Where Home Prices Are Rising and Falling in Canada

Across the 105 areas with at least 30 sales in our latest reports, prices were higher than a year earlier in 34 of the 105 areas and lower in 70. The biggest rise was in Forest Hill South & Oakwood–Vaughan (Greater Toronto Area), +40.8%, and the biggest drop in The Kingsway & Central Etobicoke (Greater Toronto Area), -22.8%. Market by market, the average price was higher than a year earlier in 5 of the 13 markets and lower in 8.

By the HousingPortal.ca team · Data: every board's latest report, October 2026 · Updated

Biggest price increases

Forest Hill South & Oakwood–VaughanGreater Toronto Area$1,835,751+40.8%62
Bighorn RegionCalgary$1,132,826+18.2%47
Foothills RegionCalgary$822,233+15.5%103
High Park & South ParkdaleGreater Toronto Area$1,269,569+13.2%51
Bedford Park & Lawrence ManorGreater Toronto Area$2,202,807+13.1%62
Leaside & Thorncliffe ParkGreater Toronto Area$1,498,487+13%38
Strathroy-CaradocLondon$669,705+11.4%31
Davisville Village & Midtown TorontoGreater Toronto Area$1,060,985+9.5%59
South Shore of Quebec CityQuebec City$461,822+8.7%216
Newtonbrook East & Willowdale EastGreater Toronto Area$983,473+8.3%77

Biggest price drops

The Kingsway & Central EtobicokeGreater Toronto Area$1,053,537-22.8%115
Highland RegionNova Scotia$297,671-17.3%43
Agincourt & Malvern WestGreater Toronto Area$698,435-15.9%54
InnisfilGreater Toronto Area$800,697-14.4%40
The Annex & YorkvilleGreater Toronto Area$1,599,139-14.1%70
Moore Park & RosedaleGreater Toronto Area$3,087,859-13.9%36
Keelesdale & Eglinton WestGreater Toronto Area$818,465-13.9%32
Kingsview Village-The Westway & RichviewGreater Toronto Area$889,530-13.7%33
South ShoreNova Scotia$440,308-12%99
BramptonGreater Toronto Area$825,183-11.7%435

By market

Quebec City+4.1%October 2026
Winnipeg+3.9%October 2026
Burlington+2%October 2026
Nova Scotia+1.2%September 2026
Edmonton+0.5%October 2026
Waterloo Region-0.4%October 2026
Montreal-0.4%October 2026
Calgary-0.4%October 2026
London-1.9%September 2026
Greater Toronto Area-2.7%October 2026
Greater Vancouver-3.1%October 2026
Ottawa-4.5%October 2026
Hamilton-7.8%October 2026

Yearly change: the price against the same month a year earlier. Areas are the finest level each board reports with at least 30 sales in the month, so a region and its own towns are not both listed. Greater Vancouver's areas are measured by the MLS® benchmark price, the others by average sale price. Each market links to its full report.

Canada Housing Market: Quick Answers

Where are home prices falling in Canada?

The biggest yearly drops in the areas we track: The Kingsway & Central Etobicoke, Greater Toronto Area (-22.8%); Highland Region, Nova Scotia (-17.3%); Agincourt & Malvern West, Greater Toronto Area (-15.9%).

Where are home prices rising in Canada?

The biggest yearly rises in the areas we track: Forest Hill South & Oakwood–Vaughan, Greater Toronto Area (+40.8%); Bighorn Region, Calgary (+18.2%); Foothills Region, Calgary (+15.5%).

More rankings

The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.