Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeNewsReal EstatePosthaste: The surprising pockets where homebuyers now have the advantageOpportunity spots include Greater Vancouver, Hamilton-Burlington and the Niagara RegionLast updated 1 hour ago You can save this article by registering for free here. Or sign-in if you have an account.Home prices have fallen 8.1 per cent in the Niagara Region in Ontario, while sales have fallen 6.4 per cent, marking it the country's most advantageous market for buyers. Photo by CPQNN VIA GETTY IMAGESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorA few surprising pockets have emerged around the country where those looking for their new dream home have a real chance to strike a deal.Seven of the 23 biggest Canadian cities and regions emerged with the perfect mix of falling prices and sales, meaning there is plenty of cheaper supply at the moment, according to a report by real estate platform Zoocasa Inc.Most notably, home prices have fallen 8.1 per cent in the Niagara Region in Ontario, while sales have fallen 6.4 per cent, marking it the country’s most advantageous market for buyers.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againOther opportunity spots include Greater Vancouver, where prices have fallen three per cent and sales are down 2.9 per cent, and Hamilton-Burlington, where prices and sales have dropped 6.2 per cent and 0.7 per cent, respectively.Other buyer-market regions include Sudbury, Ont., Gatineau, Que., Regina and the Fraser Valley of British Columbia.“For buyers who’ve been waiting for more selection and more negotiating power, these markets are worth watching closely,” Zoocasa said in the report.As a whole, Canadian home prices were up 2.2 per cent year over year in April to an average of $695,412, according to the Canadian Real Estate Association (CREA).Home sales were up 0.7 per cent month over month in April, with activity expected to be even stronger in May.“Notwithstanding April’s bounce-back, the housing market continues to face several headwinds, like weak population growth, elevated supply in key regions and shaky job markets,” Rishi Sondhi, an economist at Toronto-Dominion Bank, said in a note last week. “These factors suggest 2026 could be another subdued year for Canadian housing.”There are, however, areas that are particularly hot right now, mostly in Quebec.Saguenay, Quebec City, Sherbrooke and Montreal are among the regions where both housing prices and sales are on the upswing, along with Thunder Bay, Ont., and Newfoundland and Labrador.“Mid-priced cities are posting double-digit price gains, several higher-priced regions are seeing meaningful corrections and a handful of markets are quietly heating up across both prices and sales,” the Zoocasa report said. Sign up here to get Posthaste delivered straight to your inbox.Canada’s inflation rate ticked higher to 2.8 per cent in April, largely on the back of high energy prices related to the war in Iran.The Consumer Price Index for the month represents the highest rate since May 2024, though it still came in lower than Bank of Canada expectations.The price of food climbed 3.8 per cent in the month, while fuel costs from transportation were up 7.6 per cent.The central bank predicts inflation will return to its target of two per cent by early 2027.2 p.m.: U.S. Federal Reserve releases its minutes from its latest interest rate decisionToday’s data: Monthly credit aggregates for MarchEarnings: Nvidia Corp., Lowe’s Companies Inc., Target Corp.There are several reasons why a child would choose to live at home into their adult life, but things can get messy when one sibling moves out and the parents pass away. If the child who stayed home refuses to leave, a potentially sizable inheritance can be in a tricky spot. It’s important for the parents to have a plan in case of this scenario, write Edward Olkovich and Julie Cazzin. Read more here.Interested in energy? The subscriber-only FP West: Energy Insider newsletter brings you exclusive reporting and in-depth analysis on one of the country’s most important sectors. Sign up here.Are you worried about having enough for retirement? Do you need to adjust your portfolio? Are you starting out or making a change and wondering how to build wealth? Are you trying to make ends meet? Drop us a line at wealth@postmedia.com with your contact info and the gist of your problem and we’ll find some experts to help you out while writing a Family Finance story about it (we’ll keep your name out of it, of course).Want to learn more about mortgages? Mortgage strategist Robert McLister’s Financial Post column can help navigate the complex sector, from the latest trends to financing opportunities you won’t want to miss. Plus check his mortgage rate page for Canada’s lowest national mortgage rates, updated daily.Visit the Financial Post’s YouTube channel for interviews with Canada’s leading experts in business, economics, housing, the energy sector and more.Today’s Posthaste was written by Ben Cousins with additional reporting from Financial Post staff and Bloomberg.Have a story idea, pitch, embargoed report, or a suggestion for this newsletter? Email us at posthaste@postmedia.com.Bookmark our website and support our journalism: Don’t miss the business news you need to know — add financialpost.com to your bookmarks and sign up for our newsletters here Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.
Posthaste: The surprising pockets where homebuyers now have the advantage
A few surprising pockets have emerged around the country where those looking for their new dream home can strike a deal. Read more.






