Canadian Home Prices Across the Provinces in 2026, and Where They're Still Falling
Six months into 2026, Canada’s national average home price sat at $696,078, up a modest 0.5% year over year. That flat-looking national number is hiding two completely different provincial stories running at the same time, and knowing which one your target province is telling matters a lot more than the national figure does.
The provinces where prices are still sliding
Canadian home prices by province 2026 split cleanly into fallers and risers, and the two biggest, priciest markets are the ones still falling. British Columbia’s benchmark price sat at $887,100 in June 2026, down 0.8% year over year, with an average price of $946,878. Ontario’s benchmark was $753,300, down a sharper 2.4%, with an average of $831,595. Nova Scotia posted its first annual decline in over three years too, with a benchmark of $431,700, down 1.5%.
The provinces going the other way
Newfoundland and Labrador led the risers, up 6.1% to a $358,000 benchmark. Prince Edward Island rose 5.3% to $383,300. Quebec climbed 4.2% to $550,400, and Saskatchewan rose 3.9% to $385,900. Alberta and Manitoba both posted solid gains too, up 3.2% and 2.2% respectively, to benchmarks of $516,600 and $398,700.
Where the cheapest province to buy a house 2026 actually sits
On benchmark price, Saskatchewan and Newfoundland and Labrador are the two cheapest provinces in this data, both under $360,000 to $386,000 — well under half of Ontario’s benchmark and under half of British Columbia’s. New Brunswick’s benchmark came in at $342,600, up 5.9% year over year, making it the cheapest of the group with published figures.
Where house prices are falling in canada, at the city level
City-level averages carry more nuance and less reliable data. Montreal hit an all-time high of $689,908 in June 2026, up 5.0% year over year — a genuinely different trend from the provincial Quebec figure’s own gain, playing out even more sharply at the city level. Halifax fell 3.2% to $599,016, echoing Nova Scotia’s provincial decline. Quebec City rose 8.5% to $508,024. Saskatoon and Regina both rose too, up 6.0% and 7.0% respectively.
One caution worth carrying into any of this research yourself: some aggregator tables conflate city and provincial figures — a “Toronto” row that’s actually Ontario’s provincial average, or a “Vancouver” row that’s actually British Columbia’s. For genuinely reliable Toronto, Vancouver or Calgary city-level prices, go to that city’s own real estate board directly rather than a national aggregator.
The honest read on the trend
Prices are still down year over year in both BC and Ontario, but in both provinces the declines are shrinking rather than accelerating, which is a meaningfully different signal than a market still in freefall. Nothing here tells you whether now is the right time to buy in any specific city; a national or provincial average also says nothing about a specific neighbourhood, property type, or price bracket. What canadian home prices by province 2026 does tell you honestly is that “Canadian house prices” isn’t one story — it’s at least two, running in opposite directions depending on which province you’re actually looking at.
If a province’s price trend factors into your own planning, our Cost of Living guide lines these figures up alongside rent, tax and everyday spending in one place.