As someone who’s been guiding clients through the ups and downs of Canada’s real estate market for over a decade, I’m keeping a close watch on what’s shaping up to be a gradual, steady recovery in housing. Since early Q2, we’ve seen resales picking up, inventories settling, and prices either holding steady or easing at a slower pace. The latest forecasts suggest that in 2026, home resales could dip about 4% to 453,200 units, with benchmark prices down around 2% to $794,200—even in the face of recent improvement. By 2027, resales are expected to rise 7% to 483,600, with prices nudging just under 1% higher to $800,700. This points to a recovery, but not a full-blown boom. Interestingly, there’s a large pool of pent-up demand: more than 400,000 Canadian households may have postponed buying since 2019. The path forward will depend on affordability, steady growth, and renewed confidence. Even so, with rates likely at their lowest and global trade tensions in play, it’s a reminder that the market’s next moves will be shaped by more than just local factors. I’ll be here to help you make sense of every shift along the way.
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