A brokerage forecast said 10 of 12 major Canadian markets would post Late-Q4 2026 price gains, while Toronto and Vancouver were expected to keep falling.
Nationally, the aggregate home price was projected at ~$815.3K in Late-Q4 2026, ↑1% yearly from ~$807.2K, signaling a fragile recovery.
Quebec City was forecast to lead, with aggregate prices ↑12% yearly to ~$508K in Late-Q4 2026, driven by tight supply and steady demand.
Other expected gainers included Greater Montreal ↑5% to ~$672.7K, Ottawa ↑2% to ~$786.6K, Calgary ↑1.5% to ~$691.9K, plus several Prairie and Atlantic markets.
Early-Q1 2026 stayed weak: national aggregate prices ↓2% yearly but ↑0.7% from Late-Q4 2025, amid economic challenges, geopolitical uncertainty, cautious buyers, and tight prime-market inventory.
Toronto was forecast to ↓4.5% to ~$1.04M by Late-Q4 2026, while Vancouver was expected to ↓3.5%, highlighting an uneven Canadian housing rebound.