07/01/2026
🚨 Canada’s buyer pool just got smaller — for the 3rd quarter in a row.
StatsCan just confirmed something we’ve never seen before: a sustained population decline outside of COVID.
📊 Q1 2026 snapshot: – Canada lost ~55K people
– Population now ~41.4M
– Largest driver: ~118K drop in non-permanent residents
– Fewer permanent immigrants vs last year
🕰 For context: The only other drop was Q4 2020… and it was tiny in comparison.
This one is ~45x bigger.
📍Why Metro Vancouver feels it first: – Highest out-migration in Canada
– Vacancy at 3.7% (37-year high)
– Prices already adjusting (~-6.9% YoY)
🏠 Sellers: You’re competing for a smaller pool of buyers while inventory builds.
Pricing strategy is everything right now.
🏡 Buyers: Less competition, more leverage —
but also a softer market underneath. Be selective.
👇
📍Don’t price for last year’s market.
Price for the one you’re in.