“Several regions are now seeing that uptick in momentum carry into summer, as buyers who held back earlier in the year re-enter the market. In many cases, what has kept consumers on the sidelines is not a lack of interest, but a lack of urgency.”<\/p>\n
Greater Toronto and Greater Vancouver bore the steepest annual declines in Q2, falling 4.6% and 4.5% year over year to $1,101,700 and $1,164,100 respectively. However, both markets showed signs of stabilisation on a quarterly basis, with Toronto prices edging up 0.9% from Q1 2026.<\/p>\n
The Greater Montreal Area moved in the opposite direction, posting a 4.9% annual gain to $650,500.<\/p>\n
Quebec City led smaller markets with a 6.1% year-over-year increase, but recorded its first quarter-over-quarter price decline in more than three years \u2014 a sign that even the country’s hottest regional markets are not immune to the broader drag on consumer confidence.<\/p>\n
Soper noted that the narrowing price gap between Canada’s most expensive and most affordable cities is beginning to shift the calculus for first-time buyers and newcomers.<\/p>\n","protected":false},"excerpt":{"rendered":"“Several regions are now seeing that uptick in momentum carry into summer, as buyers who held back earlier…\n","protected":false},"author":2,"featured_media":526267,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,260298,199139,219,111,139,69,260297],"class_list":["post-526510","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-canada-home-prices","tag-canada-housing-market","tag-economy","tag-new-zealand","tag-newzealand","tag-nz","tag-royal-le-page"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/526510","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=526510"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/526510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/526267"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=526510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=526510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=526510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}