{"id":51,"date":"2026-10-05T17:00:00","date_gmt":"2026-10-05T17:00:00","guid":{"rendered":"https:\/\/www.susiduring.ca\/blog\/?p=51"},"modified":"2026-10-05T17:00:00","modified_gmt":"2026-10-05T17:00:00","slug":"canadian-home-sales-slide-6-9-yearly","status":"publish","type":"post","link":"https:\/\/www.susiduring.ca\/blog\/2026\/10\/05\/canadian-home-sales-slide-6-9-yearly\/","title":{"rendered":"Canadian Home Sales Slide 6.9% Yearly"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/susi-during\/canadian-home-sales-remotion-videos-361b\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>We&#039;ve seen a notable shift in the Canadian real estate market as we moved through mid-Q3: national home sales dropped by about 1% month-over-month and approximately 7% year-over-year. This signals the impact that ongoing economic uncertainty and rising mortgage costs are having on buyers and sellers alike. The Canadian price index held steady from the previous month but is down around 3% compared to last year. Interestingly, after several months of declines, new property listings rebounded by roughly 3%. The sales-to-new listings ratio softened to about 49%, a step further below the long-term average near 55%\u2014a trend I\u2019ve been observing in our local Shuswap market as well.<\/p>\n<p>Economists point to concerns over inflation and questions surrounding recent economic growth, with higher bond yields nudging fixed mortgage rates upward. As of mid-Q3, markets were factoring in a roughly 60% likelihood of a rate hike in early Q4, with expectations for over a percentage point of tightening by 2027.<\/p>\n<p>With over 25 years in real estate and a background in financial analysis, I always keep a close eye on these shifts\u2014especially how they affect property values, market timing, and opportunities across Salmon Arm, Blind Bay, Sorrento, and the broader Shuswap region. As always, staying informed is key to making confident decisions, no matter which side of the transaction you\u2019re on.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We&#039;ve seen a notable shift in the Canadian real estate market as we moved through mid-Q3: national home sales dropped by about 1% month-over-month and approximately 7% year-over-year. This signals the impact that ongoing economic uncertainty and rising mortgage costs are having on buyers and sellers alike. The Canadian price index held steady from the [&hellip;]<\/p>\n","protected":false},"author":392,"featured_media":52,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-51","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/posts\/51","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/users\/392"}],"replies":[{"embeddable":true,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/comments?post=51"}],"version-history":[{"count":1,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/posts\/51\/revisions"}],"predecessor-version":[{"id":53,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/posts\/51\/revisions\/53"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/media\/52"}],"wp:attachment":[{"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/media?parent=51"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/categories?post=51"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.susiduring.ca\/blog\/wp-json\/wp\/v2\/tags?post=51"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}