Canada’s housing markets show persistent regional splits

When it comes to understanding Canada’s housing landscape, regional differences continue to shape the story. Drawing from over two decades in consulting and a master’s in business, I pay close attention to how these patterns play out, particularly in the Greater Vancouver area. This month, we’re seeing Toronto’s recovery lose momentum as prices fall, while Ottawa’s market edges up in value. In BC, the decline in prices has slowed, hinting at a possible shift, even as affordability remains a concern in cities like Montreal. Meanwhile, Calgary and Edmonton are cooling slightly but still see support from robust population growth. Each market tells its own story—careful analysis helps us navigate these ongoing changes.