Canada Housing Market Report June 2026
The average house price in Canada is $696,078 (June 2026)
The national housing market in June 2026 showed signs of gradual stabilization amid ongoing affordability challenges. Home prices experienced modest corrections in some areas while sales activity picked up slightly from earlier in the year, supported by lower borrowing costs compared to recent peaks. Overall affordability improved for the ninth consecutive quarter in early 2026, with mortgage payments as a share of income declining, though levels remained elevated above long-term averages. Inventory rose in many regions, giving buyers more options, yet supply shortages persisted in tighter markets. Regional variations stood out sharply, with stronger price resilience in parts of Quebec and the Prairies contrasting with softer conditions in major urban centers like Toronto and Vancouver.
Housing Market in Major Canadian Cities – June 2026
| CANADA: AVERAGE HOUSE PRICES. JUNE 2026 | ||
| CITY | AVERAGE HOUSE PRICE | Y/Y % Change |
| CANADA | $696,078 | 0.5 |
| Calgary | $576,200 | -0.8 |
| Edmonton | $423,900 | -2.1 |
| Halifax | $561,300 | -1.4 |
| Montreal | $596,300 | 3.6 |
| Ottawa | $632,200 | -1.3 |
| Quebec City | $444,600 | 6.5 |
| Saskatoon | $448,400 | 4.4 |
| Toronto | $940,800 | -5.4 |
| Vancouver | $1,099,100 | -6.0 |
| Winnipeg | $403,200 | 3.8 |
| Source: CREA 2026 | ||
