Comparing Home Prices Across Canadian Provinces

Run a search for home prices across Canadian provinces compared and you’ll land on tables that quietly mix up cities and provinces — more on that below — which makes it worth doing this properly, with real June 2026 numbers, rather than trusting the first table Google hands you.

The national number, and why it hides everything interesting

Canada’s average home price sat at $696,078 in June 2026, up a modest 0.5% year-over-year. That single figure is almost useless on its own, because it blends a country where the cheapest and most expensive provinces are more than $570,000 apart.

Average house price Canada by province 2026

At the top: British Columbia averaged $946,878, though its benchmark price — a steadier measure that strips out swings from expensive one-off sales — sat lower at $887,100, down 0.8% year-over-year. Ontario followed at $831,595 average, benchmark $753,300, down 2.4%. From there prices drop sharply: Quebec averaged $568,942 (benchmark up 4.2%), Alberta $541,778 (benchmark up 3.2%), Nova Scotia $481,384 (down 1.5%, its first annual decline in over three years), Manitoba $424,251, PEI $410,105, and at the more affordable end, Newfoundland and Labrador at $375,334 and Saskatchewan at $375,223 — practically tied, and both under a third of British Columbia’s number for the same month.

Montreal vs Halifax vs Saskatoon home prices

City-level figures tell a different story than provincial averages. Montreal vs Halifax vs Saskatoon home prices in June 2026: Montreal hit an all-time high of $689,908, up 5.0% year-over-year — a genuinely hot market despite Quebec’s relatively affordable provincial average. Halifax sat at $599,016, down 3.2% from a year earlier. Saskatoon came in at $446,853, up 6.0%, and Regina — among the cheapest cities with reliable data — averaged $378,028, up 7.0%.

A warning about Toronto, Vancouver and Calgary

Here’s the catch worth flagging before anyone builds a budget around a table found online: several widely shared city-price tables have actually listed Ontario’s and BC’s provincial averages under “Toronto” and “Vancouver,” conflating the two. Treat any Toronto, Vancouver or Calgary city-level figure from a generic aggregator with real suspicion, and go to the local real estate board directly — TRREB for Toronto, Greater Vancouver’s board for Vancouver, CREB for Calgary — for numbers that are actually about the city rather than the whole province.

So where are the cheapest Canadian cities to buy a house?

Among cities with reliable, city-specific June 2026 data, Regina and Saskatoon sit at the affordable end, both comfortably under $450,000 — a fraction of British Columbia’s provincial average and less than half of Montreal’s. Cheapest canadian cities to buy a house is a moving target rather than a fixed list, since these numbers shift monthly, but the Prairie cities are consistently the ones worth a serious look for anyone whose main goal is homeownership sooner rather than later.

The trend underneath the numbers

Zoom out, and 2026 reads as a market catching its breath: benchmark prices are still down year-over-year in British Columbia and Ontario, the country’s two priciest markets, while Quebec, Alberta, the Prairies and most of Atlantic Canada are posting gains — Nova Scotia is the outlier, posting its first annual decline in over three years. Home prices across Canadian provinces compared isn’t really one national story; it’s ten regional ones running at different speeds, and which one applies to you depends entirely on where you’re actually planning to land.