{"id":89,"date":"2026-10-08T09:00:00","date_gmt":"2026-10-08T09:00:00","guid":{"rendered":"https:\/\/www.donnamalonehomes.com\/blog\/?p=89"},"modified":"2026-10-08T09:00:00","modified_gmt":"2026-10-08T09:00:00","slug":"canada-home-prices-hit-their-lowest-since-2023","status":"publish","type":"post","link":"https:\/\/www.donnamalonehomes.com\/blog\/2026\/10\/08\/canada-home-prices-hit-their-lowest-since-2023\/","title":{"rendered":"Canada Home Prices Hit Their Lowest Since 2023"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/donna-malone\/canadian-home-prices-remotion-videos-1941\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>It\u2019s been a notable few months for the Canadian real estate market. The latest national index, tracking 11 major cities, slipped by less than 0.5% month-over-month, making this the eighth drop in nine months and erasing the brief gains we saw earlier. Prices across Canada are now at their lowest since early Q2 2023\u2014about 4% below the late Q4 2025 peak reached less than a year ago. That early-year rebound didn\u2019t last, with the adjusted measure down almost 0.5%, marking its first decline in half a year despite earlier support from employment and affordability. Year-over-year, losses have deepened to about 4% nationwide, with Vancouver, Hamilton, and Toronto seeing the largest declines, while Quebec City, Montreal, and Winnipeg have managed to post gains. As we move forward, rising bond yields are expected to push up new mortgage costs, which could limit borrowing power and put further pressure on affordability, especially as home sales start to dip again. As someone who\u2019s spent over a decade helping clients navigate these shifts, I know how crucial it is to stay informed and make confident decisions in changing conditions.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s been a notable few months for the Canadian real estate market. The latest national index, tracking 11 major cities, slipped by less than 0.5% month-over-month, making this the eighth drop in nine months and erasing the brief gains we saw earlier. Prices across Canada are now at their lowest since early Q2 2023\u2014about 4% [&hellip;]<\/p>\n","protected":false},"author":115,"featured_media":90,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-89","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.donnamalonehomes.com\/blog\/wp-json\/wp\/v2\/posts\/89","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.donnamalonehomes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.donnamalonehomes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.donnamalonehomes.com\/blog\/wp-json\/wp\/v2\/users\/115"}],"replies":[{"embeddable":true,"href":"https:\/\/www.donnamalonehomes.com\/blog\/wp-json\/wp\/v2\/comments?post=89"}],"version-history":[{"count":1,"href":"https:\/\/www.donnamalonehomes.com\/blog\/wp-json\/wp\/v2\/posts\/89\/revisions"}],"predecessor-version":[{"id":91,"href":"https:\/\/www.donnamalonehomes.com\/blog\/wp-json\/wp\/v2\/posts\/89\/revisions\/91"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.donnamalonehomes.com\/blog\/wp-json\/wp\/v2\/media\/90"}],"wp:attachment":[{"href":"https:\/\/www.donnamalonehomes.com\/blog\/wp-json\/wp\/v2\/media?parent=89"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.donnamalonehomes.com\/blog\/wp-json\/wp\/v2\/categories?post=89"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.donnamalonehomes.com\/blog\/wp-json\/wp\/v2\/tags?post=89"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}