Canadian Home Sales Activity Little Changed in March

Canadian home sales dip in March as mortgage rates jump

Canadian Home Sales Activity Little Changed in March

OTTAWA, Ontario, April 16, 2026 (GLOBE NEWSWIRE) -- The number of home sales recorded over Canadian MLS® Systems was virtually unchanged (-0.1%) on a month-over-month basis in March 2026.

Mortgage Rates, Uncertainty Kept Canadian Buyers Sidelined In March

New data from the Canadian Real Estate Association shows national home sales were essentially unchanged in March 2026, ticking down just 0.1% month-over-month — but the stability masks a more complicated picture.Actual (not seasonally adjusted) sales came in 2.3% below March 2025, while the national average home price landed at $673,084, down 0.8% year-over-year. The MLS® Home Price Index Composite fell 0.4% month-over-month and was down 4.7% co…