Category: british columbia
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CREA Cuts Forecast Again as Canadian Home Prices Expected to Stay Flat for Years
Canada’s housing market outlook has been downgraded again, with new projections suggesting both sales and prices could remain largely stagnant for the next several years. The latest forecast from the Canadian Real Estate Association shows weaker-than-expected activity to start 2026, leading to significant revisions in both sales and price expectations. Home Sales Forecast Slashed for…
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B.C.’s Housing Market Among Weakest in Canada as Sales and Demand Decline
British Columbia’s housing market is showing significant signs of weakness in 2026, with new data pointing to declining sales, falling demand, and ongoing affordability challenges. A recent outlook from TD Economics has identified B.C. as one of the weakest housing markets in the country, alongside Ontario. Sales Activity Remains Well Below Normal Market activity has…
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More Than Half of Canadians Say They’re Not Living in Their Ideal Home, New Report Finds
A new report suggests a growing gap between what Canadians want in a home and what they can actually afford. According to a recent study from Century 21 Canada, more than half of Canadians say they are not living in their ideal home, with affordability emerging as the biggest barrier preventing people from upgrading or…
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Vancouver Home Prices Rise Slightly as Inventory Hits 13-Year High
Canada’s housing market is showing mixed signals once again, this time in one of the country’s most expensive regions. New data from Greater Vancouver Realtors shows that home prices increased slightly in March, marking the first monthly gain in a year. However, the broader picture suggests the market remains under pressure, with weak demand and…
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Canadians Are Now Spending Over 60% of Their Income on Housing in Some Cities
Housing affordability in Canada is reaching new extremes, and in some cities, it’s no longer just a stretch, it’s becoming unsustainable. New data suggests that in major urban centres, many households are now spending more than 60% of their income on housing costs, far above what experts consider affordable. What “Affordable Housing” Is Supposed to…
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Home Prices Are Falling in Canada’s Most Expensive Cities – But It’s Still Not Enough
Canada’s housing market is showing signs of softening, especially in its most expensive cities, but for many buyers, affordability is still out of reach. New data and expert analysis suggest that even with slight price declines, the market remains difficult to enter, particularly for first-time buyers. Prices Are Dropping – But Only Slightly Recent forecasts…
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38% of Canadian Landlords Say They’re Losing Money – New Report Reveals Growing Pressure
A new report is challenging one of the biggest assumptions about Canada’s housing market. Despite record-high rents in many cities, a growing number of landlords say they’re not making money – and some are losing it. What the Data Shows According to a 2026 rental market report from liv.rent: This suggests that the majority of…
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Here’s What $1M Homes Look Like Across Canada – April 2026
The 1M benchmark used to guarantee a luxury property in most of Canada. In 2026, it often represents the starting point in some regions and a waterfront dream home in others. National home prices have been driven by higher construction costs, limited inventory, interprovincial migration, and the ongoing urban to rural shift. Here’s a province by province look…
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Canadian Banks Now Relying on Home Sales to Recover $7B in Losses
Canada’s housing downturn is beginning to show up in a new and concerning way. According to a recent report from Better Dwelling, Canadian banks are increasingly relying on selling homes from delinquent borrowers to recover losses, with billions now tied to distressed real estate. New data suggests this trend is accelerating quickly. Banks Now Expecting…
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TD Just Slashed Its 2026 Canada Housing Forecast – Prices Now Expected to Fall
Canada’s housing outlook for 2026 has taken a sharp turn. A new report from TD Economics now expects both home sales and prices to decline this year, reversing earlier forecasts that called for a strong rebound. TD Now Expects Sales and Prices to Decline in 2026 TD Economics is forecasting a weaker housing market than previously expected,…
Canada Housing Market 