The Best Time to Sell Was 2022—But What If You Didn’t Have to Sell at All?

Many retirees watched home prices soar in 2022, wondering if it was the right time to sell. Some hesitated, hoping for even higher prices. Others saw the market dip in 2023 and decided to wait. Now, in 2024, the market is recovering—but here’s a thought: What if you didn’t have to sell at all?

Real estate has proven, time and time again, to be a powerful tool for wealth preservation and growth. Instead of selling, what if you kept your home, accessed its equity, and let it continue appreciating?

Home Prices Are Rising Again—And They Always Have

Canadian home prices dipped in 2023, but they are already climbing back up. Here’s how the national average home price has changed in recent years:

After a short decline, home values are trending upward again, and the Canadian Real Estate Association (CREA) predicts prices will rise another 3.3% in 2026.

For homeowners aged 55 and older, this raises an important question: What would your financial picture look like if you held onto your home for another five or ten years?

What’s Your Home Worth in 5 or 10 Years?

Historically, home values in Canada have doubled every 10-15 years. Even if home prices grow at a modest 3-5% annually, the equity you hold in your home will increase significantly over time.

If today’s market values are any indication, here’s what a home worth $662,963 today could look like in the future:

That’s over $300,000 in additional home equity within a decade, simply by staying put.

“Real estate always increases in value over time. The longer you hold onto it, the more wealth you create for yourself and your family.” — Barbara Corcoran

Selling Isn’t Your Only Option—Use Your Equity Instead

Many retirees consider selling because they feel "house-rich but cash-poor." But instead of giving up your home and the wealth it continues to build, there are ways to access your equity while still owning your home.

• Reverse Mortgage – This allows you to access your home equity without monthly payments, providing financial flexibility while your home continues to appreciate.

• Home Equity Line of Credit (HELOC) – For those who want flexibility in borrowing against their home’s value, a HELOC can be a great option.

• Refinancing – If your mortgage is coming up for renewal, refinancing could provide a way to access equity while securing better financial terms.

By keeping your home, you maintain full control over your real estate asset while leveraging its value for financial security, travel, investments, or family support.

Positioning Your Family for Generational Wealth

Holding onto your home isn’t just about financial security for today—it’s about building long-term wealth for your family.

• More Equity = More Financial Options – Whether you need funds for healthcare, renovations, or helping your children or grandchildren, your home’s rising value can support your plans.

• A Stronger Legacy – Your home can be a valuable asset passed down to your family, giving the next generation a financial head start.

• Tax Advantages – In Canada, your primary residence is exempt from capital gains tax, making it one of the most powerful wealth-building tools available.

The Smart Move Isn’t Selling—It’s Holding

If you were planning to sell in 2022 but hesitated, you haven’t missed your chance—you’ve gained an opportunity.

Rather than selling, now is the time to explore how keeping your home can provide greater financial benefits.

At Rewind Mortgage, we help homeowners 55+ explore options that allow them to stay in their homes while unlocking the wealth they’ve built.

CALL PETER: (289) 312-6333
EMAIL PETER: info@rewindmortgage.ca

Your home is more than a place to live—it’s a financial tool that can work for you. Let’s talk about how to make the most of it.