Canada has now experienced ten straight quarters of affordability challenges—a topic that comes up often in my client conversations. With mortgage rates likely to hold steady or inch higher over the coming year, many are turning their focus to what matters most: home prices and personal income growth. Economists suggest that slower population growth may ease housing demand, potentially helping to stabilize prices, while a stronger labour market could give household incomes a needed boost. Of course, every market tells its own story—what buyers and sellers face in Vancouver or Toronto can look very different from what we see in Calgary or Edmonton. As a Homelife Higher Standards Sales Representative, I’m here to help you navigate these shifts, always aiming to support you at every stage of your journey.
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