10/16/2026
Fall slowdown: what September’s numbers mean for York Region 🍂📉
Canada’s resale market cooled again in September. New CREA data out today shows national home sales down 2.3% from August and 7.7% below last September. The national benchmark price is down 3.4% year over year. Ontario prices took another step down, and CREA now expects them to finish 2026 about 3% lower. The main reasons are a jump in fixed mortgage rates and talk of possible Bank of Canada hikes.
What it means locally: buyers may have more choice and more room to negotiate, and for sellers in Stouffville and York Region, smart, data-driven pricing matters more than ever.
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