{"id":2238,"date":"2026-10-22T08:03:05","date_gmt":"2026-10-22T13:03:05","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/10\/22\/ontario-housing-set-to-rebound-5-in-2027-but-rate-hikes-could-spoil-the-deal\/"},"modified":"2026-10-22T08:03:05","modified_gmt":"2026-10-22T13:03:05","slug":"ontario-housing-set-to-rebound-5-in-2027-but-rate-hikes-could-spoil-the-deal","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/10\/22\/ontario-housing-set-to-rebound-5-in-2027-but-rate-hikes-could-spoil-the-deal\/","title":{"rendered":"Ontario Housing Set to Rebound 5% in 2027\u2014But Rate Hikes Could Spoil the Deal"},"content":{"rendered":"

A new Desjardins report forecasts a modest recovery in Ontario’s housing market for 2027, with existing home sales expected to rise nearly 5% as lower prices, rising incomes, and first-time buyer supports lure buyers back into the market. However, the outlook carries significant caveats: the Bank of Canada is projected to raise rates twice more, potentially offsetting affordability gains and pressuring both homebuyers and developers. Senior economist Kari Norman highlights a striking contradiction\u2014improved affordability and buyer choice exist alongside persistent market weakness. Housing starts are expected to climb 6% to nearly 65,000 units, though still 30% below 2021-2022 peaks. Average home price growth is forecasted at just 2.4%, while rental conditions should remain balanced with rents rising 1.4%. Key risks include lingering US-Canada trade tensions and Middle East-related oil price pressures, both threatening to drive inflation and borrowing costs higher. For GTA readers, the takeaway is clear: 2027 may offer opportunity, but timing and rate movements will be critical. Read the full analysis at the source link to understand what this means for your real estate decisions.<\/p>\n

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Source: Read the original article<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Desjardins predicts Ontario housing sales will rise 5% in 2027, but Bank of Canada rate hikes could limit the rebound’s impact on affordability.<\/p>\n","protected":false},"author":3,"featured_media":2237,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[1180,192,260,311,213,1179],"class_list":["post-2238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-2027-forecast","tag-affordability","tag-bank-of-canada","tag-home-sales","tag-interest-rates","tag-ontario-housing-market"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/2238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=2238"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/2238\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/2237"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=2238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=2238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=2238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}