Tag: crea data
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Nova Scotia Sees Canada’s Largest Home Price Drop as PEI and Quebec Defy the Market

February 1, 2026 Most Canadian housing markets have so far held up better than expected during the national downturn – but cracks are starting to show. New data from the Canadian Real Estate Association (CREA) reveals that home prices fell again in December, with only Prince Edward Island and Quebec managing to post gains. While…
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Canada’s Housing Correction May Be Entering a Second Phase, New Data Suggests

Canada’s housing market ended 2025 on weaker footing than the year before, raising concerns that the correction is not finished. New data from the Canadian Real Estate Association (CREA) shows home prices fell sharply in December, alongside declining sales and one of the strongest late-year surges in listings on record. Rather than signaling stabilization, the…