The number of home sales recorded over Canadian MLS® Systems fell 5.8% on a month-over-month basis in January 2026.
“The monthly decline in national home sales was driven primarily by less activity in the Greater Golden Horseshoe and Southwestern Ontario, suggesting that the story was probably more about a historic winter storm than a downshift in demand,” said Shaun Cathcart, CREA’s Senior Economist. “Notwithstanding the chilly start to the year, we continue to expect 2026 will ultimately be defined by pent-up demand from first-time buyers finally seeing a chance to enter the market.”
...
TORONTO, Jan. 29, 2026 - RBC and REALTOR.ca today announced a strategic partnership to bring together the largest Canadian brands in mortgage financing and home search to support Canadians on their homeownership journey with added education and advice. This is the first partnership of its kind between Canada's leading home search marketplace and leading financial institution.
This long-term collaboration will pave the way for a new...
GTA REALTORS ® Release January Stats
There were 3,082 home sales reported in January 2026 – down by 19.3 per cent compared to January 2025. New listings entered into the MLS® System amounted to 10,774 – down by 13.3 per cent yearover-year. The MLS® Home Price Index (MLS® HPI) Composite benchmark was down by eight per cent yearover-year in January 2026. The average selling price, at $973,289, was down by 6.5 per cent compared to January 2025. On a seasonally adjusted basis, January 2026 home sales were down month-over-month compared to December 2025, while new listings...
.jpg)
TRREB Releases Highly-Anticipated 2026 Market Outlook and Year in Review Report
The Toronto Regional Real Estate Board’s (TRREB) 2026 Market Outlook and Year in Review report highlights a housing market shaped by improved buyer choice and affordability, alongside cautious consumer sentiment across the Greater Toronto Area (GTA).
The report finds that elevated supply levels are expected to keep price growth in check through 2026, while overall home sales activity is forecast to remain within a similar range compared to the last three years, with the potential for improvement later in the...
.jpeg)
The Bank of Canada held its benchmark interest rate steady Wednesday and forecasts a gradual economic recovery from the U.S. tariff shock.
The policy rate remains at 2.25 per cent after the central bank’s first decision of the year.
Economists had widely expected the hold.
Bank of Canada governor Tiff Macklem said in prepared remarks that the economy has evolved broadly in line with the central bank’s expectations since hitting pause on its interest rate easing cycle in December.
But he also warned that uncertainty remains “unusually high,” particularly around geopolitical risks and the...
.jpg)
Securing reliable tenants is essential for maintaining steady rental income and minimizing potential issues. The process requires careful screening, clear communication, and full compliance with anti-discrimination and privacy laws.
Consult a legal professional or landlord association to ensure you follow applicable rental laws. Acceptable and relevant questions may include:
.jpg)
With Parliament resuming after the winter break, Prime Minister Mark Carney has unveiled a boost to the GST credit as part of a suite of new affordability measures.
Carney made the announcement in Ottawa on Monday, launching what’s called the “Canada Groceries and Essentials Benefit.”
“Canada’s new government is acting today to provide a boost to those Canadian families who most need one, while creating a bridge to longer-term food security and affordability,” Carney said.
The quarterly GST payments will see an increase of 25 per cent over the next five years beginning this July, and will...
A recent CMHC report titled "Is Toronto's condo market downturn a repeat of the 1990s?" points to a possible future rebound as new supply has essentially stopped. The argument is straightforward: With no new projects breaking ground today, the eventual shortage could drive another wave of appreciation tomorrow. That thesis is the foundation for many to ask and question whether or not it's time to buy investment condos. It is a question worth exploring. Toronto has experienced cycles where underbuilding eventually led to renewed price growth, and CMHC is correct to highlight that...
.jpg)
.jpg)
After a nearly two per cent drop in 2025, the number of homes sold across the country is expected to jump 5.1 per cent this year, and another 3.5 per cent in 2027, according to new projections from the Canadian Real Estate Association (CREA).
In relative terms, it’s “not a huge increase,” said CREA’s senior economist Shaun Cathcart.
“We’re trying to be conservative here, because affordability is still going to be a constraint. Supply not being around in big numbers in many parts of the country is a constraint.”
CREA predicts 494,512 residential properties will be sold in 2026, and 511,966...
.jpg)
Canada’s housing market closed out 2025 without much hype as home resales and prices declined in December.
The softness underscores several headwinds—including persistent affordability challenges, economic uncertainty, and job market slack—continuing to constrain a meaningful recovery.
Home resales fell 2.7% in December from November, while the MLS Home Price Index eased 0.3% nationwide.
Resales in Toronto fell 0.4%, while Montreal, Vancouver, Calgary, Edmonton, and Ottawa all posted more pronounced declines of 2.5% to 5.7%. The wide range reflects the divergent regional dynamics that...
