{"id":229325,"date":"2025-11-25T14:49:04","date_gmt":"2025-11-25T19:49:04","guid":{"rendered":"https:\/\/www.livabl.com\/articles\/?p=229325"},"modified":"2026-01-07T12:03:53","modified_gmt":"2026-01-07T17:03:53","slug":"jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory","title":{"rendered":"Jasmine Cracknell-Young predicts a 2026 pickup as Canada works through its inventory"},"content":{"rendered":"

<\/h4>\n
\"\"<\/a><\/figure>\n\n\n\n

Canada\u2019s housing market is inching toward a recovery, but the path forward remains tangled in low inventory, shaky consumer confidence, and shifting demographics. Top industry voices from Zonda Urban<\/a> say the slowdown has run its course and buyers will return once confidence lifts and rates are accepted as the new normal. Yet even as signs of life emerge, uncertainty lingers for the 2026 outlook and the future depends on how fast the country can work through its backlog.<\/em><\/p>\n\n\n\n

A recovery is going to happen. The big thing we need to do, across the country, is get through the inventory. Everything slowed down. Consumer confidence is at an all-time low. Once that starts to come back, people will get in the market again. Interest rates, I think people are now realizing they are where they are.<\/p>\n\n\n\n

So, there\u2019s a little bit of life, but there\u2019s still a lot of uncertainty. I do think we\u2019re going to start seeing it pick up 2026 as we go through. But it\u2019ll be different in every market. What often gets overlooked are demographic shifts and lifestyle choices. We\u2019re going to have 16 million senior Canadians by 2041. There\u2019s going to be more senior Canadians than children in Canada.<\/p>\n\n\n\n

We\u2019re also returning to, lack of a better word, normalcy. Project launches and marketing campaigns weren\u2019t \u2018let\u2019s sell the entire building in a day.\u2019 We\u2019re going to go back to friends and family, then VIP brokers, then a grand opening. I do worry about what will happen when 2028 comes around. There have been zero projects started as of now, and completions are going to be extremely low. We may find ourselves in a frenzied market again. But overall, I\u2019m very positive on the market.<\/p>\n\n\n\n

– Jasmine Cracknell-Young, vice president, market advisory, Zonda Urban, Toronto, Canada<\/em><\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

anada\u2019s housing market is inching toward a recovery, but the path forward remains tangled in low inventory, shaky consumer confidence, and shifting demographics. Top industry voices from Zonda Urban say the slowdown has run its course and buyers will return once confidence lifts and rates are accepted as the new normal. Yet even as signs of life emerge, uncertainty lingers for the 2026 outlook and the future depends on how fast the country can work through its backlog.<\/p>\n","protected":false},"author":48,"featured_media":229328,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"2025-11-25T19:49:07Z","apple_news_api_id":"02ce8e4b-f488-4ab1-b8a3-63ab9526f929","apple_news_api_modified_at":"2025-12-01T17:54:55Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAAAQ==","apple_news_api_share_url":"https:\/\/apple.news\/AAs6OS_SISrG4o2OrlSb5KQ","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11108],"tags":[11492,11359],"coauthors":[10278],"apple_news_notices":[],"yoast_head":"\nJasmine Cracknell-Young predicts a 2026 pickup as Canada works through its inventory | Livabl<\/title>\n<meta name=\"description\" content=\"The advisory team at Zonda Urban provide 2026 outlooks for the Canadian housing market from coast-to-coast.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jasmine Cracknell-Young predicts a 2026 pickup as Canada works through its inventory | Livabl\" \/>\n<meta property=\"og:description\" content=\"The advisory team at Zonda Urban provide 2026 outlooks for the Canadian housing market from coast-to-coast.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory\" \/>\n<meta property=\"og:site_name\" content=\"Livabl\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-25T19:49:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-07T17:03:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2025\/11\/new-home-construction-2026-outlooks.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"534\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Erin Nicks\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Erin Nicks\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory\",\"url\":\"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory\",\"name\":\"Jasmine Cracknell-Young predicts a 2026 pickup as Canada works through its inventory | Livabl\",\"isPartOf\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2025\/11\/new-home-construction-2026-outlooks.jpg\",\"datePublished\":\"2025-11-25T19:49:04+00:00\",\"dateModified\":\"2026-01-07T17:03:53+00:00\",\"author\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/0f24f0e894da889209092a46f427cccd\"},\"description\":\"The advisory team at Zonda Urban provide 2026 outlooks for the Canadian housing market from coast-to-coast.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory#primaryimage\",\"url\":\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2025\/11\/new-home-construction-2026-outlooks.jpg\",\"contentUrl\":\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2025\/11\/new-home-construction-2026-outlooks.jpg\",\"width\":800,\"height\":534},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Articles\",\"item\":\"https:\/\/www.livabl.com\/articles\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News\",\"item\":\"https:\/\/www.livabl.com\/articles\/news\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Jasmine Cracknell-Young predicts a 2026 pickup as Canada works through its inventory\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.livabl.com\/articles\/#website\",\"url\":\"https:\/\/www.livabl.com\/articles\/\",\"name\":\"Livabl\",\"description\":\"Building New Home Dreams\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.livabl.com\/articles\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/0f24f0e894da889209092a46f427cccd\",\"name\":\"Erin Nicks\",\"description\":\"Erin Nicks has been writing for 20 years and is the author of nearly 30 textbooks. She has written for outlets such as NHL.com, Yahoo!, and Red Line Editorial.\",\"url\":\"https:\/\/www.livabl.com\/articles\/author\/erinnicks\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Jasmine Cracknell-Young predicts a 2026 pickup as Canada works through its inventory | Livabl","description":"The advisory team at Zonda Urban provide 2026 outlooks for the Canadian housing market from coast-to-coast.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory","og_locale":"en_US","og_type":"article","og_title":"Jasmine Cracknell-Young predicts a 2026 pickup as Canada works through its inventory | Livabl","og_description":"The advisory team at Zonda Urban provide 2026 outlooks for the Canadian housing market from coast-to-coast.","og_url":"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory","og_site_name":"Livabl","article_published_time":"2025-11-25T19:49:04+00:00","article_modified_time":"2026-01-07T17:03:53+00:00","og_image":[{"width":800,"height":534,"url":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2025\/11\/new-home-construction-2026-outlooks.jpg","type":"image\/jpeg"}],"author":"Erin Nicks","twitter_misc":{"Written by":"Erin Nicks","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory","url":"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory","name":"Jasmine Cracknell-Young predicts a 2026 pickup as Canada works through its inventory | Livabl","isPartOf":{"@id":"https:\/\/www.livabl.com\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory#primaryimage"},"image":{"@id":"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory#primaryimage"},"thumbnailUrl":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2025\/11\/new-home-construction-2026-outlooks.jpg","datePublished":"2025-11-25T19:49:04+00:00","dateModified":"2026-01-07T17:03:53+00:00","author":{"@id":"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/0f24f0e894da889209092a46f427cccd"},"description":"The advisory team at Zonda Urban provide 2026 outlooks for the Canadian housing market from coast-to-coast.","breadcrumb":{"@id":"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory#primaryimage","url":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2025\/11\/new-home-construction-2026-outlooks.jpg","contentUrl":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2025\/11\/new-home-construction-2026-outlooks.jpg","width":800,"height":534},{"@type":"BreadcrumbList","@id":"https:\/\/www.livabl.com\/articles\/news\/jasmine-cracknell-young-predicts-a-2026-pickup-as-canada-works-through-its-inventory#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Articles","item":"https:\/\/www.livabl.com\/articles"},{"@type":"ListItem","position":2,"name":"News","item":"https:\/\/www.livabl.com\/articles\/news"},{"@type":"ListItem","position":3,"name":"Jasmine Cracknell-Young predicts a 2026 pickup as Canada works through its inventory"}]},{"@type":"WebSite","@id":"https:\/\/www.livabl.com\/articles\/#website","url":"https:\/\/www.livabl.com\/articles\/","name":"Livabl","description":"Building New Home Dreams","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.livabl.com\/articles\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/0f24f0e894da889209092a46f427cccd","name":"Erin Nicks","description":"Erin Nicks has been writing for 20 years and is the author of nearly 30 textbooks. She has written for outlets such as NHL.com, Yahoo!, and Red Line Editorial.","url":"https:\/\/www.livabl.com\/articles\/author\/erinnicks"}]}},"_links":{"self":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/posts\/229325"}],"collection":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/comments?post=229325"}],"version-history":[{"count":0,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/posts\/229325\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/media\/229328"}],"wp:attachment":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/media?parent=229325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/categories?post=229325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/tags?post=229325"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/coauthors?post=229325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}