Canada’s housing markets show persistent regional splits

We’re seeing some interesting shifts across Canada’s housing markets right now, with clear differences from region to region. Toronto’s recent momentum has slowed, and prices there are on the decline. Meanwhile, Ottawa is seeing prices edge upward. Out west, price drops in British Columbia are tapering off, while Montreal continues to contend with ongoing affordability challenges. Calgary and Edmonton are experiencing a bit of a cooldown, but the strong population growth in those cities is still supporting their markets. As someone who works closely with buyers and sellers in diverse neighborhoods—from North Vancouver and Burnaby to downtown Vancouver and beyond—I’m always tracking how these trends might shape local opportunities. Every market tells a different story, and understanding these nuances is key to making informed decisions.