{"id":41648,"date":"2026-06-22T06:00:00","date_gmt":"2026-06-22T10:00:00","guid":{"rendered":"https:\/\/www.zoocasa.com\/blog\/?p=41648"},"modified":"2026-06-22T08:36:31","modified_gmt":"2026-06-22T12:36:31","slug":"canada-housing-market-2026-price-drops","status":"publish","type":"post","link":"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/","title":{"rendered":"Where Canadian Home Prices are Dropping the Most in 2026 So Far"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Six months into 2026, Canada\u2019s housing market looks less like a straight line and more like a weather radar, with bright hot spots of activity sitting beside pockets of calm. Using January and May 2026 reports from the Canadian Real Estate Association, this analysis highlights how unbalanced current conditions are, with some regions seeing strong price growth while others remain comparatively subdued.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To make sense of this split, Zoocasa examined the latest sales\u2011to\u2011new\u2011listings ratios (SNLR) from CREA\u2019s May 2026 data, the metric realtors use to gauge who holds the power in a given market. <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Related: <\/strong><a href=\"https:\/\/www.zoocasa.com\/blog\/down-payment-detached-homes-canada-2026\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Do You Have Over $100K for a Down Payment? What It Takes to Own a Detached Home in Canada\u2019s 10 Largest Cities&nbsp;<\/strong><\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The rule of thumb is straightforward: an SNLR above 60% signals a seller\u2019s market, below 40% points to a buyer\u2019s market, and anything between 40% and 60% suggests a roughly balanced market where neither side has a clear upper hand.<\/p>\n\n\n<div style=\"min-height:955px\" id=\"datawrapper-vis-h0ERR\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/h0ERR\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-h0ERR\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/h0ERR\/full.png\" alt=\"The Best Markets to Buy and Sell in Canada Right Now (Table)\" \/><\/noscript><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Best Markets to Sell Your Home in 2026&nbsp;<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A handful of Canadian cities are firmly in sellers\u2019 market territory in 2026, where listings turn over quickly, and buyers have limited room to negotiate. Here are the seller\u2019s markets this year so far:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Saguenay, QC: SNLR 82.4%<\/li>\n\n\n\n<li>Quebec CMA: SNLR 77.1%<\/li>\n\n\n\n<li>Trois\u2011Rivi\u00e8res, QC: SNLR 76,5%<\/li>\n\n\n\n<li>Winnipeg, MB: SNLR 70.1%<\/li>\n\n\n\n<li><a href=\"https:\/\/www.zoocasa.com\/saint-john-nb-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Saint John<\/a>, NB: SNLR 67.3%<\/li>\n\n\n\n<li><a href=\"https:\/\/www.zoocasa.com\/halifax-ns-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Halifax\u2011Dartmouth<\/a>, NS: SNLR 61.7%<\/li>\n\n\n\n<li>Montreal CMA: SNLR 61.1%<\/li>\n\n\n\n<li>Sherbrooke, QC: SNLR 60.8%<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Quebec is the clear standout, accounting for half of the cities on this list. For buyers considering any of these markets, the message is simple: be prepared to move quickly and make strong offers, as there is little tolerance for low bids or lengthy negotiations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Canada\u2019s Balanced Markets in 2026: Where Buyers and Sellers are on Equal Footing<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In balanced markets, bidding wars are less common than during the 2021 peak, but demand remains strong enough to support prices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In May 2026, about 41% of the regions are considered balanced. Alongside the national market, these include major centres such as <a href=\"https:\/\/www.zoocasa.com\/calgary-ab-real-estate\">Calgary<\/a>, <a href=\"https:\/\/www.zoocasa.com\/edmonton-ab-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Edmonton<\/a>, and <a href=\"https:\/\/www.zoocasa.com\/ottawa-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Ottawa<\/a>, as well as mid\u2011sized cities like <a href=\"https:\/\/www.zoocasa.com\/thunder-bay-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Thunder Bay<\/a>, <a href=\"https:\/\/www.zoocasa.com\/sudbury-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Sudbury<\/a>, <a href=\"https:\/\/www.zoocasa.com\/kitchener-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Kitchener<\/a>\u2011<a href=\"https:\/\/www.zoocasa.com\/waterloo-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Waterloo<\/a>, <a href=\"https:\/\/www.zoocasa.com\/london-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">London<\/a> and <a href=\"https:\/\/www.zoocasa.com\/st-thomas-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">St. Thomas<\/a>, <a href=\"https:\/\/www.zoocasa.com\/victoria-bc-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Victoria<\/a>, <a href=\"https:\/\/www.zoocasa.com\/hamilton-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Hamilton<\/a>\u2011<a href=\"https:\/\/www.zoocasa.com\/burlington-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Burlington<\/a>, and Gatineau.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Balanced, however, does not mean uneventful. Thunder Bay, for example, is classified as balanced by SNLR, yet it still recorded the largest price increase in 2026 so far.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That contrast shows how similar levels of supply\u2011demand balance can produce very different price outcomes for buyers and sellers, depending on local demand and inventory.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Related: <\/strong><a href=\"https:\/\/www.zoocasa.com\/blog\/canadian-home-prices-below-national-average-spring-2026\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Where Home Prices are Below the National Average in Spring 2026<\/strong> <\/a>&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Canada\u2019s Buyer\u2019s Markets in 2026: Where House\u2011Hunters Still Have Leverage<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Despite a national market that leans toward balanced or competitive conditions, several Canadian cities remain firmly in buyers\u2019 market territory in 2026. In these regions, an SNLR below 40% indicates that new listings are outpacing sales and that buyers have more bargaining power on price and conditions. As of May, buyer\u2019s market conditions are present in these markets:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.zoocasa.com\/windsor-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Windsor<\/a>\u2011<a href=\"https:\/\/www.zoocasa.com\/essex-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Essex<\/a>, ON: SNLR 34.7%<\/li>\n\n\n\n<li><a href=\"https:\/\/www.zoocasa.com\/vancouver-bc-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Greater Vancouver<\/a>, BC: SNLR 35.7%<\/li>\n\n\n\n<li><a href=\"https:\/\/www.zoocasa.com\/niagara-falls-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Niagara Region<\/a>, ON: SNLR 36.5%<\/li>\n\n\n\n<li>Fraser Valley, BC: SNLR 36.7%<\/li>\n\n\n\n<li>Newfoundland and Labrador: SNLR 37.0%<\/li>\n\n\n\n<li><a href=\"https:\/\/www.zoocasa.com\/toronto-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Greater Toronto<\/a>, ON: SNLR 37.2%<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Of course, there is an important caveat. A buyer\u2019s market does not automatically make a city affordable. Greater Vancouver and Greater Toronto remain among the most expensive markets in Canada. What buyers gain in these cities is primarily more choice and stronger negotiating leverage, rather than dramatically lower prices.<\/p>\n\n\n<div style=\"min-height:911px\" id=\"datawrapper-vis-qyV0o\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/qyV0o\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-qyV0o\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/qyV0o\/full.png\" alt=\"Where Prices are Dropping the Most in 2026 So Far (Table)\" \/><\/noscript><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Canadian Real Estate Markets With the Biggest Price Increases<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Nationally, the average home price climbed from about $653,000 in January to roughly $702,000 by May, a jump of nearly $49,000, or 7.5%, in less than half a year. Three cities are left that are far ahead in national gain:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.zoocasa.com\/thunder-bay-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Thunder Bay<\/a>, ON: about +$101,000 (31.3%)&nbsp;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.zoocasa.com\/regina-sk-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Regina<\/a>, SK: about +$83,000 (25.3%)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.zoocasa.com\/sudbury-on-real-estate\" target=\"_blank\" rel=\"noreferrer noopener\">Sudbury<\/a>, ON: about +$80,000 (17%)&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Several other cities are close behind, also posting gains well above the national average, including Ottawa (up about $93,000, or roughly 15%), Saint John (up about $55,000, or roughly 16%), and Halifax\u2011Dartmouth (up about $59,000, or roughly 10%).<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Related: <\/strong><a href=\"https:\/\/www.zoocasa.com\/blog\/canadian-universities-student-condo\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Is Buying a Student Condo Actually Worth It? We Checked 14 Canadian University Cities&nbsp;<\/strong><\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Canadian Real Estate Markets With the Biggest Price Drops&nbsp;<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">For buyers looking for an actual deal, the data points to a short list of cities where price growth has stalled or reversed altogether:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Trois\u2011Rivi\u00e8res CMA: about \u2212$15,500 (\u22123.5%)&nbsp;<\/li>\n\n\n\n<li>Greater Vancouver: about +$24,100 (+2.0%)<\/li>\n\n\n\n<li>Montreal CMA: about +$12,800 (+2.0%)&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Trois\u2011Rivi\u00e8res is the only market to record an outright price decline so far in 2026, while Greater Vancouver and Montreal saw almost flat price growth, even as most other regions posted price growth well above the national average.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As prices rise sharply in places like Thunder Bay, Regina, and Sudbury, the gap between Canada\u2019s historically \u201caffordable\u201d cities and its most expensive ones is narrowing quickly. For anyone who assumed cheaper markets would stay cheap, 2026 is the year that assumption is getting challenged.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Staying the Course on Homeownership<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">For the rest of 2026, buyers and sellers should expect very different experiences depending on whether their local market is in the roughly 22% that favours buyers, the 37% that favours sellers, or the 41% that are balanced.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Buyers, sellers and everyone in between will face very different realities over the rest of 2026, but the desire to own a home remains very strong, even as affordability remains the main obstacle.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to a recent TD Bank Group <a href=\"https:\/\/td.mediaroom.com\/2026-04-08-Household-budgets-tighten-amid-mortgage-renewals-as-buyer-intent-builds,-TD-survey-finds\" target=\"_blank\" rel=\"noreferrer noopener\">survey<\/a> of 1,500 Canadians about how household budgets are tightening amid mortgage renewals, 75% of respondents are setting money aside each month for a future home purchase. Nearly one in four (24%) are also considering alternative living arrangements to enter the market, highlighting how strongly Canadians remain committed to homeownership, even when it requires sacrifice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Six months into 2026, Canada\u2019s housing market looks less like a straight line and more like a weather radar, with bright hot spots of activity sitting beside pockets of calm. Using January and May 2026 reports from the Canadian Real Estate Association, this analysis highlights how unbalanced current conditions are, with some regions seeing strong [&hellip;]<\/p>\n","protected":false},"author":157,"featured_media":41649,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard"},"jnews_primary_category":[],"footnotes":""},"categories":[1114,1111,1194],"tags":[],"class_list":["post-41648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-affordability-reports","category-canada","category-home-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>3 Cities With the Biggest Price Jumps Since January 2026<\/title>\n<meta name=\"description\" content=\"Canada housing market update: where buyers and sellers have the upper hand in 2026. Plus, see which Ontario city had a 31% price increase.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Cities With the Biggest Price Jumps Since January 2026\" \/>\n<meta property=\"og:description\" content=\"Canada housing market update: where buyers and sellers have the upper hand in 2026. Plus, see which Ontario city had a 31% price increase.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/\" \/>\n<meta property=\"og:site_name\" content=\"Zoocasa Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Zoocasa\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-22T10:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-22T12:36:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2026\/06\/Canadian-Home-prices-2026-so-far.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Angela Serednicki\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2026\/06\/Canadian-Home-prices-2026-so-far.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@Zoocasa\" \/>\n<meta name=\"twitter:site\" content=\"@Zoocasa\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Angela Serednicki\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/\"},\"author\":{\"name\":\"Angela Serednicki\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/b162735b027c20ba6e2007c6ae373c22\"},\"headline\":\"Where Canadian Home Prices are Dropping the Most in 2026 So Far\",\"datePublished\":\"2026-06-22T10:00:00+00:00\",\"dateModified\":\"2026-06-22T12:36:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/\"},\"wordCount\":939,\"publisher\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#organization\"},\"articleSection\":[\"Affordability Reports\",\"Canada\",\"Home Featured\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/\",\"name\":\"3 Cities With the Biggest Price Jumps Since January 2026\",\"isPartOf\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#website\"},\"datePublished\":\"2026-06-22T10:00:00+00:00\",\"dateModified\":\"2026-06-22T12:36:31+00:00\",\"description\":\"Canada housing market update: where buyers and sellers have the upper hand in 2026. Plus, see which Ontario city had a 31% price increase.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.zoocasa.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Where Canadian Home Prices are Dropping the Most in 2026 So Far\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#website\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/\",\"name\":\"Zoocasa Blog\",\"description\":\"Home Buying &amp; Selling Tips, Real Estate Market Trends &amp; News\",\"publisher\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.zoocasa.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#organization\",\"name\":\"Zoocasa\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png\",\"contentUrl\":\"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png\",\"width\":800,\"height\":800,\"caption\":\"Zoocasa\"},\"image\":{\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Zoocasa\",\"https:\/\/twitter.com\/Zoocasa\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/b162735b027c20ba6e2007c6ae373c22\",\"name\":\"Angela Serednicki\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/af504014ec3122b3f24f728fd2a477c40a5bde230d3da97cb9078471df17f9d3?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/af504014ec3122b3f24f728fd2a477c40a5bde230d3da97cb9078471df17f9d3?s=96&d=blank&r=g\",\"caption\":\"Angela Serednicki\"},\"description\":\"Angela Serednicki is a Public Relations and Content Specialist at Zoocasa. Having resided in different Toronto neighbourhoods for over a decade, she has gained an intimate understanding of and a passion for exploring the city\u2019s changing real estate scene. In her journalism career, Angela has written for some of Canada\u2019s best publications, including Maclean\u2019s, Canadian Business, Money Sense, Reader\u2019s Digest, and The Globe and Mail.\",\"url\":\"https:\/\/www.zoocasa.com\/blog\/author\/angela-serednicki\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"3 Cities With the Biggest Price Jumps Since January 2026","description":"Canada housing market update: where buyers and sellers have the upper hand in 2026. Plus, see which Ontario city had a 31% price increase.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/","og_locale":"en_US","og_type":"article","og_title":"3 Cities With the Biggest Price Jumps Since January 2026","og_description":"Canada housing market update: where buyers and sellers have the upper hand in 2026. Plus, see which Ontario city had a 31% price increase.","og_url":"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/","og_site_name":"Zoocasa Blog","article_publisher":"https:\/\/www.facebook.com\/Zoocasa","article_published_time":"2026-06-22T10:00:00+00:00","article_modified_time":"2026-06-22T12:36:31+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2026\/06\/Canadian-Home-prices-2026-so-far.jpg","type":"image\/jpeg"}],"author":"Angela Serednicki","twitter_card":"summary_large_image","twitter_image":"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2026\/06\/Canadian-Home-prices-2026-so-far.jpg","twitter_creator":"@Zoocasa","twitter_site":"@Zoocasa","twitter_misc":{"Written by":"Angela Serednicki","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/#article","isPartOf":{"@id":"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/"},"author":{"name":"Angela Serednicki","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/b162735b027c20ba6e2007c6ae373c22"},"headline":"Where Canadian Home Prices are Dropping the Most in 2026 So Far","datePublished":"2026-06-22T10:00:00+00:00","dateModified":"2026-06-22T12:36:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/"},"wordCount":939,"publisher":{"@id":"https:\/\/www.zoocasa.com\/blog\/#organization"},"articleSection":["Affordability Reports","Canada","Home Featured"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/","url":"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/","name":"3 Cities With the Biggest Price Jumps Since January 2026","isPartOf":{"@id":"https:\/\/www.zoocasa.com\/blog\/#website"},"datePublished":"2026-06-22T10:00:00+00:00","dateModified":"2026-06-22T12:36:31+00:00","description":"Canada housing market update: where buyers and sellers have the upper hand in 2026. Plus, see which Ontario city had a 31% price increase.","breadcrumb":{"@id":"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.zoocasa.com\/blog\/canada-housing-market-2026-price-drops\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zoocasa.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Where Canadian Home Prices are Dropping the Most in 2026 So Far"}]},{"@type":"WebSite","@id":"https:\/\/www.zoocasa.com\/blog\/#website","url":"https:\/\/www.zoocasa.com\/blog\/","name":"Zoocasa Blog","description":"Home Buying &amp; Selling Tips, Real Estate Market Trends &amp; News","publisher":{"@id":"https:\/\/www.zoocasa.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zoocasa.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zoocasa.com\/blog\/#organization","name":"Zoocasa","url":"https:\/\/www.zoocasa.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png","contentUrl":"https:\/\/www.zoocasa.com\/blog\/wp-content\/uploads\/2020\/09\/zoocasa-square-logo-800x800px.png","width":800,"height":800,"caption":"Zoocasa"},"image":{"@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Zoocasa","https:\/\/twitter.com\/Zoocasa"]},{"@type":"Person","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/b162735b027c20ba6e2007c6ae373c22","name":"Angela Serednicki","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zoocasa.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/af504014ec3122b3f24f728fd2a477c40a5bde230d3da97cb9078471df17f9d3?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/af504014ec3122b3f24f728fd2a477c40a5bde230d3da97cb9078471df17f9d3?s=96&d=blank&r=g","caption":"Angela Serednicki"},"description":"Angela Serednicki is a Public Relations and Content Specialist at Zoocasa. Having resided in different Toronto neighbourhoods for over a decade, she has gained an intimate understanding of and a passion for exploring the city\u2019s changing real estate scene. In her journalism career, Angela has written for some of Canada\u2019s best publications, including Maclean\u2019s, Canadian Business, Money Sense, Reader\u2019s Digest, and The Globe and Mail.","url":"https:\/\/www.zoocasa.com\/blog\/author\/angela-serednicki\/"}]}},"_links":{"self":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/posts\/41648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/users\/157"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/comments?post=41648"}],"version-history":[{"count":0,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/posts\/41648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/media\/41649"}],"wp:attachment":[{"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/media?parent=41648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/categories?post=41648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zoocasa.com\/blog\/wp-json\/wp\/v2\/tags?post=41648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}