News Release RPS-Wahi House Price Index Shows Canadian Home Prices Hold Steady in August as Prairie Cities Buck the Trend TORONTO, ONT. —September 15, 2025 — Wahi, a leading Canadian real estate platform, and Real Property Solutions (RPS), Canada’s foremost provider of property valuation services, today released their monthly house price index for August 2025. According to the latest RPS-Wahi House Price Index — Canada’s most comprehensive and timely measure of home prices — national home price growth was flat year-over-year in August, mirroring July’s trend. Even as Toronto and Vancouver continue to be weighed down by weak condo markets, Quebec City, Winnipeg and Regina posted notable gains in home price growth. “The Canadian housing market in August was almost a mirror image of July in terms of pricing trends, although the pace of condo depreciation on an annual basis did slow slightly,” says RPS-Wahi Economist Ryan McLaughlin. “That said, condo inventory levels remain high in Toronto and Vancouver, and we would expect that needs to change before any meaningful turnaround in pricing trends.” Highlights from the August report include: 10 of 13 major Canadian cities posted annual price gains. Quebec City (+12%), Winnipeg (+10%) and Regina (+8%) led the pack, driven by a demand-supply imbalance and, in the case of Winnipeg and Regina, an increase in population growth that’s fueling persistent undersupply. Toronto, Vancouver and Hamilton home values fell 4% — largely due to ongoing condo market weakness and, in Hamilton’s case, potentially its exposure to U.S. steel tariffs. Detached and townhouse prices climbed just 1%, while semi-detached homes dipped 1% year over year, as condo values dropped 6% year-over-year, a slight improvement from the 7% drop in July. With the Bank of Canada expected to cut its overnight rate, some buyers may be waiting on the sidelines. While rate cuts won’t dramatically improve affordability, they could provide a boost to homebuyer confidence. You can access the full RPS-Wahi House Price Index report for August (and previous months), including detailed charts, here. RPS-Wahi economist Ryan McLaughlin is available to provide deeper insight into the index’s findings and what they could mean for the fall housing market. 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
