{"id":49,"date":"2026-10-16T10:00:00","date_gmt":"2026-10-16T10:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/condosconnection-com\/2026\/10\/16\/canada-home-prices-hit-their-lowest-since-2023-please-visit-condosconnection-com\/"},"modified":"2026-10-16T10:00:00","modified_gmt":"2026-10-16T10:00:00","slug":"canada-home-prices-hit-their-lowest-since-2023-please-visit-condosconnection-com","status":"publish","type":"post","link":"https:\/\/www.condosconnection.com\/blog\/2026\/10\/16\/canada-home-prices-hit-their-lowest-since-2023-please-visit-condosconnection-com\/","title":{"rendered":"Canada Home Prices Hit Their Lowest Since 2023 | Please visit: condosconnection.com"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/shyam-hira\/canadian-home-prices-remotion-videos-1941\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>A national index for 11 major metros slipped &lt;0.5% MoM in the latest reading, marking eight declines in nine mo and reversing the prior uptick.<br \/>\nNational prices sat at their weakest level since Early-Q2 2023, now \u2193~4% from the Late-Q4 2025 peak reached nationally &lt;1 yr earlier.<br \/>\nA rebound earlier in the year faded quickly: the adjusted measure \u2193~0.5%, its first pullback in six mo after support from jobs and affordability.<br \/>\nAcross major metros, yearly losses deepened to ~4% nationally. Vancouver, Hamilton, and Toronto led declines, while Quebec City, Montreal, and Winnipeg still posted gains.<br \/>\nLooking ahead, higher bond yields were expected to lift new mortgage costs, limit borrowing capacity, and pressure affordability as home sales began declining again.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A national index for 11 major metros slipped &lt;0.5% MoM in the latest reading, marking eight declines in nine mo and reversing the prior uptick. National prices sat at their weakest level since Early-Q2 2023, now \u2193~4% from the Late-Q4 2025 peak reached nationally &lt;1 yr earlier. A rebound earlier in the year faded quickly: [&hellip;]<\/p>\n","protected":false},"author":531,"featured_media":50,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-49","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.condosconnection.com\/blog\/wp-json\/wp\/v2\/posts\/49","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.condosconnection.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.condosconnection.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.condosconnection.com\/blog\/wp-json\/wp\/v2\/users\/531"}],"replies":[{"embeddable":true,"href":"https:\/\/www.condosconnection.com\/blog\/wp-json\/wp\/v2\/comments?post=49"}],"version-history":[{"count":0,"href":"https:\/\/www.condosconnection.com\/blog\/wp-json\/wp\/v2\/posts\/49\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.condosconnection.com\/blog\/wp-json\/wp\/v2\/media\/50"}],"wp:attachment":[{"href":"https:\/\/www.condosconnection.com\/blog\/wp-json\/wp\/v2\/media?parent=49"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.condosconnection.com\/blog\/wp-json\/wp\/v2\/categories?post=49"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.condosconnection.com\/blog\/wp-json\/wp\/v2\/tags?post=49"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}