A housing market expert claims that there will be an economic slowdown in 2026

A housing market expert claims that there will be an economic slowdown in 2026 if the government does not provide tax relief or increased support for first home purchasers in order to encourage transactions in the real estate sector.

Stacy Eden, a qualified chartered accountant with RSM UK, notes that, due to multiple factors such as no real growth over the last three years, continuing increases in mortgage rates, and decreasing real wages, Year-over-Year sales were ~20% lower than last January.

Further, Eden states that because of inflation being a continuing issue as well as the current geopolitical instability affecting many countries, housing prices in the first half of 2026 will most likely continue to decline and new construction will be less financially viable, since the cost of regulatory compliance and planning approvals will remain high.

Eden also states that there is a great need for immediate action in the areas of Stamp Duty reform and providing targeted financial assistance programs for first time homebuyers in order to stimulate transactions within the industry and support the general housing and construction industries.

Read more here:
https://heyor.ca/rEgDtz

#HousingMarket2026 #EconomicSlowdown #TaxReliefNeeded #FirstHomeBuyers​