Canadian Housing

High development and building costs in Ontario, and substantial inventory are weighing on the initiation of new projects.

Home resales picked up again in July and balanced market conditions have emerged in more areas.

We expect this gradual recovery to continue in the second half of 2025, setting the stage for stronger demand in 2026.

Home sales momentum is rebuilding in several markets as earlier fears of economic doom fade.

The housing market showed further signs of recovery in June with home resales picking up for a third straight month.

More prospective homebuyers make their way back to housing markets as some trade war fog dissipates—but it’s far from a stampede.

Interest rate cuts, easing home prices and income gains contributed to lower RBC's aggregate affordability measure in Q1.

More homebuyers made their way back to the housing market in May, while price corrections eased in several cities.

The weight of the trade war on Canada’s housing markets could be lifting as reports indicate home resale activity picked up in May.

The full impact of trade tensions on buyer sentiment may be nearing its peak as a price correction takes place in the most expensive markets.

The MLS Home Price Index fell again in several markets in April — extending months-long negative streaks for the most part.

Here are 10 key charts that explain what’s happening with housing construction and stock in Canada and what’s ahead.