New condo prices nationally edged down 0.2% in Q2 2025 but are 0.6% higher than the same quarter last year.
Prices remain 1.1% below the 2022 peak but are up 33.3% since early 2017, showing significant long-term growth.
Markets vary widely: Montréal, Ottawa, and Edmonton near or at record highs, while Toronto, Vancouver, and Victoria remain below 2022 peaks.
Location drives price trends, with some cities seeing strong year-over-year gains and others experiencing slight declines in new condo p
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