MONEY GLOBE XCanadian housing market by province
New home prices, housing starts and unemployment for each province, with a plain reading of whether it leans to buyers or sellers. Nationally: Buyer's market leaning.
Home prices by cityEvery BC city and town26 Canadian cities100 US metro areasGeorgia cities
| Province | New home prices, 1 year | Housing starts, 1 year | Unemployment | Reading |
|---|---|---|---|---|
| Ontario | -3.4% | -47% | 7.3% | Balanced market |
| British Columbia | -2.3% | +49% | 6.3% | Balanced market |
| Alberta | -0.4% | +2% | 7.3% | Balanced market |
| Quebec | +1.3% | -11% | 5.7% | Balanced market |
| Manitoba | +2.1% | -7% | 5.0% | Seller's market leaning |
| Saskatchewan | +1.1% | -45% | 5.9% | Balanced market |
| Nova Scotia | +0.6% | -6% | 6.2% | Balanced market |
| New Brunswick | -0.4% | +139% | 7.4% | Balanced market |
Provincial prices are Statistics Canada's NEW housing price index; resale prices by province need a CREA licence.
How the reading works
Rising prices and falling unemployment point to a seller's market; falling prices and rising unemployment point to a buyer's market. It is a simple rule on official data, not a forecast.
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Create a free accountUpdated November 10, 2026, 20:38 UTC. Sources: Statistics Canada (New Housing Price Index, Labour Force Survey), CMHC via Statistics Canada. Educational information only - not financial advice.