Hopes for a robust GTA housing market recovery in 2026 are facing headwinds, primarily due to escalating trade tensions between the U.S. and Canada. According to a recent report, renewed protectionist rhetoric from the U.S. is creating economic uncertainty, keeping potential homebuyers on the sidelines.
Joel Fox, co-founder of Ownright, suggests that while a housing market crash isn’t anticipated, the sluggish sales pace observed in December 2025 is likely to persist. The key factor determining the market’s direction hinges on resolving the U.S.-Canada trade dispute, with little progress in sight. Rising U.S. Treasury yields and stock market jitters further contribute to the unease. Even without further trade escalations, a struggling U.S. economy could negatively impact Canada’s housing market. To delve deeper into the factors influencing the GTA’s real estate outlook, read the full article.
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