Canadian homebuyers’ market confidence grows

Advertisement 1 This advertisement has not loaded yet, but your article continues below. Breadcrumb Trail Links HomeLifeHomesCondosNew Homes Canadian homebuyers’ market confidence grows Potential recovery signalled as home sales rose and supply fell over the summer. Author of the article: By Joel Schlesinger  •  for the Calgary Herald Published Sep 10, 2026 Last updated 3 hours ago 1 minute read Join the conversation Improving affordability is one driver behind improved confidence, says a report by National Bank of Canada Capital Markets. Postmedia Article content Canada’s housing market showed early signs of a potential recovery this summer with rising sales, marking the fourth consecutive month increase. A recent report from National Bank of Canada Capital Markets found sales increased nationally 0.5 per cent in July from June, while new listings dropped nearly two per cent. Article content Months of inventory also declined, reaching 4.7, the lowest level since December last year. Article content Article content Article content National Bank reported that conditions tightened over the summer in many provinces even as the national aggregate picture points to a market in balance between supply and demand. Article content Noon News Roundup Your weekday lunchtime roundup of curated links, news highlights, analysis and features. Sign Up By signing up you consent to receive the above newsletter from Postmedia Network Inc. Interested in more newsletters? Browse here. Article content Its Teranet-National Bank Composite National House Price Index reflected improving conditions with growing price stability in many markets, including Toronto. Article content Vancouver’s long-struggling market led markets with a 0.7 per cent price index increase. Article content In Alberta, Edmonton saw its price index increase 0.5 per cent while Calgary was largely flat, down 0.1 per cent. Article content National Bank pointed to improving consumer confidence with about 52 per cent of respondents stating now is a good time to purchase a home. Article content Improving affordability is one driver behind improved confidence. Article content The percentage of median income required to qualify for the average monthly mortgage payment fell to just above 50 per cent, down from 60 per cent last year. Article content The metric still remains well above the long-term average, however, the report noted. Article content Another factor helping affordability is new…