Canada's Housing Markets in August 2026: 11 Markets Compared
By the HousingPortal.ca team · Published September 27, 2026
In August 2026, the average home price was higher than a year earlier in 4 of the 11 markets we track and lower in 6. The biggest yearly gain was in Calgary (+4.3%), the biggest drop in Burlington (-7.2%). The most expensive market was Greater Vancouver, at an average of $1,215,516, and the least expensive Winnipeg, at $413,250. Sales were higher than a year earlier in 1 of the 11 markets and lower in 10. Of the 9 markets with a sales-to-listings reading, one leaned toward buyers, seven were balanced and one leaned toward sellers.
The Markets at a Glance
| Market | Average Price | Yearly Change | Sales | Yearly Change | Conditions | Report |
|---|---|---|---|---|---|---|
| Greater Toronto Area | $993,410 | -2.7% | 5,057 | -2.1% | Buyer's market | August 2026 |
| Waterloo Region | $723,196 | -0.9% | 480 | -11.1% | Balanced | August 2026 |
| Hamilton | $737,496 | -5.1% | 381 | -18.9% | Balanced | August 2026 |
| Burlington | $1,047,064 | -7.2% | 163 | -14.2% | Balanced | August 2026 |
| Montreal | $689,824 | +3.4% | 2,853 | -13.1% | Balanced | August 2026 |
| Quebec City | $489,295 | +1.5% | 677 | +6.3% | Seller's market | August 2026 |
| Greater Vancouver | $1,215,516 | -1.1% | 1,869 | -4.6% | Balanced | August 2026 |
| Nova Scotia | $467,585 | 0% | 997 | -7.1% | n/a | August 2026 |
| Edmonton | $469,602 | +1.8% | 2,143 | -9.8% | Balanced | August 2026 |
| Calgary | $638,440 | +4.3% | 1,660 | -16.4% | Balanced | August 2026 |
| Winnipeg | $413,250 | -1.2% | 1,186 | -6.5% | n/a | August 2026 |
Greater Toronto Area
In August 2026, the average home in the Greater Toronto Area sold for $993,410, down 2.7% from August 2025 and down 1% from July 2026. 5,057 homes sold, down 2.1% from August 2025. Over the last 12 months, sales ran at 37.5% of new listings, which points to a buyer's market (below 40%). Homes took 35 days on average to sell, 6.1% longer than a year earlier.
Biggest yearly price changes in the Greater Toronto Area
Up the most
- Leaside & Thorncliffe Park +46.9%, average $1,240,438 on 32 sales
- Willowdale West & Newtonbrook West +31.9%, average $1,107,287 on 59 sales
- Forest Hill South & Oakwood–Vaughan +20.5%, average $2,290,894 on 34 sales
Down the most
- Don Mills & Parkwoods–Donalda -24.5%, average $957,913 on 46 sales
- Bloor West Village & Baby Point -23.3%, average $930,945 on 41 sales
- Scarborough Village & Cliffcrest -20.2%, average $775,635 on 37 sales
Waterloo Region
In August 2026, the average home in Waterloo Region sold for $723,196, down 0.9% from August 2025 and up 1.4% from July 2026. 480 homes sold, down 11.1% from August 2025. Sales came to 54% of new listings, which points to a balanced market (between 40% and 60%). Homes took 36 days on average to sell, 12.5% longer than a year earlier.
Biggest yearly price changes in Waterloo Region
Hamilton
In August 2026, the average home in Hamilton sold for $737,496, down 5.1% from August 2025 and down 1.7% from July 2026. 381 homes sold, down 18.9% from August 2025. Sales came to 45% of new listings, which points to a balanced market (between 40% and 60%). Homes took 43 days on average to sell, 16.2% longer than a year earlier.
Full Hamilton report →Burlington
In August 2026, the average home in Burlington sold for $1,047,064, down 7.2% from August 2025 and up 0.1% from July 2026. 163 homes sold, down 14.2% from August 2025. Sales came to 59% of new listings, which points to a balanced market (between 40% and 60%). Homes took 41 days on average to sell, 5.1% longer than a year earlier.
Full Burlington report →Montreal
In August 2026, the average home in Montreal sold for $689,824, up 3.4% from August 2025 and down 0.6% from July 2026. 2,853 homes sold, down 13.1% from August 2025. Sales came to 49% of new listings, which points to a balanced market (between 40% and 60%). Single-family homes took 42 days on average to sell, 2.4% longer than a year earlier.
Biggest yearly price changes in Montreal
Up the most
- Saint-Jean-sur-Richelieu +10.5%, average $595,036 on 69 sales
- Laval +6.6%, average $650,826 on 255 sales
- South Shore of Montreal +5.8%, average $663,496 on 664 sales
Down the most
- Vaudreuil-Soulanges -1.4%, average $629,417 on 151 sales
Quebec City
In August 2026, the average home in Quebec City sold for $489,295, up 1.5% from August 2025 and down 0.6% from July 2026. 677 homes sold, up 6.3% from August 2025. Sales came to 64% of new listings, which points to a seller's market (above 60%). Single-family homes took 28 days on average to sell, 7.7% longer than a year earlier.
Biggest yearly price changes in Quebec City
Up the most
- South Shore of Quebec City +4.7%, average $465,595 on 166 sales
- Agglomeration of Quebec City +1.9%, average $486,588 on 442 sales
- Northern Periphery of Quebec City +1.4%, average $563,653 on 69 sales
Greater Vancouver
In August 2026, the average home in Greater Vancouver sold for $1,215,516, down 1.1% from August 2025 and unchanged from July 2026. 1,869 homes sold, down 4.6% from August 2025. Sales came to 12% of the homes for sale, between 12% and 20%, a balanced market by the board's measure.
Biggest yearly price changes in Greater Vancouver
Down the most
- Burnaby East -10.2%, benchmark $985,700 on 234 sales
- New Westminster -9.6%, benchmark $722,300 on 77 sales
- Port Coquitlam -8.5%, benchmark $840,300 on 60 sales
Nova Scotia
In August 2026, the average home in Nova Scotia sold for $467,585, unchanged from August 2025 and up 0.5% from July 2026. 997 homes sold, down 7.1% from August 2025.
Biggest yearly price changes in Nova Scotia
Up the most
- Cape Breton +15.3%, average $289,859 on 89 sales
- Highland Region +14.1%, average $367,859 on 41 sales
- Annapolis Valley +1.7%, average $394,019 on 159 sales
Down the most
- Halifax-Dartmouth -1.9%, average $592,675 on 441 sales
- Northern Nova Scotia -1.3%, average $332,251 on 144 sales
Edmonton
In August 2026, the average home in Edmonton sold for $469,602, up 1.8% from August 2025 and down 1.2% from July 2026. 2,143 homes sold, down 9.8% from August 2025. Sales came to 57% of new listings, which points to a balanced market (between 40% and 60%). Homes took 41 days on average to sell, 10.8% longer than a year earlier.
Biggest yearly price changes in Edmonton
Up the most
- Stony Plain +21.6%, average $478,439 on 35 sales
- City of Edmonton +1.9%, average $436,475 on 1,427 sales
Down the most
- Bonnyville -14.2%, average $338,395 on 30 sales
- Beaumont -0.3%, average $533,774 on 45 sales
Calgary
In August 2026, the average home in Calgary sold for $638,440, up 4.3% from August 2025 and up 1.4% from July 2026. 1,660 homes sold, down 16.4% from August 2025. Sales came to 53% of new listings, which points to a balanced market (between 40% and 60%). Homes took 41 days on average to sell, 7.9% longer than a year earlier.
Biggest yearly price changes in Calgary
Up the most
- Chestermere +16.7%, average $788,642 on 36 sales
- Bighorn Region +6.8%, average $1,266,990 on 40 sales
- Mountain View Region +3%, average $546,042 on 53 sales
Down the most
- Foothills Region -10%, average $714,015 on 116 sales
- Airdrie -5.2%, average $493,390 on 137 sales
- Rocky View Region -3.9%, average $838,976 on 152 sales
Winnipeg
In August 2026, the average home in Winnipeg sold for $413,250, down 1.2% from August 2025 and down 3.3% from July 2026. 1,186 homes sold, down 6.5% from August 2025.
Biggest yearly price changes in Winnipeg
Up the most
- City of Winnipeg +0.2%, average $415,442 on 794 sales
Down the most
- Outside Winnipeg -3.8%, average $408,809 on 392 sales
About These Figures
Every figure comes from the August 2026 report of each market's local real estate board: Toronto Regional Real Estate Board (TRREB) Market Watch, Cornerstone, QPAREB, GVR, NSAR, RAE, CREB and WRREB. Yearly changes compare with August 2025. An average price depends on which homes happened to sell, so it can swing from month to month; the areas listed above each had at least 30 sales. Greater Vancouver's areas are compared on the MLS® Home Price Index benchmark, which adjusts for the mix of homes sold.
Market conditions read the sales-to-new-listings ratio the way the Canadian Real Estate Association does: under 40% favours buyers, over 60% favours sellers. Greater Vancouver is read on sales against active listings, the board's own measure.