Re/Max Canada says it expects national home sales to increase 3.4% next year, as it sees “light at the end of the tunnel” following declines in 2025.
Its 2026 housing market outlook report says one-in-10 Canadians plan to buy a home in the next 12 months, half of whom for the first time, while one-quarter say they believe the market in their region will become more affordable.
The report says home sales fell year-over-year in 32 of 38 markets analyzed between January and October.
But inventory has grown as new listings increased year-over-year across all regions, including a 21% increase in Ontario.
Re/Max says this has helped lead to balanced conditions that should entice buyers, with average prices expected to fall 3.7% in 2026.
“Amid looming economic clouds, Canadians are maintaining their interest in home ownership,” said Re/Max Canada president Don Kottick in a news release.
“The resilience that began to emerge in the fall is anticipated to continue into 2026, with first-time buyers in particular finding creative ways to save and enter the market.”
Visited 1 times, 1 visit(s) today
Don Kottick forecast housing forecast housing market re/max re/max housing report real esate
Last modified: November 26, 2025