Slowly but surely Canada’s housing market is turning around

We're seeing some positive momentum in Canada's housing market: for four straight months, home resales have been climbing, and prices have ticked up over the last two. Inventory levels are holding steady as new listings decrease, though activity as a whole is still 12% below the 10-year average. Of course, how this plays out can look quite different from one region to another. As someone who works across areas like Surrey, Vancouver, Burnaby, and beyond, I keep a close eye on these shifts to help guide clients through changing conditions. Each neighbourhood has its own pace—understanding the nuances is key.