The Canada Mortgage and Housing Corporation (CMHC) has released its 2026 Housing Market Outlook for all of Canada, including specific information for the London and St. Thomas region.
The average price is expected to remain relatively flat in 2026, reflecting a buyers’ market with higher listings. As demand strengthens in the latter forecast years, price growth is expected to resume, but moderately
Key highlights for LSTAR include:
- Sales will gradually strengthen as trade‑related uncertainty fades, but elevated supply will likely prevent average price growth until later in the forecast period.
- Total housing starts are expected to remain stable in 2026 due to continued strength in the rental apartment segment.
- Housing starts have been more resilient than anticipated in their last outlook.
The complete report can be found here: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/market-reports/housing-market/housing-market-outlook
