CANADA

 Are we on the verge of a home-buying tidal wave?

Thousands of Canadians may soon enter the housing market as the country’s real estate looks to be on the verge of getting out of correction territory, according to the Royal Bank of Canada.RBC Economics estimates more than 400,000 potential households have been suppressed since 2019, many of whom have been renting for longer than they’d have hoped and so they may finally be ready to make the plunge....Read More

September 2026 Canadian Housing Market Update

The Canadian housing market is becoming increasingly complex. New home construction is slowing, mortgage preferences are changing, housing supply is increasingly being directed toward rentals, and economic pressures are affecting different provinces in different ways.For homeowners, homebuyers, real estate investors, and anyone planning to refinance or renew their mortgage, understanding these trends can help you make more informed financing decisions....Read More

Canada's housing market 'finally' moving toward recovery this year: RBC

A new report from RBC Economics says Canada’s housing market appears to be “finally taking steps” toward a recovery. Home resales have been on a “winning streak since April,” the report said, with inventory levelling off and prices showing signs of stabilizing. There is room for gradual progress going forward, as improved affordability and job prospects lift confidence, it added. “The key to the outlook will be the extent to which sidelined homebuyers make their way to market,” Robert Hogue, an assistant chief economist at RBC, said in the report.  “We think there could be hundreds of thousands of Canadians who put plans to buy a home on hold in the past several years due to sharp increases in ownership costs. Many of them are living longer than preferred in rented accommodation or delaying upsizing or downsizing current digs....Read More  

August 2026 Housing Forecast: Canada's Market Shifts from 'Crisis' to Sustainable 'Correction'

The Canadian housing market is poised for a significant rebalancing by August 2026, transitioning from years of a perceived affordability crisis to a more sustainable correction. This shift offers new opportunities for both buyers and sellers as market dynamics evolve across the country. 2% Realty explores what this means for....Read More

Canada’s housing market is getting more balanced, but not more active

Canada’s housing market just produced its fourth consecutive monthly sales gain. That sounds like a recovery.The actual number is less dramatic. According to the Canadian Real Estate Association (CREA), national home sales rose 0.5 per cent from June to July. Activity was still 5.3 per cent below July 2025, while the MLS Home Price Index remained 3.3 per cent lower than a year ago... Read More

Canada's housing market suffers largest price decline among major economies

Canada’s residential housing market has experienced the largest decline in housing prices among similar advanced economies, according to the Bank for International Settlements (BIS). House prices in Canada, adjusted for inflation, fell five per cent in the third quarter from a year earlier, said a new report from BIS, which is the bank for 63 global central banks. China also experienced a five per cent decline, while prices in Finland fell four per cent. Other countries that...Read More

Housing market faces possible recession in 2026 amid ‘subdued’ demand

Canada’s housing market is expected to stay “subdued” this year amid economic uncertainty stemming from the trade war and U.S. tariffs — with a recession still a possibility. The Canada Mortgage and Housing Corporation released its 2026 housing market outlook Tuesday, which says demand from buyers is expected to “remain below historical averages.” “Elevated price‑to‑income ratios, high carrying costs and lingering job uncertainty will keep many buyers on the sidelines...Read More

Low-key start to the fall for Canada’s housing market

The kick-off into the fall season for Canada’s housing market has been notably subdued, reflecting cautious sentiment that continues to characterize buyer behaviour across the country. Early September data from local real estate boards reveal a mixed picture that underscores diverging regional dynamics shaping the national landscape. There were modest improvements in home resales in September...Read More