{"id":336080,"date":"2026-03-18T18:18:08","date_gmt":"2026-03-18T18:18:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/336080\/"},"modified":"2026-03-18T18:18:08","modified_gmt":"2026-03-18T18:18:08","slug":"canadas-housing-freeze-tightens-prices-slide-again","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/336080\/","title":{"rendered":"Canada\u2019s housing freeze tightens, prices slide again"},"content":{"rendered":"<p>The national MLS Home Price Index dipped 0.6% month over month and 4.8% year over year, extending a 15\u2011month decline and leaving prices 20% below their early\u20112022 peak.<\/p>\n<p>Inventory overhang weighs on Ontario and B.C.<\/p>\n<p>RBC said inventory sat at the equivalent of five months of sales \u2013 a six\u2011year high \u2013 keeping \u201cdownward pressure on prices in the coming months, especially in Ontario and B.C.\u201d<\/p>\n<p>Markets in those provinces \u201ccontinue to stand out for the wide selection of homes available to buyers,\u201d while offerings remained much tighter across most of the rest of the country.<\/p>\n<p>Price softness has\u00a0spread, RBC noted, with year\u2011over\u2011year declines in Toronto (\u20117.9%), Vancouver (\u20116.8%) and neighbouring regions including Mississauga, Hamilton\u2011Burlington, Niagara and the Fraser Valley, all down about 7%\u20138%.<\/p>\n<p>Edmonton\u2019s benchmark price fell 2.1% year over year, joining Victoria, the Okanagan Valley and Saint John in negative territory.<\/p>\n","protected":false},"excerpt":{"rendered":"The national MLS Home Price Index dipped 0.6% month over month and 4.8% year over year, extending a&hellip;\n","protected":false},"author":2,"featured_media":336081,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,180026,180028,219,111,139,69,180027],"class_list":["post-336080","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-canadas-housing-market","tag-canadian-home-sales","tag-economy","tag-new-zealand","tag-newzealand","tag-nz","tag-rbc-economics"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/336080","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=336080"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/336080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/336081"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=336080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=336080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=336080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}