No one can guarantee your condo’s price in 2027. To prepare a decision, test several scenarios and monitor your segment’s data. The scenarios below are a planning framework, with no assigned probabilities or price targets.
Key takeaways
- CMHC’s summer update, published July 22, 2026, anticipates gradual improvement in Canada’s housing market in 2027 and 2028, with continuing economic risks.
- These assumptions help prepare your options.
- An isolated median price does not describe your unit.
Context available in September 2026
CMHC’s summer update, published July 22, 2026, anticipates gradual improvement in Canada’s housing market in 2027 and 2028, with continuing economic risks. This national context is not a forecast for Brossard condos or an individual development.
Three possible situations
These assumptions help prepare your options. They are not CMHC’s official scenarios.
| Assumption | Signals to check | Decision to prepare |
|---|---|---|
| Stronger demand | Rising sales and a sustained decline in comparable active listings. | Buyer: ready financing and a clear limit. Seller: price based on sales, without extrapolating growth. |
| Relatively balanced market | Sales and supply move together; segment selling times change little. | Compare features, documents and terms for each offer. |
| More competition among sellers | More competing units and longer selling times over several periods. | Seller: allow time and review positioning. Buyer: compare total costs. |
Indicators to track together
An isolated median price does not describe your unit. Also track sales, listings and selling times for the same category and area. Compare equivalent periods to limit seasonal effects.
Within a development, record actually available units, their features and developer terms. An announced delivery alone does not measure effective resale competition.
Prepare a budget that works across outcomes
Buyer: test a higher payment and retain a reserve for condo expenses. Seller: compare net proceeds at several prices and with a longer selling period. No scenario should depend solely on future appreciation to work.
When should this analysis be revisited?
Revisit the framework when new comparable statistics or significant financing changes become available. For an imminent decision, use sales relevant to your unit and an updated budget.