TD Predicts Affordable Home Prices and Opportunities by 2026

Home sales and prices in Canada are now forecasted to decline in 2026, with sales expected to fall 1.8% and prices to drop 0.3% nationally. Ontario and B.C. face the steepest declines due to affordability challenges, with sales down 3.2% and 0.2%, and prices falling 4% and 1.2%, respectively. A rebound is anticipated in 2027, with sales rising 9.6% and prices up 2.7%.