Canadian home prices tick up for the first time in 7 months

Summary (TL;DR): According to the latest National Bank report, Canada’s national home price index rose 0.1% in August 2025, ending a seven-month stretch of declines. The rebound was led by Calgary (+1.4%), Edmonton (+1.1%) and Vancouver (+0.7%), while Toronto and Hamilton continued to see price drops. Early signs of stabilization — notable, but not yet a full recovery.


Market snapshot

Canada’s housing market showed a small but meaningful uptick in August 2025:

  • National home price index: +0.1% (August 2025) — first monthly increase after seven consecutive declines.

  • Leading gainers: Calgary (+1.4%), Edmonton (+1.1%), Vancouver (+0.7%).

  • Lagging markets: Toronto and Hamilton continued to register price decreases.

This modest rebound suggests the market may be stabilizing after a prolonged cooling period, though it’s still too early to declare a sustained recovery.


What this means for buyers and sellers

  • Buyers: A small rise in prices doesn’t eliminate buying opportunities — but affordability remains sensitive to interest-rate movements. Those with pre-approved mortgages should recheck terms if they plan to act soon.

  • Sellers: In certain cities (notably Calgary, Edmonton, Vancouver) demand appears firmer. Pricing strategy and presentation will remain important to capture interest.

  • Investors & market watchers: The uptick is a signal worth monitoring, especially alongside employment data, mortgage rates, and local supply changes.


Why caution is still warranted

  • The increase is very small (0.1%) and may reflect short-term dynamics rather than a trend.

  • High interest rates and uneven regional performance mean some markets can rebound sooner while others lag.

  • More monthly data will be needed to confirm stabilization or a turnaround.


Read the full report

Full article / report: https://lnkd.in/er4hDZBv


Takeaway

A small but notable signal that Canada’s housing market may be stabilizing — encouraging, but not definitive. We’ll be watching subsequent monthly reports and interest-rate developments before calling a full recovery.

Suggested tags for the post: #CanadaHousing #HomePrices #RealEstateTrends #HousingMarket #MarketUpdate

Suggested featured image: a clean chart/line graph showing a slight uptick; file name idea: canada-home-prices-august-2025-uptick.jpg
Alt text for image: “Canada home price index shows small uptick in August 2025 after seven months of declines.”