Canada Housing Market Finds Its Footing in 2026

Canada’s housing market is expected to see a slow rebound in 2026, with modest price gains and gradually improving affordability.

National home prices are forecast to rise about 1% yearly, as lower borrowing costs encourage sidelined buyers to return cautiously.

Regional performance will diverge, with price declines expected in Toronto and Vancouver, while Quebec City and Montreal lead gains.

Stabilized mortgage rates, easing uncertainty, and incremental supply growth are predicted to support steady demand through 2026.