Royal LePage's third-quarter 2026 report shows the national aggregate home price down 0.8% year over year to $810,000 and down 0.6% from the second quarter, with the market described as flat. Single-family detached homes had a median price of $856,500 (down 0.5%) and condominiums $571,900 (down 1.5%). In the GTA, the aggregate home price fell 3.7% to $1,073,100, with detached homes down 2.8% and condos down 4.1%. Royal LePage forecasts the national aggregate price will rise 1% in Q4 2026 year over year, while the GTA will fall 2%. The Bank of Canada has held its overnight rate at 2.25%, but economists expect it to start raising rates again in the near future.
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