Patty Strowbridge

📊 Canadian Housing Market Update – March 2026

Home sales activity remained relatively flat in March, but here’s what’s important:

• New listings dropped slightly
• Home prices declined again
• Interest rates are still impacting affordability

What this means 👇
We’re seeing a more balanced market, which can create opportunities for buyers who have been waiting on the sidelines.

💡 If you’re thinking about buying, upgrading, or refinancing, strategy matters more than ever in this type of market.

As a mortgage broker, I can help you:
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Compare options across banks and credit unions
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Secure competitive rates
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Structure your mortgage for approval
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Guide you from pre-approval all the way to closing

📩 Feel free to reach out if you want to understand what you can afford or whether now is the right time for you to enter the market.

Canadian home sales activity little changed in March as the number of newly listed properties fell 0.2% m/m and home prices fell once again. - Dominion Lending Centres Housing Activity Remains Weak in March The number of home sales recorded over Canadian MLS® Systems was virtually unchanged (-0.1%) on a month-over-month basis in March 2026. “Home sales activity remained at lower levels in March, as rising global economic uncertainty, along with a mid-month jump...

Will we finally see BOC cut rates again? Find out this and latest updates below

Canadian inflation fell a tick to 2.3% in January - Dominion Lending Centres CPI Inflation in Canada Fell A Tick to 2.3% Y/Y in January on Gasoline Price Decline The Consumer Price Index (CPI) rose 2.3% on a year-over-year basis in January, following a 2.4% increase in December. The gasoline price index was the largest contributor to the deceleration in headline inflation, w...

Bottom Line – Canada’s Economic Outlook

The Bank of Canada is holding the policy rate as inflation continues to ease, excluding food prices. Canada’s economy is performing better than expected, supported by stronger productivity growth. With lower inflation and steady growth, the BoC is likely to remain on hold through most of 2026, with the next rate move more likely a hike in 2027—barring major changes to CUSMA.

Housing has been the weakest sector, particularly in Ontario, where tariff uncertainty has dampened activity. Greater clarity on the Canada–Mexico–U.S. agreement could help restore confidence and support a rebound in housing, especially in Ontario and Quebec.

Read more about this by clicking the attached link.

Canadian CPI inflation Jumped to 2.4% y/y in December. - Dominion Lending Centres CPI Inflation in Canada Rose to 2.4% in December The Consumer Price Index (CPI) rose 2.4% on a year-over-year basis in December, following a 2.2% increase in the prior two months. The year-over-year acceleration in the all-items CPI was driven by the temporary Goods and Services Tax (GST)/Harmonized...