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October 20, 2026TERANET-NATIONAL BANK HOUSE PRICE INDEX, SEPTEMBER 2026 Monthly (September vs August 2026, seasonally adjusted)
Halifax resale home prices, as measured by the Teranet-National Bank House Price Index (seasonally adjusted), declined 1.59% from August to September 2026, the fastest decline among cities.
The composite 11-city index of resale house prices rose 0.15% despite declines in six cities. Hamilton and Victoria reported the fastest increases.
Year-over-year (September 2026 vs September 2025)
Halifax resale home prices were down 4.0% year-over-year. Prices for the 11-city composite index were down 3.6% with declines in 6 of 11 urban centers. Toronto reported the fastest decline while Québec City reported the fastest growth compared to September 2025.
Year-to-date (January-September 2026 vs January-September 2025)
In the first nine months of 2026, Halifax resale home prices were down 1.3%. Composite 11-city index dropped 4.1% with declines in seven urban centers. Toronto reported the fastest decline white Québec City reported the fastest gain.
Trends
Halifax resale home prices reported positive year-over-year growth throughout 2024 and 2025, slowing toward the end of 2025. Resale home prices have been declining through most of 2026.
In September 2026, the national index saw its seventeenth consecutive year-over-year decline. Since January 2019, year-over-year Halifax resale home price growth has outpaced the national composite in all but five months.
There were no new highs set for resale house prices in September.
Source: Teranet-National Bank