RBC Housing Report Explained: Rates, Renewals, and the Road to 2026

Описание: Canada’s largest bank just updated its housing outlook, and the charts tell a clear story: sales recovering, prices dipping into early 2026, then stabilizing—all while interest rates stay higher for longer and mass mortgage renewals hit. In this video, we break down the key charts and what they mean for buyers, sellers, and investors across Canada, with a sharp lens on York Region and the Greater Toronto Area. 📊🏠

What we cover:
Home resales: below pre-pandemic trend but recovering; why demand was pulled forward in 2020–2021
Prices: expected to soften through late 2025/early 2026, then base and turn
Mortgage renewals: ~60% up for renewal by end-2026 and how that pressures listings and pricing
Rates: Bank of Canada cuts likely limited; fixed rates no longer trending down
Labour market: unemployment peaking ~7–7.5% before improving into 2026
Affordability: still stretched despite softer prices; construction costs up ~75–100% since pre-pandemic

Population: immigration growth moderating, still positive; rental market remains tight

Tactical plays in York Region / Greater Toronto Area: where sales recover first vs. where pricing lags

Key insights & takeaways:

Expect transaction volume to improve before prices—good environment for move-up buyers to trade up with smaller price gaps.

Renewal pressure = more realistic pricing + motivated sellers in select pockets.

Fixed rates: this may be as good as it gets near-term; do not bank on cheaper money in 2026.

Investors: focus on cash flow resilience (rents steady, expenses controlled); be selective on condos, prioritize freehold with value-add.

Sellers: list to improve volume; price to market, not to wish.

Buyers: use the next 6–12 months to negotiate; lock financing early; prioritize fundamentals (location, transport, income profile).

Chapters
0:00 Intro & agenda
0:35 Resales vs. trend (pulled-forward demand)
2:10 Price path: dip → base → stabilize
4:05 Mortgage renewals through 2026
6:00 Rates: BoC, fixed vs. variable
7:30 Labour market & confidence
8:45 Affordability and build costs
10:00 Immigration, rentals, and timing
11:30 GTA/York Region strategy
13:00 Action plan & who benefits


If this helped, like 👍, comment your city/price band, and subscribe for weekly, no-fluff market breakdowns. Share this with a friend who’s planning a move in 2025–2026.

Contact & Links:
🔔 Like & Subscribe for weekly real estate insights!
📩 Need expert advice? Contact us at:
Matthew Gizzie – [MeetMatthew.ca]
Dylan Silbernagel – [TheSilbernagelTeam.com]


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