More Affordable Homes Emerging in Six Major Canadian Cities

April 16, 2026

Canada's national home price index fell 3% year-over-year in March 2026, a larger decline than earlier in the year. Six of 13 major metro areas, including Halifax, Hamilton, Toronto, Vancouver, Victoria, and Ottawa, now show annual price drops. Townhouses (-7%) and semi-detached homes (-4%) saw sharper declines than condos (-6%) and detached homes (-3%). Market outlook remains uncertain due to economic and geopolitical factors.

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Sol Kahane REALTOR

+1-416-576-6656

Right At Home Realty

Toronto, Ontario

My initial strategy is to take the time to understand what you need and what your goals are. Whether you are buying a home and need a REALTOR® to guide and protect you, or selling and want the highest price quickly, a great agent is the one who is always by your side to explain everything clearly so you're never in the dark. I have been involved in real estate just about my entire adult life...buying, selling, leasing and managing real estate in the Greater Toronto Area. And I'm very familiar with the range of emotions buyers and sellers go through because I also own residential and commercial properties as well as condos and have served as President of a condo corporation for two terms. Shoot me an email and I will send you my very own Buyers Guide. And if you're selling, ask for a copy of my Smart Seller System.

Which Homes Can You Afford?

See Your Options

How Much Is Your Home Worth?

Find My Home Value