Canadian real estate market finally begins to show signs of recovery, according to RBC

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As someone who’s lived and worked all over the Cowichan Valley, I’ve seen firsthand how our unique communities weather the ups and downs of the Canadian real estate market. According to RBC, the market is finally showing signs of recovery—sales are on the rise, inventories are stabilizing, and we’re seeing some modest price growth. While there’s a forecast for sales to dip in 2026 and pick up again in 2027, I’m keeping a close eye on how these trends might play out right here on Vancouver Island. Ontario and BC are both experiencing a slower condo market recovery, and with interest rates potentially rising in 2027, it’s important for local buyers and sellers to stay informed. My years of experience—whether managing customer service teams or renovating homes—have taught me how quickly the local landscape can shift. If you have questions about what these changes could mean for your next move in the Valley, I’m always here to share what I know and help guide you home.

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