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2 clusters · 7 sources · 3 days · First seen · Last updated

Canadian residential real estate market trends

Overview

In September 2026, the Canadian residential real estate market showed signs of contraction in sales and construction activity. Residential sales in British Columbia fell approximately 9 per cent year-over-year, a figure representing a 26 per cent decrease from the 10-year monthly average. In the Montreal area, sales decreased by 11.6 per cent, though increased inventory and new listings were noted.

While the seasonally adjusted annual rate of housing starts rose by approximately 3 per cent to 248,896 units in September, actual construction remains weaker than the previous year. Year-to-date data indicates a 4 per cent decrease in total starts compared to the same period in 2025. Regional performance varied, with Vancouver seeing a rise in six-month trends while Montreal starts fell by 8 per cent. In Red Deer, single-family detached home starts fell 15 per cent compared to the previous year.

Entities

Montreal · Statistics Canada · Canada Mortgage and Housing Corporation · Vancouver · Quebec Professional Association of Real Estate Brokers

Timeline

  1. [BUSINESS] 3 sources
    Canada housing starts rise 3% in September despite annual decline

    Canada's housing starts rose 3% to an annual rate of 248,896 in September, though year-to-date construction remains down 4% compared to last year.

  2. [BUSINESS] 4 sources
    Canadian real estate sales decline in September

    Home sales declined in September across parts of Canada, with British Columbia seeing a 9 per cent drop amid interest rate speculation and Montreal reporting an 11.6 per cent year-over-year decrease.

Sources

canadanewsmedia.ca · edmonton.citynews.ca · europesays.com · narcity.com · todayinbc.com · vancouversun.com · winnipegfreepress.com