Naru Menon’s Blog
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What Would a 2026 Housing Recession Look Like in Canada?
In a mild recession, CMHC predicts 480,000 homes sold at $693,000 average. Housing starts are projected at 247,000 in 2026, down from 259,000 in 2025. Housing starts under recession scenario will fall to 243,000, reflecting softer market conditions. In a recession, home prices are expected to dip modestly — about $5,000 or less — not…
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Canada Market Outlook Improving When?
Canada sales rise from 470,314 (2025) to 494,512 in 2026, a 5.1% increase, signalling recovery momentum. By 2027, sales reach 511,966, adding another 3.5%, exceeding pre-slowdown activity levels. Average prices climb 2.8% in 2026 to $698,881, reversing the -1.1% decline in 2025. In 2027, prices advance 2.3% to $714,991, reflecting balanced growth, not speculative acceleration.
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Check out this price reduced listing at 33 79 Morrey Unit 16, Burnaby
PREMIUM LOCATION|Newly painted!New Hot water Tank!Ready to move in.Discover this beautiful,largest corner-unit townhome nestled in a quiet, well-maintained complex .This spacious home offers a layout featuring 3 bedrooms and 2 bathrooms upstairs, plus a versatile lower-level bedroom with its own ensuite,perfect for guests,in-laws,or a private home office.The main floor welcomes you with a bright dining…
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7 Essential Tips for Real Estate Agents to Overcome Market Saturation and Poor Training
Real estate agents can thrive in a saturated market by specializing in a niche, leveraging digital marketing, and continuously improving through advanced training and mentorship. Building strong client relationships, using technology like CRM and virtual tours, creating valuable content, and mastering negotiation skills are key strategies. Success comes from branding, expertise, and delivering exceptional client…
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Can New Policies Ease Housing Costs in 2026?
Canada’s housing strategy review signals a stronger supply-driven approach improving affordability outcomes through 2026. Federal housing investment is projected to exceed $115B, supporting long-term construction and preservation pipelines. Accelerated approvals are expected to unlock over 100,000 additional housing units nationally in coming years. Repair programs will continue preserving hundreds of thousands of lower-cost homes, stabilizing…
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Top Marketing Strategies for Real Estate Agents to Boost Success
To succeed in real estate, agents must master marketing strategies like effective social media use, targeted advertising, SEO optimization, and high-quality visuals including 3D tours and drone footage. Building a strong referral network, partnering with local businesses, and nurturing leads via personalized email campaigns and virtual events boost client engagement. Tracking metrics and adapting strategies…
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Real Estate Agent Tips for Top-Notch Service
Exceptional real estate service hinges on trust, open communication, integrity, empathy, and problem-solving skills. Agents should personalize solutions, stay updated on market trends, and maintain transparency to build client satisfaction. Effective multi-channel communication, timely responses, and accountability are vital. Client feedback and collaboration with professionals further enhance service quality, ensuring informed decisions and positive experiences.…
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Will Pent-Up Demand Reshape Canada in 2026?
Pent-up demand from sidelined buyers is expected to drive a gradual housing recovery through 2026 and into 2027. Resale activity is forecast to strengthen most in Ontario and British Columbia, with other regions seeing steadier growth. Home prices are projected to rise modestly, reflecting a more sustainable pace rather than sharp gains. The market is…
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Effective Ways Real Estate Agents Can Boost Client Engagement
Real estate agents must constantly seek new clients due to short-term relationships. To stand out, agents should have a professional website, use high-quality photos, listen carefully, and provide upfront value. Building strong client relationships, engaging in the local community, using creative marketing, targeted digital ads, personalized communication, and partnering with mortgage companies can boost client…
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What’s in Store for Canada’s Housing Market in 2026?
Home sales are expected to rebound modestly in 2026, with national transactions forecast to rise about 5%, led mainly by southern Ontario and British Columbia. Price trends are likely to stay uneven, with continued softness in major metros like Toronto and Vancouver, while more affordable regions see firmer gains. Affordability constraints and higher inventory in…