Canadian Housing Affordability Remains Stable in Many Regions

In recent months, we've seen a modest improvement in housing affordability across Canada—thanks largely to higher incomes and steady home prices. Here in Vancouver, along with Toronto, these gains have been particularly noticeable, though some Prairie and Atlantic markets have felt the opposite. As someone who's lived in Vancouver for nearly three decades and worked in real estate for over 12 years, I keep a close eye on these shifts for my clients. Looking ahead, with interest rates expected to rise in 2027, the cost of buying a home could increase, making informed decisions more important than ever.