Naru Menon’s Blog
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Residential property values largely increase across Cariboo in 2026
In 2025, property values increased in nearly all Cariboo region areas. Single-family home values rose by 2-14% in most districts, except 100 Mile House, which saw no change. Strata properties in Williams Lake increased by 1%. Overall property classes in Cariboo saw a 4.81% average value increase. Top-valued properties include acreages and lakefront homes exceeding…
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Is 2026 Canada’s Year for Modest Home Growth?
Slide 1: Canada’s housing market eyes modest growth in 2026 as inventory slowly normalizes. Slide 2: National home sales expected to rise 3.4%, rebounding after widespread 2025 declines. Slide 3: Rate sensitivity matters: 23% ready to buy if BoC cuts 0.5–1%. Slide 4: Younger buyers prioritize transit and commute flexibility, shaping housing choices in 2026.…
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2026 Canada Housing: Waiting Game Nears Turning Point
Sales Stalemate: Home resales have remained flat since mid-2025 as buyers and sellers wait each other out, muting fall market activity. Price Pressure: National prices have slipped, down 3.7% yearly, with softness concentrated in Ontario, British Columbia, and parts of Alberta. Regional Divide: While major markets like Toronto and Montreal cooled, cities such as Vancouver,…
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Will Canada’s Housing Recovery Stick?
CREA now expects a slower-than-hoped recovery, revising its 2025 forecast to 473,093 sales, a 1.1% drop from 2024 due to buyer caution amid tariffs and economic uncertainty. National average prices are projected to dip 1.4% to ~$676,700 in 2025, with BC and Ontario declines outweighing 4%–8% gains in most other provinces. Activity has been gradually…
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Canada’s Housing Market Poised for New Opportunities
Canadian homebuyers are cautious amid economic uncertainty, leading to stagnant home resales since July and a slight price decline of 3.7% year-over-year. Price drops are mainly in Ontario, British Columbia, and Alberta, where buyers have more options. New listings have decreased, potentially stabilizing prices. Some regions like Saskatchewan and Quebec see rising prices. Despite recent…
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BC Housing: End-of-Year Dip Masks 2026 Boom
B.C. posted upside resale surprises despite affordability pressure lingering. Sales dip about 4% by end-2025 before momentum flips. Strong rebound forecasted: sales jump 18% in 2026. Another 10% sales gain follows in 2027, slower but healthier. Prices recover gradually, rising about 4% annually post-reset.
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Burnaby Advocates for Tailored Housing Density Solutions
Burnaby is resisting B.C. government mandates to increase housing density, proposing limits to four units on smaller lots and requiring parking spots. The mayor argues against a one-size-fits-all approach, emphasizing community involvement. However, some residents support more housing options, warning that slow progress won't address the rental and affordability crisis. Continue to full article
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Is Canada’s Housing Market Headed for a Soft 2026?
Canada’s housing market will see modest activity in 2026, with no major rebound expected. Prices remain weak in key markets, leaving buyers cautious and many waiting for further declines. Sellers face challenges, as supply still outpaces demand, giving buyers the upper hand. Recovery will vary regionally: Atlantic provinces see rising prices, while Ontario, BC, and…
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Stabilization for British Columbia Housing Market in 2026
Price trends stabilize as higher supply and affordability constraints temper rapid appreciation. Sales activity gradually recovers from slower periods driven by borrowing-cost sensitivity. Investor participation moderates while end-user demand remains steady in core markets. Rent pressures ease slightly as new supply enters urban centers. Market conditions reflect gradual normalization rather than sharp price swings.
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More Rental Options Open Up Across B.C.’s Major Markets
Vacancy rates in major British Columbia cities rose in 2025, with Greater Vancouver reaching its highest level in over 30 years due to slower population growth and outflows of non-permanent residents. Vancouver's purpose-built rental vacancy was 3.7%, with rents rising modestly. Victoria's vacancy hit its highest since 1999 at 3.3%, with rent growth accelerating. Increased…