Canada’s “Record” Housing Correction? Prices Near Highs In Most Provinces

There’s been a lot of talk about Canada’s so-called “record” housing correction, and it’s true that the numbers tell quite a story. In July, the national average home price dipped 0.6% to $661,800, with most provinces seeing declines—though three Atlantic provinces actually saw gains. Since March 2022, prices have fallen 21.3%, mainly due to notable decreases in Ontario and B.C., even as affordability remains a challenge for many families. As someone who’s helped clients—many of them just like you—navigate both the highs and the lows of our market, I know what matters most is finding a place that truly feels like home. Through every shift, I remain committed to honest advice and genuine care, ensuring you always feel respected and well-informed at every step. Let’s keep your goals front and center, no matter where the numbers stand.