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Conditions are diverging across Canada's largest housing markets, report finds

October 09, 2026

Canada's housing market shows regional disparities amid economic challenges and renewed U.S. trade tensions. Most markets saw home resale declines and easing prices, notably in Ontario, Vancouver, and Montreal. Toronto's brief recovery faltered, while Montreal's rising inventory curbed price growth. Vancouver remains in correction with high inventory, whereas Calgary's market stayed stable but varied by housing type. Nationally, some pent-up demand may emerge if affordability and economic conditions improve.

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Janet Herron

Janet Herron

eXp Realty

+1-250-486-1907

Penticton, British Columbia

Creating happy clients is at the heart of everything I do. As a full-service REALTOR® serving the South Okanagan, I am passionate about helping buyers and sellers achieve their rea...

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How Much Is Your Home Worth?
Find My Home Value