Canada’s resale housing market is expected to regain momentum in 2026 and continue growing through 2027, driven by pent-up demand from first-time buyers and easing interest rates. Sales are forecast to rise 5.1% in 2026 and 3.5% in 2027, with stronger rebounds in British Columbia and Ontario. Home prices are projected to increase modestly by 2.8% in 2026 and 2.3% in 2027, indicating a calmer, more sustainable market.
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