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April 17, 2026TERANET-NATIONAL BANK HOUSE PRICE INDEX, MARCH 2026 Monthly (March vs February 2026, seasonally adjusted)
Halifax resale home prices, as measured by the Teranet-National Bank House Price Index (seasonally adjusted), fell 3.53% from February to March 2026, the fastest decline among 11 urban centers.
The composite 11-city index of resale house prices dropped 1.01%, with declines in eight cities. Winnipeg reported the fastest growth.
Year-over-year (March 2026 vs March 2025)
Halifax resale home prices were down 4.7% year-over-year. Prices for the 11-city composite index were down 5.0% with declines in six of 11 urban centers. Québec City reported the fastest pace of growth over March 2025 while the fastest decline was in Toronto.
Year-to-date (January-March 2026 vs January-March 2025)
In the first three months of 2026, Halifax resale home prices were down 1.8%. Composite 11-city index dropped 4.4% with declines in six urban centers. Toronto reported the fastest decline white Québec City reported the fastest gain.
Trends
Halifax resale home prices have reported positive year-over-year growth throughout 2024 and 2025. In March 2026, the national index saw its eleventh consecutive year-over-year decline. Since January 2019, year-over-year Halifax resale home price growth has outpaced the national composite in all but four months.
Winnipeg, Montréal and Québec City set new highs for resale house prices in March.
Source: Teranet-National Bank
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