What housing slowdown? Home prices in Quebec and Nova Scotia hit record highs

There were sharp regional contrasts in Canada’s housing market in April, 2025, underscoring a growing disconnect between markets in Ontario and B.C. and those in the rest of Canada. The average national home price, MLS benchmark price and seasonally adjusted sales dropped 3.9 per cent, 3.6 per cent and 7.5 per cent year-over-year, respectively, driven by cooling demand in Ontario and British Columbia.