Canada’s Five-Year Housing Outlook—March 2026

Canada’s Five-Year Housing Outlook—March 2026

Canadian Economic Analysis Industry Economic Analysis Urban City Economic Analysis
13 min read

Author: Robin Wiebe

$225.00

This quarterly economic forecast presents the medium-term outlook for the Canadian economy. This release focuses on housing. For an overview of all major components of the economy, go to the Canadian Outlook main page.

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Hurdles Abound

Canadian residential markets in 2026 face multiple challenges but also a few opportunities. Threats include an uncertain international economic outlook, growing consumer stress, softening demographics, an oversupply of new homes, and troubled homebuilders.

In light of these challenges, what bright spots could provide a boost for this sector over the medium term, and are they uniform across all regions? What impact have lower federal immigration targets had on overall population growth, and how will this affect new construction, housing starts, and residential investment? What has characterized the recent behaviour of housing prices, and will this continue over the outlook period?

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