Detached home prices, which had shown resilience through September, stalled. Townhouse values slipped 1%, semi-detached homes dipped 2%, and condo prices dropped 6% year-over-year.<\/p>\n
\u201cWe saw more softness setting into the Canadian housing market at the national level this fall, with previously more resilient single-family home prices dipping,\u201d RPS-Wahi economist Ryan McLaughlin said.<\/p>\n
\u201cHowever, the national numbers mask surprising and sustained strength in certain regions,\u201d he added.<\/p>\n
Regional winners and laggards<\/p>\n
Quebec City and Winnipeg emerged as the country\u2019s hottest housing markets, each posting an 11% annual price gain in October.<\/p>\n
Recent Wahi research pointed to \u201crelative affordability and more favourable regional economic conditions\u201d as key drivers, while supply-side constraints \u2014 especially Quebec City\u2019s shift toward purpose-built rentals \u2014 have intensified competition for ownership housing.<\/p>\n","protected":false},"excerpt":{"rendered":"Detached home prices, which had shown resilience through September, stalled. Townhouse values slipped 1%, semi-detached homes dipped 2%,…\n","protected":false},"author":2,"featured_media":140235,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,47694,219,41237,111,139,69,95260],"class_list":["post-140234","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-canadian-housing-market","tag-economy","tag-home-prices","tag-new-zealand","tag-newzealand","tag-nz","tag-single-family-homes"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/140234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=140234"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/140234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/140235"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=140234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=140234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=140234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}