A new TD Economics outlook predicts a ‘patchy’ recovery for Canada’s housing market in 2025-2026, with significant regional variations. While provinces like Alberta and Saskatchewan are expected to outperform, Ontario is projected to lag due to trade headwinds and softer housing conditions. The GTA specifically is likely to see slower price growth due to looser supply-demand dynamics. TD anticipates unemployment rates to peak in Q1 2026, followed by a gradual decline. Population growth is also expected to slow due to tighter immigration policies, easing rent pressures in Ontario. Rishi Sondhi, a TD economist, forecasts Ontario housing prices to fall by 6.4%. For GTA mortgage professionals, this means adapting strategies to navigate these diverging regional realities. Read the full analysis on mpamag.com to understand how these trends might impact your real estate decisions.
Read the original story here: https://www.mpamag.com/ca/mortgage-industry/industry-trends/td-sees-resilient-provinces-reshaping-canadas-uneven-housing-recovery/560340
