After more than three decades guiding clients through shifting markets, I’m encouraged to see signs of early momentum returning to Canada’s housing sector. This year, we’ve observed resales picking up, inventory levels stabilizing, and prices finding their footing—positive signals that affordability and employment trends are helping buyers regain confidence. Many who postponed their home search are now in a stronger financial position, with improved savings and job stability, and seem ready to step back in when the timing feels right.
Looking ahead, the forecast for 2026 anticipates a slight dip in resales—down about 4% to 453,000—and a modest decrease in benchmark prices, roughly 2% lower at $794,000. However, expectations are for growth to resume in 2027 across all provinces, though the recovery may feel more gradual than dramatic. Borrowing costs are hovering near their lows, with the central bank likely to hold rates steady, though international trade tensions and energy shocks could still influence our market’s pace.
Having navigated countless transitions in real estate since 1985, I know how vital it is to stay informed and prepared. My approach remains rooted in providing trusted, individualized guidance—helping each client interpret market changes and make decisions with clarity and confidence. As we look toward a steadier recovery ahead, I’m here to support your real estate journey every step of the way.
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