State of the Housing Market in Canada 2026

The Canadian housing market remains steady, but affordability is a real challenge for many. With a third of mortgage holders preparing to renew soon—and 67% expressing concerns about increased rates—these are important times for homeowners and buyers alike. Almost half have less than a 15% cushion in their payments, leaving them vulnerable if rates go up. I understand the unique pressures newcomers and recent buyers are facing in this environment. As a Homelife Higher Standards Sales Representative, my training and commitment are focused on helping you navigate these complexities and support you at every stage of your journey.