Wondering what’s happening in Canada’s housing market in 2026? Here’s the short answer: conditions are improving. The REMAX 2026 Canadian Housing Market Outlook reveals that home sales are expected to rise 3.4%, and average prices may dip by -3.7%, creating opportunities for buyers nationwide. Let’s break down the trends region by region.
Canadian Housing Market Trends in 2026
What Are the Housing Market Trends in Western Canada for 2026?
Western Canada is entering 2026 with stability and opportunity:
- Vancouver: Luxury home prices dropped 6.3%, from $2.65M to $2.48M. Entry-level homes remain competitive.
- Calgary & Edmonton: Balanced markets with strong demand for suburban single-detached homes.
- Regina & Winnipeg: Still seller-friendly due to low inventory and steady demand.
Quick tip: Looking for deals? Vancouver’s high-end market and Alberta’s suburbs are worth exploring.
Is Ontario’s Housing Market Buyer-Friendly in 2026?
Yes—especially outside the GTA:
- Northern Ontario: Stable prices and steady demand.
- Mid-Sized Cities: London, Kitchener-Waterloo, and Simcoe County offer more inventory and slower price growth.
- GTA: Prices fell 3.5%, from $1.13M to $1.09M, but affordability remains a challenge.
Quick tip: Mid-sized cities are ideal for first-time buyers seeking value.
What’s Driving Atlantic Canada’s Housing Market in 2026?
Atlantic Canada remains affordable and growing:
- Prices projected to rise 3–5%.
- Moncton, Fredericton, and Truro lead in sustainable, affordable developments.
- St. John’s Metro saw a 4.4% increase in transactions, signalling strong confidence.
Quick tip: Atlantic Canada offers lifestyle appeal and affordability—perfect for buyers and investors.
What Should Canadian Buyers Focus on in 2026?
- Interest Rates: Possible cuts of 0.5–1% could improve affordability.
- Inventory: More listings mean better choice and negotiating power.
- Tech Tools: Virtual tours and online platforms make buying easier than ever.
Bottom line: 2026 is a year of opportunity. Whether you’re eyeing Vancouver, Ontario’s mid-sized cities, or Atlantic Canada, now is the time to plan your move.
