{"id":1009,"date":"2026-10-05T13:00:00","date_gmt":"2026-10-05T13:00:00","guid":{"rendered":"https:\/\/www.johnbraconnier.com\/blog\/2026\/10\/05\/canadian-housing-affordability-still-needs-improvement-your-go-to-realtor-for-edmonton-area-70\/"},"modified":"2026-10-05T13:00:00","modified_gmt":"2026-10-05T13:00:00","slug":"canadian-housing-affordability-still-needs-improvement-your-go-to-realtor-for-edmonton-area-70","status":"publish","type":"post","link":"https:\/\/www.johnbraconnier.com\/blog\/2026\/10\/05\/canadian-housing-affordability-still-needs-improvement-your-go-to-realtor-for-edmonton-area-70\/","title":{"rendered":"Canadian Housing Affordability Still Needs Improvement | Your Go To Realtor for Edmonton &amp; Area!"},"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\/john-braconnier\/canadian-home-prices-remotion-videos-5504\" 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>Housing affordability across Canada continues to be a major topic for families and individuals planning their next move. In Q2 2026, the national affordability reading reached around 41%, marking the 11th quarter in a row with some improvement. This progress has been driven by a combination of lower home prices, reduced borrowing costs, and stronger incomes. Still, even with about a 13-point improvement from the most challenging period, home ownership is taking up close to two-fifths of the average household\u2019s income, so it\u2019s understandable if it still feels out of reach for many.<\/p>\n<p>It\u2019s worth noting that these numbers are based on average disposable income, which doesn\u2019t always reflect what most households experience day-to-day. As someone who walks alongside clients through every stage of buying or selling, I see firsthand how these broad figures don\u2019t always match the reality families face, especially here in Edmonton. While economists point to easing rates and a significant price drop\u2014around 20% nationally since the 2022 peak\u2014the path forward still looks uncertain. If income growth remains slow and interest rate relief is limited, further home price adjustments might be on the horizon.<\/p>\n<p>For anyone weighing their next step, know that the landscape is shifting, and having honest, local expertise makes all the difference. Your needs and goals remain my top priority as we navigate these changes together.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Housing affordability across Canada continues to be a major topic for families and individuals planning their next move. In Q2 2026, the national affordability reading reached around 41%, marking the 11th quarter in a row with some improvement. This progress has been driven by a combination of lower home prices, reduced borrowing costs, and stronger [&hellip;]<\/p>\n","protected":false},"author":191,"featured_media":1010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.johnbraconnier.com\/blog\/wp-json\/wp\/v2\/posts\/1009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.johnbraconnier.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.johnbraconnier.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.johnbraconnier.com\/blog\/wp-json\/wp\/v2\/users\/191"}],"replies":[{"embeddable":true,"href":"https:\/\/www.johnbraconnier.com\/blog\/wp-json\/wp\/v2\/comments?post=1009"}],"version-history":[{"count":0,"href":"https:\/\/www.johnbraconnier.com\/blog\/wp-json\/wp\/v2\/posts\/1009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.johnbraconnier.com\/blog\/wp-json\/wp\/v2\/media\/1010"}],"wp:attachment":[{"href":"https:\/\/www.johnbraconnier.com\/blog\/wp-json\/wp\/v2\/media?parent=1009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.johnbraconnier.com\/blog\/wp-json\/wp\/v2\/categories?post=1009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.johnbraconnier.com\/blog\/wp-json\/wp\/v2\/tags?post=1009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}