News Release RPS-Wahi HPI: Canadian Home Prices Fall 3% as Economic Uncertainty Weighs on Market TORONTO, ONT. —July 13, 2026 — We’re pleased to share the latest national housing data from Wahi and Real Property Solutions (RPS), offering timely insight for anyone covering Canadian real estate trends. Wahi, a leading Canadian real estate platform, and Real Property Solutions (RPS), the foremost Canadian provider of property valuation services, today released their June 2026 House Price Index. According to the latest index — Canada’s most comprehensive and timely measure of home prices — national home prices declined by 3% on a year-over-year basis in June. That represents a slight improvement from the 4% annual decline recorded in May but is broadly consistent with the pricing weakness observed throughout the first half of 2026. Despite a relatively friendly interest rate environment, Canada’s housing market continued to sputter through the spring and into the summer. Unlike in previous market cycles, lower borrowing costs have yet to trigger a meaningful increase in sales or home prices. “With interest rates low and stable for some time now, a market turnaround may have been expected, but it seems that economic uncertainty is keeping more homebuyers on the sidelines,” says RPS-Wahi Economist Ryan McLaughlin. RPS-Wahi data also shows that home prices have declined in 12 of the Canadian housing markets most exposed to tariffs, suggesting broader economic concerns remain a significant headwind. While most regions continue to experience price softness, some relatively affordable markets are bucking the national trend. Quebec City and Montreal continue to post strong annual gains, while Saskatoon and Winnipeg are also seeing meaningful price growth amid ongoing supply constraints. Highlights from the June report include: The national RPS-Wahi House Price Index declined 3% year over year in June, easing slightly from May’s 4% annual decline. Seven of 13 major markets remain in negative territory, including Calgary (-1%), Ottawa (-3%), Halifax (-4%), Vancouver (-4%), Victoria (-6%), Hamilton (-8%) and Toronto (-8%). Quebec City continued to lead the major markets, with prices rising 10% year-over-year, followed by Montreal at 7%. Saskatoon and Winnipeg each recorded annual price growth of 5%, supported by relative affordability and limited housing supply. Pricing momentum has levelled off elsewhere in the Prairies, with Edmonton up 1%, and Regina unchanged from a year ago. Multi-family homes remain the fastest-depreciating property types, with condo prices down 7% and row/townhouse prices down 8% annually. Detached and semi-detached home prices declined by 3% and 4%, respectively. You can access the full RPS-Wahi House Price Index for June 2026, including detailed charts, here. RPS-Wahi Economist Ryan McLaughlin is available to discuss what the latest data signals about economic uncertainty, regional market disparities and the outlook for Canada’s housing market during the summer. About the Index: The RPS-Wahi House Price Index data covers 1,000+ cities and towns across Canada, making it one of the most current and comprehensive indicators available. It includes the median house price dollar values and extensive additional data by property type from a national to the local level. About Real Property Solutions RPS is a leading national appraisal management company in Canada with a network of over 3,500 appraisers providing property valuation services to major financial institutions across the country. RPS is also the foremost provider of residential data solution services including the RPS House Price Index, RPS Automated Valuation Model (AVM), Portfolio Valuation Services, and the Collateral Assessment Review (CAR). About Wahi Wahi is a digital real estate platform that redefines the homebuying experience by putting more power into consumers’ hands by combining cutting-edge tech and market data with expert REALTORS®. News Media Contacts: Kristin Doucet Wahi Tel: 877-207-4273 Kristin.Doucet@wahi.com Go To Press Release
