4-Year Outlook for Canada’s Housing Market

2025: Prices expected to drop 2%, as trade tensions and high borrowing costs suppress buyer confidence and slow demand.

2026: Market likely to remain flat, with recovery hinging on deeper rate cuts and improving affordability.

2027: Forecasts show a modest rebound, with prices climbing about 3% as conditions stabilize.

2028: Outlook points to steady growth, with a more balanced, sustainable market emerging nationwide