The housing market is expected to rebound in 2026 as more buyers become motivated, Re/Max predicts

Re/Max Canada said it expects national home sales to rise 3.4 per cent next year as there is “light at the end of the tunnel” after a decline in 2025.

Its 2026 Housing Market Outlook report said one in 10 Canadians plan to buy a home in the next 12 months, half of which are first-time buyers, while a quarter said they believe the region’s market will become more affordable.

The report said home sales fell year-over-year in 32 of 38 markets analyzed between January and October.

However, as new listings increase year by year in various regions, inventory has also increased, including a 21% increase in Ontario.

Re/Max said this helps create balanced conditions that should attract buyers, with average prices expected to fall 3.7% in 2026.

“Canadians retain their interest in homeownership amid economic gloom,” Don Kottick, president of Re/Max Canada, said in a news release.

“The resilience that began in the autumn is expected to continue into 2026, with first-time buyers in particular finding creative ways to save and enter the market.”

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Last modified: November 26, 2025