US EditionHome prices expected to tick higher in 2026 amid market ‘reset’: Royal LePage report
Royal LePage projects a 1% increase in national home prices in 2026 amid lower borrowing costs, increased supply, and reduced buyer competition, with mixed outcomes across regions.
- On Dec. 9, 2025, Royal LePage forecasted a one per cent year-over-year rise in the national aggregate home price for Q4 2026 as the market is primed for a reset.
- With borrowing costs easing, Royal LePage said lower borrowing costs, increased supply, and reduced competition have created a more favourable environment for buyers.
- Quebec City is poised to top regional gains with a 12 per cent increase to $501,984, Montreal’s market is forecast to rise five per cent to $676,725, while Vancouver area faces a 3.5 per cent decline to $1,147,868.
- Royal LePage admitted it misjudged 2025, delaying the rebound and setting back first‑time homebuyers.
- The report notes 2025’s political and economic uncertainty, including the trade war with the U.S. and change in federal leadership, while a gradual summer thaw and a renewed Canada‑U.S. trade deal could boost 2026 activity.
14 Articles
14 Articles
Winnipeg Free Press
Home prices expected to tick higher in 2026 amid market 'reset': Royal LePage report
Breaking News, Sports, Manitoba, Canada
Canada's housing market poised for a reset in 2026, with modest price growth and increased activity
Improved affordability expected to draw Canadians back into the market through 2026 Highlights: Royal LePage® is forecasting the aggregate price of a home in Canada will increase 1.0% year over year in the fourth
Thus, nationally, the price of detached single-family homes is expected to increase by 2.0% year-on-year in the fourth quarter of 2026, while that of condominiums is expected to decrease by 2.5% over the same period. Royal LePage also says that "property prices are expected to increase in 2026 in the country's major markets." This is the case in Winnipeg. In Winnipeg, the price of a property aggregate is expected to increase by 1.5% in the fourt…
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