RBC Economics has released their latest outlook on Canada’s housing market, highlighting how different regions are experiencing distinct challenges. We’re seeing home resale declines and softer prices in Ontario, Vancouver, and Montreal. Here in Vancouver, where I work closely with families, new immigrants, and investors, the high inventory is creating both opportunities and questions around timing. Toronto’s recovery has paused for now, while Calgary remains more stable, and the overall national recovery is expected to be uneven.
With over 16 years advising clients through a range of market cycles in Vancouver and beyond, I’ve seen firsthand how these regional shifts require a nuanced approach—especially for those navigating cross-border or long-term investment decisions. As always, understanding local dynamics and your own goals is key to making informed moves in this evolving landscape.
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