Canada's Housing Markets in October 2026: 13 Markets Compared
By the HousingPortal.ca team · Published November 13, 2026
In October 2026, the average home price was higher than a year earlier in 4 of the 13 markets we track and lower in 9. The biggest yearly gain was in Quebec City (+4.1%), the biggest drop in Hamilton (-7.8%). The most expensive market was Greater Vancouver, at an average of $1,226,143, and the least expensive Winnipeg, at $431,648. Sales were lower than a year earlier in all 13 markets. Of the 11 markets with a sales-to-listings reading, two leaned toward buyers, eight 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 | $1,024,108 | -2.7% | 5,603 | -7.9% | Buyer's market | October 2026 |
| Waterloo Region | $725,287 | -0.4% | 507 | -11.4% | Balanced | October 2026 |
| Hamilton | $724,021 | -7.8% | 424 | -7.6% | Balanced | October 2026 |
| Burlington | $1,051,747 | +2% | 178 | -5.3% | Balanced | October 2026 |
| Ottawa | $678,512 | -4.5% | 1,048 | -10.7% | Balanced | October 2026 |
| London | $601,289 | -0.6% | 557 | -7.5% | Buyer's market | October 2026 |
| Montreal | $681,957 | -0.4% | 3,252 | -17.7% | Balanced | October 2026 |
| Quebec City | $497,458 | +4.1% | 866 | -15.8% | Seller's market | October 2026 |
| Greater Vancouver | $1,226,143 | -3.1% | 2,024 | -10.2% | Balanced | October 2026 |
| Nova Scotia | $450,887 | -2.9% | 885 | -17.6% | n/a | October 2026 |
| Edmonton | $457,641 | +0.5% | 1,882 | -8.3% | Balanced | October 2026 |
| Calgary | $640,769 | -0.4% | 1,592 | -15.3% | Balanced | October 2026 |
| Winnipeg | $431,648 | +3.9% | 1,096 | -8.5% | n/a | October 2026 |
Greater Toronto Area
In October 2026, the average home in the Greater Toronto Area sold for $1,024,108, down 2.7% from October 2025 and up 1.7% from September 2026. 5,603 homes sold, down 7.9% from October 2025. Over the last 12 months, sales ran at 37.9% of new listings, which points to a buyer's market (below 40%). Homes took 31 days on average to sell.
Biggest yearly price changes in the Greater Toronto Area
Up the most
- Forest Hill South & Oakwood–Vaughan +40.8%, average $1,835,751 on 62 sales
- High Park & South Parkdale +13.2%, average $1,269,569 on 51 sales
- Bedford Park & Lawrence Manor +13.1%, average $2,202,807 on 62 sales
Down the most
- The Kingsway & Central Etobicoke -22.8%, average $1,053,537 on 115 sales
- Agincourt & Malvern West -15.9%, average $698,435 on 54 sales
- Innisfil -14.4%, average $800,697 on 40 sales
Waterloo Region
In October 2026, the average home in Waterloo Region sold for $725,287, down 0.4% from October 2025 and up 3% from September 2026. 507 homes sold, down 11.4% from October 2025. Sales came to 49% of new listings, which points to a balanced market (between 40% and 60%). Homes took 31 days on average to sell.
Biggest yearly price changes in Waterloo Region
Hamilton
In October 2026, the average home in Hamilton sold for $724,021, down 7.8% from October 2025 and up 1.4% from September 2026. 424 homes sold, down 7.6% from October 2025. Sales came to 43% of new listings, which points to a balanced market (between 40% and 60%). Homes took 40 days on average to sell, 2.6% longer than a year earlier.
Full Hamilton report →Burlington
In October 2026, the average home in Burlington sold for $1,051,747, up 2% from October 2025 and down 2.6% from September 2026. 178 homes sold, down 5.3% from October 2025. Sales came to 55% of new listings, which points to a balanced market (between 40% and 60%). Homes took 32 days on average to sell, 23.8% quicker than a year earlier.
Full Burlington report →Ottawa
In October 2026, the average home in Ottawa sold for $678,512, down 4.5% from October 2025 and down 1% from September 2026. 1,048 homes sold, down 10.7% from October 2025. Sales came to 44% of new listings, which points to a balanced market (between 40% and 60%). Half of the homes sold within 25.5 days, 2% longer than a year earlier.
Full Ottawa report →London
In October 2026, the average home in London sold for $601,289, down 0.6% from October 2025 and down 1.7% from September 2026. 557 homes sold, down 7.5% from October 2025. Sales came to 39% of new listings, which points to a buyer's market (below 40%). Half of the homes sold within 29 days.
Biggest yearly price changes in London
Up the most
- City of London +0.2%, average $596,951 on 380 sales
Down the most
- Middlesex -10.7%, average $658,064 on 36 sales
- St. Thomas -7.4%, average $513,697 on 51 sales
Montreal
In October 2026, the average home in Montreal sold for $681,957, down 0.4% from October 2025 and down 0.2% from September 2026. 3,252 homes sold, down 17.7% from October 2025. Sales came to 52% of new listings, which points to a balanced market (between 40% and 60%). Single-family homes took 36 days on average to sell, 2.7% quicker than a year earlier.
Biggest yearly price changes in Montreal
Up the most
- Vaudreuil-Soulanges +6.5%, average $623,529 on 140 sales
- North Shore of Montreal +4.6%, average $608,085 on 726 sales
- South Shore of Montreal +2.2%, average $649,078 on 749 sales
Down the most
- Saint-Jean-sur-Richelieu -7.2%, average $601,206 on 81 sales
- Island of Montreal -4.1%, average $767,987 on 1,199 sales
- Laval -1.9%, average $653,468 on 357 sales
Quebec City
In October 2026, the average home in Quebec City sold for $497,458, up 4.1% from October 2025 and down 2.6% from September 2026. 866 homes sold, down 15.8% from October 2025. Sales came to 72% of new listings, which points to a seller's market (above 60%). Single-family homes took 23 days on average to sell, 4.5% longer than a year earlier.
Biggest yearly price changes in Quebec City
Up the most
- South Shore of Quebec City +8.7%, average $461,822 on 216 sales
- Northern Periphery of Quebec City +5.4%, average $552,103 on 98 sales
- Agglomeration of Quebec City +3.4%, average $501,701 on 552 sales
Greater Vancouver
In October 2026, the average home in Greater Vancouver sold for $1,226,143, down 3.1% from October 2025 and up 0.1% from September 2026. 2,024 homes sold, down 10.2% from October 2025. Sales came to 13% 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
- New Westminster -8.8%, benchmark $707,200 on 81 sales
- Maple Ridge -8.4%, benchmark $864,000 on 146 sales
- Richmond -8.3%, benchmark $998,300 on 251 sales
Nova Scotia
In October 2026, the average home in Nova Scotia sold for $450,887, down 2.9% from October 2025 and down 2.7% from September 2026. 885 homes sold, down 17.6% from October 2025.
Biggest yearly price changes in Nova Scotia
Up the most
- South Shore +0.8%, average $410,502 on 94 sales
- Halifax-Dartmouth +0.7%, average $606,656 on 400 sales
Down the most
- Northern Nova Scotia -7.5%, average $278,641 on 138 sales
- Annapolis Valley -2.7%, average $375,674 on 118 sales
- Cape Breton -1.6%, average $254,196 on 91 sales
Edmonton
In October 2026, the average home in Edmonton sold for $457,641, up 0.5% from October 2025 and down 1.8% from September 2026. 1,882 homes sold, down 8.3% from October 2025. Sales came to 58% of new listings, which points to a balanced market (between 40% and 60%). Homes took 43 days on average to sell, 7.5% longer than a year earlier.
Biggest yearly price changes in Edmonton
Down the most
- City of Edmonton -1%, average $425,348 on 1,256 sales
Calgary
In October 2026, the average home in Calgary sold for $640,769, down 0.4% from October 2025 and down 0.9% from September 2026. 1,592 homes sold, down 15.3% from October 2025. Sales came to 54% of new listings, which points to a balanced market (between 40% and 60%). Homes took 43 days on average to sell.
Biggest yearly price changes in Calgary
Up the most
- Bighorn Region +18.2%, average $1,132,826 on 47 sales
- Foothills Region +15.5%, average $822,233 on 103 sales
- Chestermere +6.3%, average $746,853 on 49 sales
Down the most
- Rocky View Region -9.9%, average $925,350 on 118 sales
- Mountain View Region -6%, average $493,596 on 46 sales
- Wheatland Region -5.8%, average $485,722 on 30 sales
Winnipeg
In October 2026, the average home in Winnipeg sold for $431,648, up 3.9% from October 2025 and up 0.5% from September 2026. 1,096 homes sold, down 8.5% from October 2025.
Biggest yearly price changes in Winnipeg
Up the most
- City of Winnipeg +6.3%, average $436,223 on 770 sales
Down the most
- Outside Winnipeg -1.6%, average $420,843 on 326 sales
About These Figures
Every figure comes from the October 2026 report of each market's local real estate board: Toronto Regional Real Estate Board (TRREB) Market Watch, Cornerstone, OREB, LSTAR, QPAREB, GVR, NSAR, RAE, CREB and WRREB. Yearly changes compare with October 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.