As someone who has helped clients navigate shifting real estate landscapes since 2010, I’m encouraged to see early signs of renewed confidence in Canada’s housing market. Recent trends—resales improving, inventory holding steady, and prices finding their footing—suggest that stronger employment and better affordability are putting more buyers in a position to move forward with their plans. Many who sat on the sidelines are now better prepared financially, and I’m watching closely to see how quickly they re-enter the market. Looking ahead, forecasts suggest a slight dip in resales (down about 4% to around 453,000) and a modest decrease in benchmark prices (about 2% to $794,000) for 2026, with a return to gradual gains in 2027. While borrowing costs are near recent lows and the central bank is expected to hold rates, uncertainties like trade tensions and energy costs could still influence the pace of recovery. Across all provinces, both resales and prices are projected to rise in 2027, though the recovery is expected to be steady rather than dramatic. I remain committed to offering clarity and support as we move through these changes together.
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