RPS-Wahi House Price Index June 2025 The RPS-Wahi House Price Index was up 1% on a year-over-year basis in June, but three major Canadian markets continue to lag the others. Most Recent Report Canadian Home Prices Stabilize as Major Markets Remain in a Slump July 16, 2025 The RPS-Wahi House Price Index was up 1% on a year-over-year basis in June, but three major Canadian markets continue to lag the others. Read now 2025 June Key Insights At the national level, the RPS-Wahi House Price Index increased by 1% on a year-over-year basis, according to Wahi, RPS’s official partner in presenting the index. That represents represents the smallest annual rate of growth in any month since August of 2023. While the pace of annual growth in Canadian home prices slowed slightly in June, performance varied considerably by housing type and local market. The June gains were supported by growth in single-family home values, particularly detached homes and row/townhouse, up 3% and 2% relative to the same time last year. Sluggish conditions persist in major condo markets, particularly in Toronto and Vancouver, which have been holding back the pace of growth at the national level. Previous House Price Index Reports Home Prices Already Falling in Some of Canada’s Most Tariff-Sensitive Markets view report Canadian Home Prices Levelling off as Condo Market Matches 20-Year Low view report Canadian Home Price Growth Eases in April view report Canadian Home Prices Rise 3% in March view report explore more reports Methodology The RPS-Wahi Home Price Index is the most comprehensive source for house price data in Canada and includes the median house price dollar values and extensive additional data by property type from a national to the local level. Long-Term Price Trends The RPS-Wahi House Price Index is based on the latest monthly actual home values in 1,000 towns and cities across the country. The index shows how property values have changed over time, relative to a base period (Jan. 2005 = 100). An HPI value of 300 means property values have tripled (on a smoothed, adjusted basis) since 2005.h The HPI does not indicate the actual price of a property. It demonstrates how prices have moved relative to the base period. Market Momentum A rising index indicates an upward price trend. A falling index suggests price softening or correction. Since the HPI smooths noise and filters out outliers, it gives a more stable, reliable picture of pricing trends than monthly medians.e The HPI is based on an up-to-six-month rolling average, so it does not reflect short-term volatility, such as one-off surges in prices from luxury sales. For more information, the complete methodology is available here. News Media Contact Kristin Doucet Managing Editor Tel: 877-207-4273E-mail: pr@wahi.com
