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Canada Home Sales Fall 2.3% in September 2026: What Buyers Should Know About Prices and Mortgage Costs
Canadian home sales fell 2.3% in September 2026, while the average sale price reached $666,538. Here is what CREA’s latest figures mean for homebuyers, sellers and households planning a mortgage.
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Bank of Canada: Lower Home Prices Alone Won’t Fix Canada’s Housing Affordability Problem
The Bank of Canada says Canada’s housing affordability problem cannot be solved by lower home prices, mortgage rules or interest rates alone. Housing is now closely tied to household wealth, bank lending, construction and economic growth, making the trade-offs more complicated than they appear.
