Lately, more clients have been asking the same question: what’s going to happen with housing prices next year? It’s coming up in conversations, not just online, but in everyday chats — at showings, over the phone, and even at the grocery store.
The website remax.ca has suggested that prices could rise by around 10% in 2026. That number isn’t a promise, and it’s not something anyone should panic over, but it does explain why people are starting to think a bit further ahead than usual.
For buyers, this kind of outlook can feel frustrating. A lot of people already feel like prices ran ahead of them. The concern isn’t usually about next year — it’s about what happens if you wait another year and everything costs more again. That’s where the stress comes from.
What we often see is that buyers who take time now to get their finances organized feel more in control later. Even if they don’t buy right away, knowing what they can afford changes how they watch the market. It turns uncertainty into something a bit more manageable.
On the selling side, a rising market sounds appealing, but it doesn’t automatically make the process easy. Homes still need to show well, and pricing still matters. Buyers notice when a property has been cared for — and they notice when it hasn’t. That hasn’t changed, no matter what the market is doing.
Something else that doesn’t always get talked about is what happens after the sale. If you’re selling and then buying again, higher prices don’t just work in your favour. They follow you. It’s one of those details that’s easy to overlook until you start running the numbers.
And while national forecasts get shared a lot, real estate here doesn’t always move in step with the rest of the country. In Newfoundland, some areas stay steady while others pick up speed, and not every type of home gets the same level of attention. Local conditions tend to matter more than big-picture predictions.
At the end of the day, a possible price increase in 2026 isn’t a reason to rush into anything. It’s just information. For some people, it’s a nudge to start planning earlier. For others, it’s reassurance that waiting a bit longer won’t derail everything.
Either way, the goal isn’t to time the market perfectly. It’s to make decisions that feel right for your situation — and to do it with your eyes open.
