As September begins, we step into a new season filled with change. Families are settling back into routines, students are returning to school, and many Canadians are rethinking their housing plans. The real estate market is also shifting with fresh data showing where things may be headed next.
Canadians on the Move
According to Bank of Canada survey data, a record share of Canadians, both homeowners and renters say they are likely to move in the next year. This increased mobility could reshape demand across regional markets, creating both opportunities and challenges.
There’s No Single “Canadian” Housing Market
Economists often talk about “Canada’s housing market,” but the truth is there isn’t just one. Each region has its own supply, demand, and pricing dynamics. What’s happening in Toronto won’t necessarily reflect what’s happening in Calgary or Halifax.
What Are Builders Building?
In the past year, Canadian homebuilders started construction on over 100,000 rental units, nearly as many as all single-family homes and condos combined. Developers are clearly responding to stronger rental demand.
The Rental Boom
After years of undersupply, Canada’s rental market may soon shift toward surplus. With 170,000 new rental units under construction, completions over the next couple of years will give renters more choice and negotiating power.
Home Sales on the Rise
Seasonally adjusted home sales across Canada rose 3.8% in July and are now up more than 11% since March. Buyer activity is picking up as confidence improves.
What Does This Mean for You?
For Homeowners: With sales on the rise, this could be a great time to list your property and take advantage of strong market conditions.
For Renters: More rental units are on the way, which means you’ll likely have more options and greater flexibility when negotiating.
For Investors: Regional trends are shifting in different directions—making local expertise and smart strategy more valuable than ever.
For Builders & Developers: Demand for rentals is still strong, but careful project timing will matter as more supply enters the market.
What Should You Do Next?
Whether you’re a first-time homebuyer, renewing your mortgage, or just beginning to explore your options—now is the time to plan ahead. With affordability improving, inventory tightening, and regional shifts underway, a customized mortgage strategy can save you both time and money.
At Cashin Mortgages, we help you navigate market changes with confidence. Our team works with major banks, alternative lenders, and private solutions to find the right mortgage fit for your situation.
📞 Need advice? We’ve got you covered.
Let’s talk about your goals and make sure you’re ready for what’s ahead.
