Sarnia-Lambton Is Now a Buyer's Market. Here's What That Means for You
Originally published in The Sarnia Journal, March 13, 2026.
The numbers are in, and Sarnia-Lambton has moved into a buyer's market. Buyers have more choice and more negotiating power than they've had in years. At the same time, mortgage rates may be heading up.
February 2026 at a glance
A word of caution: February's average is based on only 72 sales. I want to see the spring numbers before calling this the new normal.
Why mortgage rates could rise
Tension in the Middle East has pushed global oil prices up, and higher oil prices feed inflation. That makes further Bank of Canada rate cuts in 2026 less likely. Fixed mortgage rates that were under 4% could move into the 4.04% to 4.5% range.
Protect your rate
- Signed mortgage commitment: you're protected from rate increases before closing.
- Pre-approval with a rate hold: you're protected only until the hold expires, so know your date.
- Renewing soon: watch the expiry on your renewal offer. A later quote could be higher.
Thinking about buying?
A buyer's market with rates on the move is exactly when a local agent earns their keep. Contact me and I'll help you line up your financing and find a home in Sarnia or Lambton County before rates climb.
Contact ChrisFree Home Evaluation
Or call 519-381-7975
This is general information, not financial advice.
