What Is the Outlook for Canada’s Housing Market in 2026?

Home sales forecast ↑ about 7.7% in 2026, reaching roughly 509,000 transactions, as demand that was delayed by high rates gradually returns.

Average home prices expected ↑ about 3.2%, with the national average projected near $698,600, keeping prices around the $700K range.

Housing market likely to see a mild recovery, supported by pent-up demand but limited by economic uncertainty and cautious buyers.

Regional differences will remain significant, with some markets cooling while others stay stable or grow due to varying supply and demand conditions.