May 2026 - Andersen Brethour Report

The May 2026 edition of the Andersen Brethour Report is now available — featuring critical insights into Canada’s slowing economy, shifting consumer behaviour, and early signs that parts of the housing market may finally be stabilizing.

While economic uncertainty and weak business investment continue to weigh on Canada’s outlook, this month’s report also highlights improving conditions in the GTA housing market, particularly in low-rise housing and resale activity.

Here are the Top 5 Insights from this month’s report:

✅ Canada’s Economy Remains in Slow-Growth Mode

✅ The GTA Resale Market Is Showing Signs of Stability

✅ Low-Rise Housing Recovery Is Beginning to Build Momentum

✅ Enhanced New Home HST Rebates Could Help Unlock Demand

✅ 2026 Expected to Become a “Reset & Recovery” Year

The report suggests the market is transitioning from correction toward gradual recovery. While high-rise condo supply remains elevated, improving affordability, lower mortgage rates, stable interest rate policy, and better consumer confidence are expected to support stronger housing activity into late 2026 and beyond.

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