{"id":315203,"date":"2026-03-16T11:08:52","date_gmt":"2026-03-16T15:08:52","guid":{"rendered":"https:\/\/wahi.com\/ca\/en\/?page_id=315203"},"modified":"2026-03-16T11:08:53","modified_gmt":"2026-03-16T15:08:53","slug":"rps-wahi-house-price-index-home-prices-now-down-in-5-major-canadian-cities","status":"publish","type":"page","link":"https:\/\/wahi.com\/ca\/en\/press-releases\/2026-mar-16-rps-wahi-hpi","title":{"rendered":"RPS-Wahi House Price Index: Home Prices Now Down in 5 Major Canadian Cities"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”53px||9px||false|false” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.27.4″ _module_preset=”default” custom_padding=”||4px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/wahi.com\/wp-content\/uploads\/2026\/03\/rps-wahi-house-price-index-february.png” alt=”Ottawa has become the fifth major Canadian housing market to see home prices decline on a year-over-year basis.” title_text=”rps-wahi-house-price-index-february” url=”https:\/\/wahi.com\/ca\/en\/learning-centre\/real-estate-101\/buy\/rps-wahi-house-price-index-february-2026\/” _builder_version=”4.27.4″ _module_preset=”default” max_width=”600px” max_width_tablet=”600px” max_width_phone=”60%” max_width_last_edited=”on|phone” custom_margin=”||3px|||” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_image][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” header_text_color=”#000000″ header_font_size=”2.5rem” header_line_height=”3.5rem” custom_padding=”12px||||false|false” global_colors_info=”{}”]<\/p>\n

News Release<\/h1>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”0px||||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”17px” text_line_height=”1.9em” header_2_font_size=”22px” header_2_line_height=”1.1em” custom_margin=”||50px|||” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

RPS-Wahi House Price Index: Home Prices Now Down in 5 Major Canadian Cities<\/h2>\n

 <\/p>\n

TORONTO<\/a>, ONT. \u2014March 16, 2026 \u2014 We\u2019re pleased to share the latest national housing data from Wahi and Real Property Solutions (RPS) \u2014 timely insight for anyone covering real estate market trends going into the spring market.
<\/span><\/p>\n


Wahi, a leading Canadian real estate platform, and Real Property Solutions (RPS), the foremost Canadian provider of property valuation services, today released their February 2026 House Price Index<\/a>.
<\/span><\/p>\n

 <\/p>\n


According to the latest data \u2014 Canada\u2019s most comprehensive and timely measure of home prices \u2014 national home prices fell 2% year over year, matching the decline observed in January. However, the latest reading highlights a new development: five major Canadian housing markets of the 13 major metro areas analyzed are now experiencing annual price declines.<\/span><\/p>\n


Ottawa has become the latest market to join that group, marking the first major city outside of British Columbia and the Greater Toronto and Hamilton Area to see home values fall on a year-over-year basis. Ottawa prices slipped 1% year over year in February, joining Hamilton, Toronto, Vancouver and Victoria, where prices have already been trending downward.<\/span>
<\/span><\/p>\n


\u201cPrice drops may grab headlines, but these declines potentially overshadow the fact that home prices remain up relative to where they stood a year ago in a majority of Canada\u2019s major housing markets,\u201d says RPS-Wahi Economist Ryan McLaughlin. \u201cNot only that, but several markets in Quebec and the Prairies continue to show strong price growth.\u201d<\/span><\/p>\n


Highlights from the February report include:<\/strong><\/span><\/p>\n