Canada's 6-mo housing starts trend stayed flat in Late-Q3 at 250.4K units, while total monthly SAAR for all areas ↑3% MoM to 248.9K.
In centres above 10K population, actual Late-Q3 starts totaled 20K units, ↓11% yearly, while the Early-Q1-to-Late-Q3 tally for 2026 reached 171K, ↓4%.
Construction activity stayed steady in larger centres: units under construction were flat MoM at 371.6K, completions ↓~1% to 17.4K, and unstarted permits ↑~1%.
An economist warned Canada's key risk is not building enough during softer market conditions, saying sustained affordability gains since 2023 depend on higher construction levels.
Next national housing-starts data arrives November 17, while rural starts were estimated at 18.1K units in Late-Q3, adding context to Canada's supply picture.
Author: Zia Fayaz
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Canada’s Housing Starts Trend Holds Flat
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Canada Construction Market Size, Trends and Sector Forecast to 2030
The future of Canada’s construction sector looks promising, with projections showing a 2.6% growth in 2026 and an average annual increase of 2.8% through 2030. These numbers are more than just statistics—they reflect the momentum behind residential and non-residential investments, as well as government initiatives in renewable energy, infrastructure, mining, and affordable housing. As someone who’s passionate about real estate and always striving to stay ahead, I see these trends translating into more opportunities for buyers, sellers, and property investors alike. With my commitment to providing a smooth, hassle-free experience and a client-first focus, I’m here to help you navigate these changes with confidence and clarity. Trust, expertise, and a dedication to service remain at the heart of what I do.
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Kamloops Homebuyers Enjoy More Options as Prices Ease
September brought some notable shifts to the Kamloops real estate scene. The benchmark price for a single-family home dipped to $659,100, marking a $25,000 decrease from the summer months. Home sales slowed as well, with 189 properties changing hands. Even as activity cooled and prices softened, our market remains balanced thanks to continued low inventory.
As someone passionate about delivering real results and a hassle-free experience, I know how important it is to stay on top of these trends. Whether you’re entering the market for the first time, ready to sell, or seeking the right investment, understanding these changes is key. My goal is always to provide guidance rooted in trust and a deep knowledge of Kamloops, so you can confidently navigate every twist and turn in our evolving real estate market.
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Vancouver, Fraser Valley Homebuyers Enjoy More Choices in September
September brought a noticeable shift in the Vancouver and Fraser Valley housing markets, with home sales cooling even further. Metro Vancouver saw an 8.4% dip in sales, while Fraser Valley sales were down 4%. Apartment sales had an even steeper drop at 18.6%. Prices also softened, declining 5.5% in Metro Vancouver and 7% in the Fraser Valley, as high inventory and a more cautious approach from buyers shaped the landscape. Navigating changes like these is exactly where having an experienced, client-focused agent makes all the difference. I’m committed to making your real estate journey as smooth and hassle-free as possible, by staying on top of market trends and being available to answer any questions you may have. Trust and local expertise are at the heart of what I do, whether you’re buying, selling, or investing.
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Canada’s Affordability Improves as Fixed Rates Rise
While headlines might suggest that affordability is improving as fixed rates rise, it's important to look closely at the details before drawing conclusions about our local real estate market. The recent data available focuses mainly on broader Canadian trends and selected metro areas, without providing hard numbers for home prices, mortgage rates, or affordability here in our community. There's also no specific information about how monthly payments or qualifying income are being impacted locally, nor any town-level benchmarks to measure shifts in affordability. As someone who believes trust and clear guidance are key to a smooth real estate journey, I want my clients to have the clearest, most relevant insights possible. Right now, the only responsible takeaway for our area is caution—without the facts that matter to us locally, it's best not to make assumptions. If you're navigating these changing times, know that I'm committed to helping you cut through the noise and focus on what truly matters for your goals.
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Canadian Homebuyers Enjoy Most Affordable Prices Since 2023
It’s certainly an interesting time in Canadian real estate: home prices slipped another 0.2% from July to August, marking the lowest point since April 2023 and a 4.2% drop from last year’s peak. Out of the 11 major cities tracked, six experienced declines, with Vancouver seeing a more notable dip of 1.6%. With financing costs on the rise and sales activity softening, these shifts can feel unsettling for buyers and sellers alike. For me, staying on top of every market movement is part of delivering the results and peace of mind my clients expect. Whether you’re considering your first purchase, planning a sale, or thinking about investment opportunities, my goal is always to make the process as smooth and straightforward as possible—combining up-to-date market insight with that trusted, hands-on guidance you deserve.
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When is the right time to buy?
One of the most common questions I get is, "When is the right time to buy a home?" In my experience, the answer has less to do with trying to time the market, and more to do with your own readiness and financial comfort. Most Canadians focus on being prepared—getting mortgage pre-approval in place, consulting with trusted advisors, and making ongoing financial plans. Taking steps like exploring mortgage protection insurance can also add an extra layer of security and peace of mind. My approach is always about putting clients first, making sure you feel confident and supported at every stage of your real estate journey. It’s about trust, knowledge, and taking the stress out of the process—so when you’re ready, you’ll know.
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Newcomer Canadians Eager to Join Homeownership Journey
Navigating the path to homeownership as a newcomer to Canada can feel overwhelming, especially when you're juggling saving for a down payment, securing stable employment, and building credit—all at once. It's no surprise that fewer than 30% of newcomers own homes soon after arriving, and that nearly half settle in Ontario. However, with perseverance and the right guidance, that number rises to 45% after 5 to 10 years. As someone who is passionate about real estate and committed to making the buying process as smooth and hassle-free as possible, I understand how important it is to have a trusted advisor by your side. My knowledge of the local market and dedication to client-first service are here to help you turn those dreams of homeownership into reality, no matter where you're starting from.
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Kamloops – Most Affordable Homes of September 2026
Finding an affordable home in Kamloops doesn’t have to be overwhelming—especially when you have a clear picture of the options. For September 2026, I’ve compiled a list of the most budget-friendly homes on the market, sorted by price to help you quickly see what’s available:
1. Listing 10394227 — $100,000
2. Listing R3164922 — $107,500
3. Listing 10374100 — $108,000
4. Listing R3136572 — $123,000
5. Listing 10395264 — $125,000
6. Listing 10396025 — $125,000
7. Listing 10402016 — $125,000
8. Listing 10401642 — $129,900
9. Listing R3137867 — $129,900
10. Listing 10400016 — $134,000
11. Listing 10401530 — $134,000
12. Listing 10402018 — $155,000
13. Listing 10401027 — $159,900
14. Listing 10399196 — $164,900
15. Listing 10380707 — $167,000I’m passionate about making real estate as accessible and straightforward as possible, always striving to deliver measurable results for my clients. Whether you’re a first-time buyer, investor, or simply curious about what’s out there, my goal is to take the stress out of the process and ensure you have all the information you need to make the best decision for your future.
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Kamloops Prices Ease $25K From Summer
As someone deeply invested in delivering a smooth, stress-free real estate experience, I keep a close eye on shifts in our Kamloops market. Recently, we saw benchmark pricing for single-family homes ease to $659,100 in late Q3—a $25,000 drop from summer. That’s the third month in a row of softer pricing, but the atmosphere remains balanced overall. With 189 homes sold in late Q3 and 446 new listings added, buyers are seeing fresh options even though inventory is still relatively low. Industry leaders have described this late-Q3 slowdown as a typical market ebb and flow, not a drastic swing. For those thinking of buying, selling, or investing in Kamloops, the message is clear: stability is the name of the game right now. My focus is always on keeping you informed and confident, so you can move forward with trust and clarity, no matter your real estate goals.





