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Canada's Housing Market Just Showed Its Strongest Sign of Life in 2026

  July 6, 2026 May sales jumped 5.5% nationally, listings tightened, and prices broke back above $700,000 — here's what it actually means if you're buying or selling in Ontario. The headline: After the slowest start to a year in recent memory, Canadian home sales rose 5.5% from April to May 2026 — the first real sign of momentum this year, according to the Canadian Real Estate Association (CREA). What actually happened in May National home sales climbed 5.5% month-over-month in May, the strongest single-month gain of 2026 so far. New listings pulled back slightly, down 1%, and that combination tightened the national sales-to-new-listings ratio to 49.2%, up from 46.2% in April. For context, anything between 45% and 65% is generally considered a balanced market, so Canada has moved off the buyer-friendly end of that range and toward the middle. The national average home price came in at $702,079, up 1.5% year-over-year and the first time it has topped $700,000 in nearly two year...
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Trump's Appointees Criticize Trudeau and Canada's Border Security

In the wake of President-elect Donald Trump's victory, his appointees have been vocal in their criticism of Canadian Prime Minister Justin Trudeau and the country's border security measures. As Trump begins to fill key positions in his administration, many of his most loyal supporters, now landing top jobs, have expressed concerns about Canada's policies.

Mike Waltz, Trump's pick for national security adviser, has repeatedly criticized Trudeau on social media, particularly regarding his handling of issues related to China. Waltz has also commented on the upcoming Canadian election, predicting that Conservative Leader Pierre Poilievre will "send Trudeau packing in 2025" and start addressing what he calls the "progressive mess" in Canada.

Elise Stefanik, Trump's choice for ambassador to the United Nations, has also raised alarms about security at the Canadian border. As a member of the Northern Border Security Caucus, Stefanik has called for increased measures to combat human and drug trafficking, claiming that dangerous illegal immigrants are crossing the northern border in record numbers.

These criticisms highlight the potential for strained relations between the U.S. and Canada as Trump's administration takes shape. With key appointees focusing on border security and foreign policy, the future of Canada-U.S. relations remains uncertain.

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