Home prices up 2.2% year-over-year as April sales cool, CREA reports — slide 1 of 6

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Home prices up 2.2% year-over-year as April sales cool, CREA reports

May 19, 2026

Home sales in Canada fell year-over-year in April, while the average sale price rose to $695,412, a 2.2% increase. Sales edged up 0.7% from March on a seasonally adjusted basis. Global economic uncertainty and higher mortgage rates are expected to keep the housing market rebound muted, though some upward momentum remains.

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