{"id":68,"date":"2026-10-01T10:00:00","date_gmt":"2026-10-01T10:00:00","guid":{"rendered":"https:\/\/www.realestatebybrian.ca\/blog\/?p=68"},"modified":"2026-10-01T10:00:00","modified_gmt":"2026-10-01T10:00:00","slug":"canadas-housing-recovery-wont-be-a-boom","status":"publish","type":"post","link":"https:\/\/www.realestatebybrian.ca\/blog\/2026\/10\/01\/canadas-housing-recovery-wont-be-a-boom\/","title":{"rendered":"Canada\u2019s Housing Recovery Won\u2019t Be a Boom"},"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\/rbc-housing-recovery-remotion-videos-da93\" 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 years getting to know every corner of the Cowichan Valley, I keep a close eye on how national housing trends might ripple through our local market. Canada\u2019s housing market is showing signs of recovery since early Q2\u2014resales are picking up, inventory is finding a balance, and prices are either holding steady or softening at a slower pace. That said, the latest bank forecasts suggest we shouldn\u2019t expect a boom: home resales are projected to dip about 4% to 453,200 in 2026, with benchmark prices easing around 2% to $794,200. For 2027, they anticipate a 7% rebound in resales (up to 483,600) and just under 1% growth in benchmark values (to $800,700). The driving force? Pent-up demand\u2014over 400,000 Canadian households have delayed forming since 2019, waiting for the right moment to buy. Ultimately, the market outlook depends on affordability, steady economic growth, and renewed confidence, though with rates likely at their lowest and trade tensions in the mix, there are still a few unknowns ahead. It\u2019s a landscape that calls for local expertise and a steady hand\u2014something I\u2019ve honed after years of helping Cowichan Valley families navigate every type of market.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As someone who\u2019s spent years getting to know every corner of the Cowichan Valley, I keep a close eye on how national housing trends might ripple through our local market. Canada\u2019s housing market is showing signs of recovery since early Q2\u2014resales are picking up, inventory is finding a balance, and prices are either holding steady [&hellip;]<\/p>\n","protected":false},"author":328,"featured_media":69,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-68","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\/68","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=68"}],"version-history":[{"count":1,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/posts\/68\/revisions"}],"predecessor-version":[{"id":70,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/posts\/68\/revisions\/70"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/media\/69"}],"wp:attachment":[{"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/media?parent=68"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/categories?post=68"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestatebybrian.ca\/blog\/wp-json\/wp\/v2\/tags?post=68"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}