Market Forecast & Price Trends
CREA updates housing market outlook for 2025–26
The Canadian Real Estate Association (CREA) recently updated its forecasts, pointing to a continued rebound in national home sales next year, with activity expected to climb roughly 7.7% in 2026. Average home prices are also forecast to rise modestly, though uncertainty remains high and regional differences will persist, including in Southern Ontario markets. CREA
Construction Slowdown Raises Concerns
Housing starts in Southern Ontario slipping
A new report warns that 2025 saw a significant drop in housing starts across much of Southern Ontario, including key areas that feed the Southwestern market. This slowing construction pace has sparked concern among policymakers and developers, as fewer new builds could tighten future supply and impact affordability. Yahoo Finance
Regional Price Pressure & Buyer Trends
Price declines broadening beyond the GTA
Recent market analysis shows that Southern Ontario markets, especially those outside Toronto like Hamilton–Burlington and the Golden Horseshoe, are experiencing some of the steepest price declines in the province. Factors such as economic uncertainty and tariff concerns are weighing on buyer confidence and pushing those areas into more balanced or buyer-favourable conditions. REM