In Canada and the US, early July signals the drop of key midyear housing statistics:
Resale Supply Deficits: Real estate associations emphasize that the market is still short hundreds of thousands of listings to reach normal equilibrium, preventing a massive price crash despite lower consumer confidence.
The Rental Safe Haven: According to mid-2026 outlooks from agencies like the CMHC, rental markets are finally moving toward a healthier balance. A wave of purpose-built rental completions is arriving, slowing down rent growth and giving renters more breathing room to save.
