07/30/2026
Trying to make sense of the housing market this summer? Watch these three numbers. π β£
β£
1. Rates β the best 5-year fixed is sitting near 4%, with the Bank of Canada expected to hold steady through 2026. β£
2. Inventory β about 5.2 months of supply nationally, right around the long-term average and squarely in balanced territory. More choice, less pressure. β£
3. Prices β CREA expects the national average to rise only about 1.5% this year, so you're not chasing a runaway market. β£
β£
Put together, it's a calmer, more balanced market than the past few years β which tends to favour prepared buyers who know their budget. β£
β£
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