Heddle Real Estate - Royal LePage State Realty Brokerage

By Spencer Rioux
Posted Monday, Oct 19, 2026 9:43 am

Conditions support a housing market recovery, but uncertainty stalls momentum

Strong housing market fundamentals not enough to bring buyers back to the table

Third quarter highlights:

In the third quarter of 2026, the national aggregate home price decreased 0.8% year over year; down 0.6% compared to the second quarter.
The Greater Toronto and Vancouver markets recorded year over year declines of 3.7% and 4.0%, respectively, in Q3. Prices continue to stabilize on a quarterly basis.
The Greater Montreal Area recorded an increase of 2.9% year over year; modest uptick of 0.5% over Q2.
Regional markets across the Prairie provinces proved to be more stable, resilient this summer.
Ongoing trade tensions with the U.S. continue to weigh on consumer confidence, keeping many Canadian homebuyers on the sidelines.

TORONTO, October 15, 2026 – 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...[READ MORE]

Shared by the Heddle Real Estate team

Heddle Real Estate is an award-winning real estate team serving Hamilton, Ancaster, Stoney Creek, and the greater Niagara region with trusted expertise and a client-first approach.