Canada Housing Could Look Very Different in 2027

Looking ahead to 2027, we may see a noticeably different housing landscape across Canada. According to CMHC, housing conditions are projected to improve steadily as both incomes and the broader economy gain strength. While home sales are expected to recover, activity will likely remain below the highs of the last decade. CREA is forecasting only modest growth in national home prices, pointing to a period of stability rather than another surge. With higher inventory and softer demand in certain markets, buyers could find themselves with more room to negotiate. I’m always keeping a close eye on these trends—especially in neighbourhoods like Central Lonsdale, Downtown Vancouver, and Coquitlam—so clients are well-informed for their next move.