If 2025 felt like a real estate roller coaster—hands up, eyes closed—you’re not alone. Heading into 2026, the housing market is starting to feel a bit more… human. Still complicated, still emotional, but slightly less likely to make dinner-table conversations awkward.
Let’s start with the big topic everyone pretends not to refresh daily: interest rates. By 2026, buyers and sellers alike are getting used to the idea that ultra-low rates were a once-in-a-generation thing—kind of like dial-up internet or affordable concert tickets. The good news? Predictability is back. Rates may not be “cheap,” but they’re more stable, which means people can actually plan again. Revolutionary.
Housing affordability continues to be front and center politically. Governments are promising more supply, faster builds, and fewer hurdles—because nothing unites Canadians like agreeing housing is too expensive and then politely debating why. Meanwhile, in the U.S., election aftershocks and policy shifts continue to ripple through markets, reminding us that real estate doesn’t live in a bubble… even if we sometimes wish it did.
What’s changing in 2026 is buyer mindset. Panic buying has cooled. Sellers are learning that pricing “aspirationally” might just lead to extended quality time with their listing. Homes that are well-priced, well-presented, and well-located are still moving—others are learning patience, a valuable life skill.
There’s also a renewed appreciation for lifestyle real estate. People want walkability, home offices that don’t double as laundry rooms, and neighborhoods that feel like communities—not just postal codes. Quality over quantity is winning.
And finally, something we can all agree on: the Olympics are coming. With the 2026 Winter Games in Milan, there’s a global sense of anticipation—athletes, travel, investment, and optimism. Historically, major global events remind people that the future is still something to build toward. Real estate tends to like that energy.
So, while 2026 may not be a fairy tale market, it’s a grown-up one. More balance, fewer surprises, and cautious optimism. And honestly? After the last few years, that sounds to us like a win worth celebrating—gold medal optional.
