Looking ahead at Canada’s housing landscape, we’re seeing early signs of renewed momentum: resales have ticked up, inventory has levelled off, and prices are stabilizing—thanks largely to improved affordability and solid employment numbers that are encouraging buyers to revisit their real estate plans. Many clients who pressed pause on purchasing are now better positioned financially, with increased savings and stable jobs—setting the stage for a possible return to the market.
The latest forecasts suggest that 2026 may see a dip in resales by about 4% (to roughly 453,000) and a 2% decrease in benchmark prices (to around $794,000). But by 2027, modest gains are anticipated, with both resales and prices projected to rise across all provinces—even if the path to recovery isn’t uniform. Borrowing costs appear to be near their lows, and with the central bank expected to hold rates steady, the environment remains watchful of global trade and energy risks.
For families, new immigrants, and global investors navigating Vancouver’s dynamic market, understanding these nuances is key. My experience advising on over $300 million in transactions—especially for those building long-term assets in Vancouver or exploring cross-border opportunities—allows me to offer perspective as we move through this evolving cycle. The recovery may not be dramatic, but for those prepared, it’s an opportunity to plan for the next chapter.
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