Home prices in Toronto and Vancouver expected to drop as the rest of Canada sees a hike: LePage

The latest annual report from real estate company Royal LePage is forecasting a modest hike in home prices of one per cent by the fourth quarter of 2026. But that overall figure is hiding a significant drop in two of Canada’s most expensive cities, Toronto and Vancouver. Calling 2026 “a crucial reset year for Canada’s housing market,” the Royal LePage Market Survey Forecast predicts that the average price of a home in Canada is expected to rise to $823,016 in the fourth