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March 20, 2026TERANET-NATIONAL BANK HOUSE PRICE INDEX, FEBRUARY 2026 Monthly (February vs January 2026, seasonally adjusted)
Halifax resale home prices, as measured by the Teranet-National Bank House Price Index (seasonally adjusted), fell 0.76% from January to February 2026.
The composite 11-city index of resale house prices dropped 0.54%, with declines in eight cities. Hamilton reported the fastest decline and Edmonton reported the fastest growth.
Year-over-year (February 2026 vs February 2025)
Halifax resale home prices were down 2.8% year-over-year. Prices for the 11-city composite index were down 4.4% with declines in six of 11 urban centers. Québec City reported the fastest pace of growth over February 2025 while the fastest decline was in Hamilton.
Year-to-date (January-February 2026 vs January-February 2025)
In the first two months of 2026, Halifax resale home prices were down 0.4%. Composite 11-city index dropped 4.2% with declines in six urban centers. Toronto reported the fastest decline white Québec City reported the fastest gains.
Trends
Halifax resale home prices have reported positive year-over-year growth throughout 2024 and 2025. In February 2026, the national index saw its tenth 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.
Edmonton and Québec City set new highs for resale house prices in February.
Source: Teranet-National Bank