Home prices across Canada have slipped 0.2% from July to August, reaching their lowest levels since April 2023. That’s a 4.2% drop from the high point last year, and six of the 11 major cities—including Vancouver, which fell 1.6%—have seen values edge downward. As rising financing costs and softer sales continue to shape the market, it’s a reminder of how quickly things can shift. Here in Prince Edward County, I’ve seen the ebb and flow of real estate firsthand for nearly four decades. If you’re navigating a purchase, sale, or investment, local experience and honest advice matter more than ever.
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