Canada’s housing market looks calm on the surface, but don’t be fooled. Beneath the near standstill in March 2026 lies a market wrestling with pressure, hesitation and shifting momentum. National home sales barely moved, slipping just 0.1% month-over-month. At a glance, that suggests stability. But zoom out, and the cracks start to show. Actual sales dropped 2.3% compared to March 2025, while the average home price settled at $673,084, down 0.8% year-over-year. The broader pr