Toronto, Vancouver expected to buck 2026 trend of higher house prices

Calling 2026 “a crucial reset year for Canada’s housing market,” the Royal LePage Market Survey Forecast predicts that the average price of a home in Canada is expected to rise to $823,016 in the fourth quarter of 2026. That figure includes single-family detached properties, which are expected to rise two per cent to $876,934, and condominiums, which are anticipated to decrease 2.5 per cent to $563,918.