With tariffs hanging over Canada’s economy, the housing market got off to a “slower-than-expected” start in the spring but may recover in the fall, a new report by Royal LePage released on Wednesday said.

The report said the housing market could find “balance” in the fall, which means Canada’s falling home prices could plateau by year’s end.

Recovery by 2026

“Canada’s housing market is shifting toward balance, as easing prices, rising listings and renewed rate cuts improve affordability across most regions,” Royal LePage CEO Phil Soper said in a statement.

“For the first time in years, buyers – especially in previously supply-strapped markets – have real choice and negotiating power. With confidence returning and further rate reductions expected into early 2026, we anticipate notic

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