A “sold” real estate sign in the Stittsville area of Ottawa, Ont. (Credit: Ashley Fraser/Postmedia files)
This week FP Video looks at more projections for 2026, with real estate prices expected to fall further, the growing chances of an stock market correction, and how long the Bank of Canada can keep the current interest rate in place. Plus, how the average Canadian investor can get in on gold and silver’s recent rush.
Ron Butler, mortgage broker at Butler Mortgage, talks about how 2026 is shaping up to be another terrible year in real estate, with home prices set to fall further over next six months.
The housing market is showing signs of a continued slowdown as home prices across the country keep declining. Experts attribute this trend to a combination of rising mortgage rates, reduced buyer demand, and economic uncertainty. Many potential homeowners are now delaying purchases, while sellers are adjusting their expectations to attract buyers in a more competitive market.
Recent data indicates that the average home price has dropped compared to the previous quarter, marking one of the most significant declines in recent years. Urban areas, in particular, are experiencing sharper decreases as buyers reassess affordability in high-cost regions. Analysts suggest that this trend could continue if interest rates remain high and economic conditions do not improve.
For buyers, this slowdown could present opportunities to find more reasonably priced properties, although affordability challenges remain due to financing costs. Sellers, on the other hand, may need to be flexible on pricing or offer incentives to close deals.
Ed Devlin, founder and chief executive of Devlin Capital, talks about the biggest risks for investors in the year ahead, including “illegal” actions by the United States against Canada.
Royce Mendes, managing director and head of Macro Strategy at Desjardins, talks about how the Bank of Canada made the right call by holding its interest rate and signalling that it was monitoring risks to the economy.
Bipan Rai, head of ETF Strategy at BMO Global Asset Management, talks about equity plays on gold and where precious metals are headed from here in an extraordinary run.
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