Canada Housing Market | 2026 Home Prices

In November 2025, Canadian home prices fell 3.7% year-over-year, with single-family homes down 3.4%, townhouses 4.8%, and condos 5%. Sales declined 7.6% annually, while new listings rose 1.2%, maintaining a balanced market. Rental prices dropped 3.1% year-over-year amid rising supply and weakening demand. Interest rates stabilized, encouraging cautious buyer activity and modest regional market variations. Affordability challenges persist.

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