Tag: canada housing market 2026
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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,…
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Bank of Canada Warns the Next 5 Years Could Be Turbulent
Canada’s economic outlook is entering a new phase of uncertainty, and it could have direct implications for the housing market. In a recent address, Carolyn Rogers of the Bank of Canada warned that the country is facing long-term structural changes that will be difficult to manage and could reshape the economy for years to come.…
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Canada Housing Market 2026: Are Rate Cuts Over? Mortgage Rates Could Rise 75 Basis Points
After months of optimism around falling interest rates, a new narrative is emerging across Canada’s housing market and it could catch buyers and homeowners off guard. Financial markets are now pricing in the possibility that the Bank of Canada may not only delay rate cuts, but could raise interest rates again in 2026. For a…
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Canada’s $658K Housing Wake-Up Call: What Falling Home Prices Mean for Homeowners
Canada’s housing market is entering a new phase in 2026. After years of rapid price growth, the national benchmark home price has declined to $658,300, marking the eighth consecutive month of falling values. For millions of homeowners, this shift is a reminder that real estate markets can move in both directions. While Canada is not facing…
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Canada’s Mortgage Delinquencies Are Rising: What the Five Year High Means for Homeowners
Canada’s housing market is facing a growing financial pressure point. Mortgage delinquencies are rising across the country as higher borrowing costs continue to impact homeowners. Recent data shows Canada’s mortgage arrears rate has climbed to roughly 0.26 percent, approaching a five year high. While that number may appear small, the trend is attracting attention from economists…
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Canadian Home Prices Fall to $652,941 as Sales Drop 12.5% to Start 2026
February 21, 2026 Canada’s housing market opened 2026 with weaker sales, falling prices, and rising listings, a combination that is slowly shifting negotiating power back toward buyers in several regions. According to WOWA’s latest update (last updated February 19, 2026), the national average home price declined to $652,941 in January 2026, while sales fell sharply…
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Nova Scotia Sees Canada’s Largest Home Price Drop as PEI and Quebec Defy the Market
February 1, 2026 Most Canadian housing markets have so far held up better than expected during the national downturn – but cracks are starting to show. New data from the Canadian Real Estate Association (CREA) reveals that home prices fell again in December, with only Prince Edward Island and Quebec managing to post gains. While…
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Edmonton Home Prices Rise While Condo Values Slide – WOWA Flags A Split Market Heading Into 2026
January 18, 2026 Edmonton’s housing market ended 2025 with a clear two-speed story: overall prices moved higher, but condos moved the other way. New data from WOWA’s December 2025 Edmonton housing market report shows the average home price rose month over month and year over year, even as transaction volume fell and apartment prices posted…
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Why Alberta Is Still Canada’s Top Migration Magnet Heading Into 2026
Despite higher interest rates and a slower national housing market, Canadians are still moving to Alberta in large numbers heading into 2026. For buyers and renters priced out of Ontario and British Columbia, Alberta continues to stand out as one of the few provinces offering a rare mix of affordability, job opportunities, and lifestyle. This…
Canada Housing Market 