Tag: canada housing market
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Canadian Developers Are Sitting on a Record 18,998 Unsold New Homes
January 29, 2026 Canadian developers are holding a record number of completed new homes that still have not sold – a notable shift in a country where many projects are typically sold before completion, especially in the condo market. New CMHC-tracked data highlighted by Better Dwelling shows completed-and-unsold inventory reached 18,998 units in December 2025,…
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Here’s What $1M Homes Look Like Across Canada – January 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 Rents Just Fell at the Fastest Pace in Four Years
January 18, 2026 Canada’s housing slowdown is now clearly spilling into the rental market. New data from Rentals.ca shows average asking rents fell again in December, marking the steepest annual decline in four years and pushing national rents to their lowest level since mid-2023. However, the pullback is far from uniform. Nearly all of the…
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The Great Canadian Shift Away From Big Cities Is Accelerating
Canada’s long-running shift toward big-city living appears to have hit a turning point. New population estimates from Statistics Canada (StatCan) show urbanization stalled in 2025 for the first time in decades, as both residents and newcomers increasingly bypass the country’s largest and most expensive metropolitan areas. The data suggests the migration toward smaller cities, towns,…
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Canadian Housing Market Update – December 2025: Rate Cuts Fail to Revive Home Sales
November was widely expected to be a turning point for Canada’s housing market. After two consecutive interest rate cuts from the Bank of Canada, borrowing costs fell to levels many buyers had been waiting for. Instead, new data shows home sales declined across most of the country, reinforcing the idea that lower rates alone are…
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What Experts Predict for the Dec 10 Bank of Canada Rate Announcement
The Bank of Canada’s next interest rate decision on December 10, 2025 is one of the most anticipated announcements of the year. After cutting the overnight rate to 2.25% in October, economists are now divided on whether the Bank will continue easing or pause to assess the economy. Most experts agree on one thing: a hold is now…
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ReMax just dropped a report calling for 3.4% more home sales across Canada in 2026
ReMax Canada’s 2026 housing market forecast calls for a 3.4% rebound in home sales, softer prices, and more balanced conditions. Here is what buyers and sellers should know.
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Bank of Canada cuts key interest rate for first time since March, bringing policy rate to 2.5%
The Bank of Canada has officially lowered its key interest rate for the first time since March 2025, cutting the policy rate by 25 basis points to 2.5%. The move had been widely anticipated by economists, as signs of economic weakness and cooling inflation have been building throughout the summer. Why Did the Bank of Canada…
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Vancouver’s Rental Market Shifts: One of the City’s Largest Purpose-Built Projects Seeks Tenants
The completion of Signal, one of Vancouver’s largest purpose-built rental projects, marks a rare moment of opportunity for renters in the city’s notoriously tight housing market. But experts warn this supply surge may not last long. Developed by Intracorp Homes and Oxford Properties, the project includes two towers- 27 and 32 storeys- delivering over 500…
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Canadians Are Spending Less Time With Friends – Especially Working Adults, Says StatCan
A new report from Statistics Canada reveals a concerning trend in Canadian social life: face-to-face friendships are declining, particularly among working-age adults. In 2022, only 19.3% of Canadians reported seeing friends on an average day, compared to 47.9% in 1986. The most dramatic drop occurred among those aged 25 to 64, whose likelihood of seeing a friend fell from 42% to just 14% over…
Canada Housing Market 