Canadian home prices fall to lowest level since April 2023: report
Prices have fallen 4.2 per cent since their peak in November 2025, to their lowest level since April 2023.
Vancouver fell 1.6 percent from July, the steepest monthly drop among the composite markets, according to the index.
Halifax fell 0.6 percent, Winnipeg and Hamilton each fell 0.3 percent, Ottawa-Gatineau fell 0.15 percent, and Edmonton fell 0.1 percent.
Prices rose in Victoria, up 0.5 percent, Quebec City and Toronto, each up 0.4 percent, Montreal, up 0.3 percent, and Calgary, up 0.2 percent.
Among the 20 metropolitan areas outside the composite with August data, 10 declined, the report states.
