The RPS-Wahi House Price Index was up 1% year-over-year in May, but growth in home values is moderating as tariffs and the condo downturn take a toll.

Home prices in several Canadian cities with export-reliant economies declined or flattened in May, suggests new analysis from Wahi, a Canadian real estate listing website.

The RPS-Wahi House Price Index was up 1% year-over-year in May, but growth in home values is moderating as tariffs and the condo downturn take a toll.

The RPS-Wahi House Price Index posted a more modest 2% year-over-year increase in April, as softer conditions emerged in several local Canadian housing markets.

The RPS-Wahi House Price Index climbed year-over-year by 3% in March, although the national increase was limited by flattening prices in Toronto and Vancouver.