Despite a promising start to the summer, buoyed by momentum from a late spring market, sales activity flatlined across most major markets in the third quarter, as a fresh round of tariffs on Canadian goods imposed by the United States created greater economic uncertainty, which kept many buyers on the sidelines.
According to the Royal LePage ® House Price Survey and Market Forecast recently released, the aggregate price of a home in Canada decreased a modest 0.8 per cent year over year to $810,000 in the third quarter of 2026. On a quarter-over-quarter basis, the national aggregate home price dipped 0.6 per cent.