TORONTO — Royal LePage is forecasting an uptick in home prices for 2026 as it says the Canadian housing market is primed for a “reset” with more buyers making their move.

The real estate firm projects the national aggregate home price will increase one per cent year-over-year to $823,016 in the fourth quarter of 2026.

Single-family detached home prices are forecast to increase two per cent to $876,934 and condominium prices are expected to decrease 2.5 per cent to $563,918.

It said its projections for the upcoming year follow “significant economic and political uncertainty” in 2025, pointing to the trade war with the U.S. and change in federal leadership that forced a recalibration of market expectations.

This year has also included four cuts by the Bank of Canada to its key policy rat

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