When Will Canada’s Housing Recovery Strengthen?

National home sales are projected to rise in 2026, fueled by lower borrowing costs.
Price growth will remain uneven, with certain urban areas continuing to experience softness.
Small condos without parking are expected to remain difficult to sell across major markets.
Millennials and first-time buyers will drive demand but continue facing affordability barriers.
Market recovery is gradual, supported by pent-up demand and stable mortgage rates.


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