Slowly but surely Canada’s housing market is turning around

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It’s encouraging to see Canada’s housing market showing signs of steady recovery, with four consecutive months of increased home resales and two months of price growth. While inventory levels are stabilizing and new listings are down, overall activity is still sitting about 12% below the 10-year average—something I’ve noticed firsthand here in the Cowichan Valley. Each region tells its own story, and our local market has its own rhythm and unique opportunities. Having lived and worked across Cobble Hill, Lake Cowichan, Duncan, and Shawnigan Lake, I keep a close eye on these shifts to help people find their ideal place in this special corner of the Island. Whether you’re thinking of buying or selling, understanding these trends is key to making confident decisions here at home.

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