real-estate-brokers_1024

Real Estate Talk:
A window of opportunity

A significant shift in global events could lead to a marked improvement in the real estate market

By Joseph Marovitch

June 18, 2026

There has been a significant shift in global events that could lead to a marked improvement in the real estate market. After months of global financial upheaval due to the conflict with Iran and the U.S., the two countries have signed an agreement to cease hostilities and open the Strait of Hormuz, thereby releasing the chokehold on global economies.

The opportunity currently presented may be long-lasting or temporary. Either way, however long the peace lasts in the window, we have increased inventory and pent-up demand released, meaning a sudden increase in active demand.

With increased inventory and demand, we will be in a balanced market, however long the peace remains. Therefore, a balanced market means there is room to negotiate on both the buyer and seller sides to secure fair and reasonable prices and terms. Released demand tends to drive property values higher.

For those who must purchase or sell, now is a good time to proceed. For those who can wait a while, it may be prudent to see if global conditions remain the same or fall apart.

However, increased inventory makes negotiations more balanced, meaning there are not 15 buyers for every property, creating a seller’s market, and there are not 15 houses for every buyer, creating a buyer’s market. A balanced market is very healthy for the economy and provides true negotiation without desperation.

Caution is still required, and mitigating risk through various strategies and tools is a must. If the peace becomes permanent, then the market can be more predictable, and buyers do not have to worry as much about sudden interest spikes and increased carrying costs. However, if the war resumes and oil shortages persist, the property purchased today at a low interest rate may suddenly be much more expensive to maintain.

There are ways to avoid inflation and credit risk. For those who must purchase or sell, now is a good time to proceed. For those who can wait a while, it may be prudent to see if global conditions remain the same or fall apart.

The information in these articles is a summary. Should you have questions or comments, or wish to discuss further, please refer to the comments section at the bottom of the page or contact me directly. To view past articles, click here.


STATE OF THE MARKET

The good news is a memorandum of understanding (MOU) has been signed, providing respite from high prices and the worry of increased interest rates. The question is, will the peace be permanent or temporary? We all pray it is permanent. The issues that started the war are still there, therefore caution would be the best course of action for the next few months, unless you a real estate investor in income property and single property price speculation.

‘Every period of conflict restrains the market and creates pent‑up demand, offering a chance to purchase homes and revenue‑generating buildings and to secure an advantageous position once hostilities cease.’

Every period of conflict restrains the market and creates pent‑up demand, offering a chance to purchase homes and revenue‑generating buildings and to secure an advantageous position once hostilities cease. In a temporary truce, investors can reorganize, acquire properties, and let them appreciate as the conflict continues, so they can reap the benefit of that appreciation when the conflict is next resolved.

Have a wonderful weekend


The information in this article is derived from the CMHC, the Financial Post, other verifiable news outlets, and interpreted by this writer to provide an informed opinion and facts.


LET’S NOT FORGET THAT PEOPLE WITH CANCER ARE VULNERABLE TOO!

You are invited to continue giving to the following organizations, as it’s now more important than ever to support cancer research! Click on the logos below to find out how:

logo Leukemia & Lymphoma Society of Canada - WestmountMag.ca

Cancer Research Society


Feature image: PixTreats – Pixabay
Bouton S'inscrire à l'infolettre – WestmountMag.ca

More articles by Joseph Marovitch
Other recent articles


Joseph Marovitch

Joseph Marovitch has worked in the service industry for over 30 years. His first career was working with families from Westmount and the surrounding areas, hosting children ages 6 to 16 as the owner and director of Camp Maromac, a sports-and-arts sleep-away summer camp established in 1968. Using the same strengths he used when caring for families, such as reliability, integrity, honesty, and a deep commitment to protecting the interests of those he is responsible for, Joseph applies them to his current real estate broker career. Should you have questions, feel free to contact Joseph Marovitch at 514 825-8771 or at josephmarovitch@gmail.com

 



Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted