In August 2026, Canadian home sales decreased by 0.7% month-over-month, marking the fourth consecutive month of stagnant sales and prices, according to the Canadian Real Estate Association (CREA). Year-over-year, sales volumes fell by 6.9%, while new listings increased by 3.3%, leading to a decline in the sales-to-new-listings ratio. Economic uncertainties, including rising inflation risks and increased mortgage rates, are expected to impact housing market momentum heading into 2027.

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