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Wishing all of our family and friends a very Happy 4th of July!!
#MikeHolmes #makeitright #holmesapproved
#MikeHolmes #makeitright #holmesapproved
As we move into the Q3 of 2026, Canadian real estate market is defined by a slow, localized stabilization rather than a rapid boom.
Nationally, the average home price is hovering around $688,955, representing a modest year-over-year increase of about 1.5%.
Sales volumes are similarly subdued, with buyers taking a cautious, value-driven approach amid economic pressures.
Key National TrendsPrices: Forecasters project flat-to-modest annual price growth nationally, with the Canadian Real Estate Association (CREA) revising its 2026 average price growth down slightly due to early-year sluggishness.
Sales: National residential sales are seeing mild upward momentum, rebounding roughly 1.0% to 3.4% year-over-year as buyers cautiously return to the market.
Sentiment: Buyers are carefully weighing job market conditions and interest rate stability, making it a "discerning buyer" market rather than a panic-buying environment.
Regional BreakdownReal estate remains highly hyper-local, with contrasting conditions across different provinces:
Ontario & British Columbia: These historically expensive markets are experiencing soft conditions.
Prices in urban centers like the Greater Toronto Area (GTA) and Greater Vancouver are generally seeing single-digit declines (down roughly 3% to 4.5%), offering better opportunities for first-time buyers.
Alberta: Markets are expected to see mostly flat-to-minimal price growth as previous record population booms normalize.
Quebec: Montreal continues to see solid growth (projected around 5%), while Quebec City leads major Canadian markets with the highest projected price gains (around 12%).
Housing Supply and Rentals New Construction: Housing starts are generally declining from past highs, though purpose-built rentals are providing a vital boost to overall supply.
Condo Market: Condominiums are facing downward pressure nationally, with prices dipping in major urban cores due to higher inventory and changing investor dynamics
#makeitright #mikeholmes #holmesapproved #2026Q3Canada
Nationally, the average home price is hovering around $688,955, representing a modest year-over-year increase of about 1.5%.
Sales volumes are similarly subdued, with buyers taking a cautious, value-driven approach amid economic pressures.
Key National TrendsPrices: Forecasters project flat-to-modest annual price growth nationally, with the Canadian Real Estate Association (CREA) revising its 2026 average price growth down slightly due to early-year sluggishness.
Sales: National residential sales are seeing mild upward momentum, rebounding roughly 1.0% to 3.4% year-over-year as buyers cautiously return to the market.
Sentiment: Buyers are carefully weighing job market conditions and interest rate stability, making it a "discerning buyer" market rather than a panic-buying environment.
Regional BreakdownReal estate remains highly hyper-local, with contrasting conditions across different provinces:
Ontario & British Columbia: These historically expensive markets are experiencing soft conditions.
Prices in urban centers like the Greater Toronto Area (GTA) and Greater Vancouver are generally seeing single-digit declines (down roughly 3% to 4.5%), offering better opportunities for first-time buyers.
Alberta: Markets are expected to see mostly flat-to-minimal price growth as previous record population booms normalize.
Quebec: Montreal continues to see solid growth (projected around 5%), while Quebec City leads major Canadian markets with the highest projected price gains (around 12%).
Housing Supply and Rentals New Construction: Housing starts are generally declining from past highs, though purpose-built rentals are providing a vital boost to overall supply.
Condo Market: Condominiums are facing downward pressure nationally, with prices dipping in major urban cores due to higher inventory and changing investor dynamics
#makeitright #mikeholmes #holmesapproved #2026Q3Canada
A little throwback thursday with one of our favourite videos of last year from our friends Bernskoetter Construction's FoxFire Road project...
This amazing shower with multiple shower heads that produce an incredible 38 gallons per minute! So far no reports of any lifeguard assitance nee#makeitrightr#MikeHolmeso#holmesapprovedr#bernskoetterbuiltb#bernskoetterconstructionction
This amazing shower with multiple shower heads that produce an incredible 38 gallons per minute! So far no reports of any lifeguard assitance nee#makeitrightr#MikeHolmeso#holmesapprovedr#bernskoetterbuiltb#bernskoetterconstructionction
Happy Canada Day 2026!! Many beautiful views in this amazing country, we hope you are enjoying the view from where you are today!
#CanadaDay2026 #makeitright #MikeHolmes #holmesapproved
#CanadaDay2026 #makeitright #MikeHolmes #holmesapproved
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