
A Network of Builders Working Together to Deliver Quality New Homes & Renovations
WHAT IS THE HOLMES BUILDER NETWORK?
The program aims to assist current or new homeowners in working with a builder or renovator from the Holmes Builder Network who has committed to excellence in building performance, which includes third-party inspections conducted by trusted partners, including Mike Holmes Inspections, to help ensure the project is done right the first time.
When you build or renovate your home, you want to work with committed individuals who are not only skilled but also passionate about delivering the best for your home. The entire team is here to help you as you go with tips, best practices and even design ideas.

Helping you get to your Homeowner goals
The HBN network is designed to assist homeowners in achieving satisfaction by educating homeowners about building better, what to look for in your project, and meeting modern families’ needs for comfort, safety, and functionality.

Fostering Innovation
The HBN network works with premium manufacturers, builders and experts to inspire informed innovation by encouraging builders to adopt techniques, technologies, and materials that improve building performance, durability and comfort.

Third-Party Inspections
New Home Builders who want to build better welcome third-party inspections as the information they receive will help them build better. If you are looking for a better build, ask about the third-party inspection process and what it covers to better understand what you get with your purchase or add-ons to your project.

Build For The Future
The HBN collection of builders shares information, expertise, experience and methodologies to help educate and promote better building practices, not only to benefit homeowners but other builders as well. These practices encourage builders to learn and adopt advanced, sustainable construction techniques and technologies for efficient, eco-friendly homes.
The Holmes Builder Network Advantage
Quality You Can Count On
The Holmes Builder Network is an exciting initiative that envisions a construction industry elevated to new heights through coaching, education, unity, innovation, and an unwavering commitment to quality.

Experience The Holmes Builder Network
Choosing a builder or renovator from the Holmes Builder Network helps you partner with professionals dedicated to craftsmanship and continuous improvement. The network is bound together through the commitment to excellence and sharing the values championed by the Make It Right philosophy; our members strive for growth and development, aiming for better home building and homeowner satisfaction.
With a range of companies from boutique renovators to large homebuilders, you can search the Holmes Builder Network to guide you to work together to help meet the standards your project deserves.
CONSIDERING A RENOVATION OR SEARCHING FOR A NEW HOME?
Explore the Holmes Builder Network today and take the first step toward your new home or renovation with confidence.
As part of our commitment to excellence, the builder invites Mike Holmes Inspections to conduct thorough assessments at key construction stages for every home. While our program mandates a minimum of three core inspections for new homes, builders have the flexibility to add extra inspections or offer personalized upgrade options to homeowners.

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In mid October Bob was inducted into the Homebuilders Association Vancouver - HAVAN HALL OF FAME!!!
Recognized for his 40+ years of leadership and contributions to the homebuilding community, which are too numerous to mention here, but we are very grateful for his commitment especially in the areas of NetZero building and Radon awareness.
We know that behind every great and successful man their is an even greater support system and were thrilled to see him sharing this honour with his beautiful wife Marie-Anne.
Congratulations, Bob! From Mike Holmes, Seth and all of us here at The Holmes Group we send our most heartfelt congratulations and thank you to one of the very best in the business for helping "Make it Right" all these years, you deserve this honour and more!
#makeitright #mikeholmes #holmesapproved #RDCFineHomes #WhistlerBC
Projections vs. Actual Performance (Canada)
• Home Sales:
• Projections: Early-year and mid-2026 outlooks anticipated modest contractions or stabilization, with groups like CREA initially projecting smaller drops or a pause in activity.
• Actual / Downgraded Reality: CREA has repeatedly revised its 2026 sales forecast downward (facing a projected ~5.2% decline over the year), driven by soaring oil prices, rising fixed mortgage rates, and September transactions falling 7.7% year-over-year. TD Economics and RBC similarly pegged 2026 sales declines at over 3% to 5.3% amid persistent economic softness.
• National Average Prices:
• Projections: Most major institutions projected flat-to-slight national price movements for 2026 (ranging from a slight 0.2% increase to mild drops of 0.1% to 2.3%).
• Actual / Downgraded Reality: National average home prices have drifted lower than initial baselines, dropping to roughly $666,538 by autumn—down 1.6% year-over-year—pressured heavily by sharp pullbacks and condo price corrections in major urban centers like Toronto and Vancouver (where condos saw double-digit price and sales drops).
• Regional Divergence:
• Projections vs. Reality: While Ontario and British Columbia underperformed initial models due to sluggish population growth and affordability strains, regional markets like Alberta (Calgary/Prairies) and parts of Atlantic Canada have proven more resilient, posting modest positive price growth in line with regional affordability advantages.
What changes for you
Lenders raise their prime rate by the same amount, usually within a day, and variable rates move with prime.
If your payment adjusts with prime, it goes up by about $13 to $14 a month for every $100,000 you owe.
If your payment stays the same when rates change, it won’t move. A little less of each payment goes to principal instead, which stretches your amortization by roughly 8 to 15 months on a typical mortgage. If rates ease, that time comes back off.
Why the Bank moved
The Bank lowers rates when the economy needs support and raises them when prices climb too fast.
This one is almost entirely an energy story, and it’s not a problem made in Canada. Higher global oil prices pushed inflation up, while core inflation, which leaves out things that swing a lot like gas, is still sitting around the Bank’s target.
Think of this hike as insurance. The Bank wants to make sure high energy prices don’t spill into everything else we pay for. It’s walking a tightrope: too far and it slows an economy that’s already soft, too little and inflation takes hold. That’s why Governor Tiff Macklem said the Bank will proceed carefully.
One piece of context worth knowing: as far as I’m aware, the Bank of Canada has never moved just once.
The bigger picture on variable rates
Variable rates move in cycles and always come back to the centre. Even after this change, variable still sits well below fixed.
Should you lock in?
You can. This increase doesn’t affect fixed rates, and locking in is always an option. Just know that moving to fixed today means taking on three to four times this week’s increase all at once.
#makeitright #holmesapproved
Mike Holmes has seen what happens when renovations aren’t planned or built properly.
The right materials, the right people, and the right approach matter.
Thinking about renovating your basement?
Learn what to consider before you get started.
#BasementRenovation #HomeRenovation #CalgaryHomes #BuildItRight #MikeHolmes Basement Builders
