{"id":124849,"date":"2026-03-04T16:44:40","date_gmt":"2026-03-04T08:44:40","guid":{"rendered":"https:\/\/iqiglobal.com\/blog\/?p=124849"},"modified":"2026-04-13T16:26:28","modified_gmt":"2026-04-13T08:26:28","slug":"canada-housing-market-2026-toronto-vancouver-update","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/canada-housing-market-2026-toronto-vancouver-update\/","title":{"rendered":"Canada Housing Market 2026: Softer Sales in Toronto & Vancouver, Modest Rebound Ahead"},"content":{"rendered":"\n

Canada<\/strong> <\/strong> <\/h3>\n\n\n\n

Canada’s housing market started 2026 with softer sales and more balanced supply compared to prior years. Total home sales in 2025 fell 1.9% from 2024, and the MLS® Home Price Index was down about 4% year-over-year by year-end.  <\/p>\n\n\n\n

CREA forecasts a modest rebound in 2026, with sales expected to rise 5–7% and average prices reaching around $690,000 to $700,000. The market remains stable, supported by improved affordability and steady buyer confidence.  <\/p>\n\n\n\n

Toronto<\/strong> <\/strong> <\/h3>\n\n\n\n

GTA REALTORS® reported 3,082 home sales in January 2026, down 19.3 per cent compared to January 2025, while new listings totaled 10,774, a 13.3 per cent year-over-year decline. On a seasonally adjusted basis, sales decreased month-over-month as listings edged slightly higher.  <\/p>\n\n\n\n

The MLS® HPI Composite benchmark fell eight per cent year-over-year, with the average selling price at $973,289, down 6.5 per cent from January 2025. TRREB’s 2026 Market Outlook and Year in Review Report also highlights broader trends across the GTA’s residential and commercial real estate markets.  <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Source: <\/strong>https:\/\/trreb.ca\/wp-content\/files\/market-stats\/market-watch\/mw2601.pdf<\/strong><\/a> <\/strong> <\/strong> <\/p>\n\n\n\n

Vancouver<\/strong> <\/strong> <\/h3>\n\n\n\n

Metro Vancouver home sales on the MLS® dropped 28.7% year-over-year in January 2026 to 1,107 units, well below the 10-year average. New listings declined 7.3% to 5,157 but remained above historical norms, pushing active listings up nearly 10% to 12,628.  <\/p>\n\n\n\n

The sales-to-active listings ratio stood at 9.1%, signaling continued downward pressure on prices. The MLS® Home Price Index benchmark fell 5.7% to $1,101,900. Detached, apartment, and attached home sales and prices all saw double-digit declines compared to January 2025. GVR expects 2026 to mirror last year with subdued sales, high inventory, and stable prices amid ongoing economic uncertainty.  <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Source: <\/strong>https:\/\/members.gvrealtors.ca\/news\/GVR-Stats-Package-January-2026.pdf<\/strong><\/a> <\/strong> <\/p>\n\n\n\n

Quebec<\/strong> <\/strong> <\/h3>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Source: <\/strong>https:\/\/apciqca-152af.kxcdn.com\/wp-content\/uploads\/sites\/4\/2026\/02\/stats-202601-en-1.pdf<\/strong><\/a> <\/strong><\/p>\n\n\n\n

 <\/p>\n\n\n\n

Download to see insights from other country markets<\/a>Download<\/a><\/div>\n\n\n\n

<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

Canada   Canada’s housing market started 2026 with softer sales and more balanced supply compared to prior years. Total home sales in 2025 fell 1.9% from 2024, and the MLS® Home Price Index was down about 4% year-over-year by year-end.   CREA forecasts a modest rebound in 2026, with sales expected to rise 5–7% and average prices…<\/p>\n","protected":false},"author":39,"featured_media":124893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[207,9207],"tags":[231,252,10268,224],"class_list":["post-124849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ca","category-newsletter","tag-iqi-en","tag-iqi-global","tag-newsletter","tag-real-estate"],"yoast_head":"\nCanada Housing Market 2026 | Toronto & Vancouver Price Trends<\/title>\n<meta name=\"description\" content=\"Canada\u2019s housing market enters 2026 with softer sales and balanced supply. 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