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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