06/16/2026
Canada’s housing market is showing renewed momentum heading into summer!
May saw the strongest monthly sales increase of 2026 as lower borrowing costs, improved affordability, and stabilizing home prices continue bringing buyers back into the market. Inventory levels remain balanced nationally, while price declines have started to moderate — signs the market may be finding its footing after a prolonged adjustment period.
Single-family homes continue to lead activity, while the condo market is gradually working through higher inventory and softer investor demand. Overall, improving confidence, balanced conditions, and easing financial pressures could support stronger housing activity through the second half of the year.
Key takeaway: Canada’s housing market is shifting from uncertainty toward stability, creating more balanced opportunities for both buyers and sellers. 🏡