WARNING: The 2026 Housing Threat No One is Talking About

veryone is asking the same question right now: how long will this last? Because the housing market doesn’t just feel slow—it feels stuck. Prices in many Canadian markets are still down meaningfully from their peak, sales activity is hovering near multi-decade lows, and key indicators like the sales-to-new-listings ratio remain in soft territory. But what makes this cycle different is that inventory hasn’t exploded in the way most people would expect during a downturn, and underlying demand ha...