{"id":101,"date":"2026-10-12T15:00:00","date_gmt":"2026-10-12T15:00:00","guid":{"rendered":"https:\/\/www.realestatebybrian.ca\/blog\/?p=101"},"modified":"2026-10-12T15:00:00","modified_gmt":"2026-10-12T15:00:00","slug":"canadian-home-sales-slide-6-9-yearly","status":"publish","type":"post","link":"https:\/\/www.realestatebybrian.ca\/blog\/2026\/10\/12\/canadian-home-sales-slide-6-9-yearly\/","title":{"rendered":"Canadian Home Sales Slide 6.9% Yearly"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/brian-mcquhae\/canadian-home-sales-remotion-videos-361b\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>As someone who\u2019s spent a lifetime calling the Cowichan Valley home and helping folks settle here, I keep a close eye on shifts in the national housing landscape\u2014and right now, things are certainly evolving. Mid-Q3 numbers show Canadian home sales dropped about 1% month-over-month and nearly 7% compared to last year. For those wondering about home values, the price index stayed flat since last month but is down about 3% year-over-year. Meanwhile, we did see a small boost in new listings\u2014up around 3% after a few months of declines\u2014which means buyers may have a bit more to choose from.<\/p>\n<p>The sales-to-new-listings ratio has eased to roughly 49% from 51% earlier in the quarter, sitting well below the long-term Canadian average of 55%. Behind these numbers are broader economic pressures\u2014rising inflation concerns, uncertainty about growth, and higher bond yields that have pushed fixed mortgage rates higher. At the time these stats were gathered, markets were pricing in about a 60% chance of a rate hike in early Q4, with more than a percentage point of tightening likely by 2027.<\/p>\n<p>For anyone considering buying or selling in our Valley, understanding these trends is key to making confident decisions. My roots here\u2014and my experience guiding clients through changing markets\u2014mean I\u2019m always here to offer insight tailored to what makes our community unique.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As someone who\u2019s spent a lifetime calling the Cowichan Valley home and helping folks settle here, I keep a close eye on shifts in the national housing landscape\u2014and right now, things are certainly evolving. Mid-Q3 numbers show Canadian home sales dropped about 1% month-over-month and nearly 7% compared to last year. For those wondering about [&hellip;]<\/p>\n","protected":false},"author":328,"featured_media":102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/posts\/101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/users\/328"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/comments?post=101"}],"version-history":[{"count":1,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/posts\/101\/revisions"}],"predecessor-version":[{"id":103,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/posts\/101\/revisions\/103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/media\/102"}],"wp:attachment":[{"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/media?parent=101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/categories?post=101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/tags?post=101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}