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House prices dropping in Canada’s most expensive cities, but still out of reach for many

Carpenters build a home in Salaberry-de-Valleyfield, Que. in October. Average housing prices are softening in Canada, but experts say it’s not enough for most prospective first-time buyers. (Christinne Muschi/The Canadian Press) Housing prices are dipping in Canada’s priciest markets, but real estate experts say it’s not necessarily the break for which potential first-time homebuyers have been waiting — and that break may never come. TD Economics said in a report last week that it expects home prices to slide 0.3 per cent across Canada this year, after a weak performanceRead more


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