After a year marked by strong activity and sustained price increases, the real estate market is entering 2026 with a degree of stability, but without a real pause, particularly for first-time buyers.
A Still Active, But More Segmented Market
Even though economic uncertainty persists and the luxury segment is showing signs of slowing down, demand remains strong in the more accessible price ranges. Properties priced between $300,000 and $800,000 continue to attract a large and motivated clientele, especially among first-time homebuyers.
This segment of the market is particularly sensitive to mortgage rates. The successive reductions in the key interest rate observed over the past year have restored purchasing power to many households, allowing them to move forward with projects that had been put on hold.
First-time buyers leading the way
In 2026, first-time buyers are expected to remain a key driver of the market. More cautious, but well-informed, they are strategic in their approach and responsive when an opportunity that matches their budget and needs arises. Competition remains strong, especially for well-located, turnkey properties.
Prices still rising
Forecasts indicate a moderate but steady increase in prices across the province. This increase is due to still-limited inventory in certain segments, combined with sustained demand. In major urban centres, growth is expected to be slightly more restrained, but the market will remain dynamic and competitive.
A Market That Favors Preparation
In 2026, more than ever, the key to success lies in preparation. For buyers, this means solid financial pre-qualification, a good understanding of the market, and the ability to act quickly. For sellers, strategic positioning, careful marketing, and a realistic price assessment remain essential.
The 2026 real estate market is shaping up to be active, structured, and driven by serious buyers. Without excess, but with consistency, it will continue to offer excellent opportunities to those who take the time to gather information and surround themselves with the right strategies.
