{"id":1998,"date":"2023-02-15T20:45:48","date_gmt":"2023-02-15T20:45:48","guid":{"rendered":"https:\/\/www.rbc.com\/en\/economics\/2023\/02\/15\/home-prices-still-dropping-across-canada\/"},"modified":"2025-03-26T04:54:42","modified_gmt":"2025-03-26T04:54:42","slug":"home-prices-still-dropping-across-canada","status":"publish","type":"post","link":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/monthly-housing-market-update\/home-prices-still-dropping-across-canada\/","title":{"rendered":"Home prices still dropping across Canada"},"content":{"rendered":"<p>Weakening housing trends remain the central theme early in 2023 across Canada. Home resales and prices fell again nationally and in the majority of markets in January, extending nearly year-long slides. The latest data confirmed the pace of decline has slowed since the fall for resales\u2014pointing to a nearby bottom. But so far there are few indications the price correction has run its course. The national composite MLS Home Price Index fell 1.9% m\/m in <\/p>\n<p>January, which represented a slight acceleration from the 1.6% average decline in the prior five months. We expect property values to fall further in the near term as buyers contend with persistent affordability issues. <\/p>\n<div id=\"everviz-sq-XAi3uI\" class=\"everviz-sq-XAi3uI\"><script src=\"https:\/\/app.everviz.com\/inject\/sq-XAi3uI\/?v=3\" defer=\"defer\"><\/script><\/div>\n<h4>BC and Ontario under pressure<\/h4>\n<p>The situation in BC and Ontario is particularly tense. January activity was the weakest in 14 years in both provinces. Demand-supply conditions have been soft since summer, leading to material price declines. The MLS HPI is down 12% since the cyclical peak in BC and 18% in Ontario\u2014both exceeding the 15% drop nationally. Prices in some local markets have slumped even more, including London (-26%), Cambridge (-25%), Kitchener-Waterloo (-25%), Brantford (-24%), Hamilton (-23%), the Niagara region (-20%) and Barrie (-20%). The slide continued largely unabated in January for the most part.  <\/p>\n<div id=\"everviz-eluH9riCO\" class=\"everviz-eluH9riCO\"><script src=\"https:\/\/app.everviz.com\/inject\/eluH9riCO\/?v=3\" defer=\"defer\"><\/script><\/div>\n<h4>Other regions feeling it too<\/h4>\n<p>But the price correction extends well beyond BC and Ontario. The MLS HPI is down since the cyclical peak in all but one province (Newfoundland and Labrador, where the index is still trending upward) in the rest of the country. It\u2019s just the magnitude of the decline so far has been more muted\u2014between -10% (Manitoba) and -1% (Saskatchewan). The vast majority of markets outside BC and Ontario recorded a further decline in January. It was in fact Quebec City that surprisingly posted the biggest monthly drop (-6.3%) in the country. Saint John (up 2.3% m\/m), Saskatoon (up 1.5%), Halifax-Dartmouth (up 1.4%) and Calgary (up 0.4%) are among the few markets where prices rose from their December level. <\/p>\n<div id=\"everviz-0to7cTqt8\" class=\"everviz-0to7cTqt8\"><script src=\"https:\/\/app.everviz.com\/inject\/0to7cTqt8\/?v=3\" defer=\"defer\"><\/script><\/div>\n<h4>More downside in view<\/h4>\n<p>Indications that activity is levelling off in Ontario and may soon do so in other regions suggest the housing market correction in Canada is likely in a late stage. Still, we see downward price pressure continuing across most of the country in the coming months. The Bank of Canada\u2019s 25 basis-point increase in its policy rate in January\u2014the last hike this cycle in our opinion\u2014will keep things challenging for buyers from coast to coast. We believe prices in BC have the biggest downside at this stage given the extremely poor affordability situation in the province, high sensitivity to interest rates and soft demand-supply conditions. Massive earlier gains in Ontario also leave plenty of room for prices to fall deeper in several markets, including the Greater Toronto Area, although we think most of the correction is behind us.  <\/p>\n<h4>Supply side watch<\/h4>\n<p>While climbing 3.3% m\/m in January, new listings in Canada are still trending lower. We expect that trend to reverse as the end of the Bank of Canada\u2019s rate hike campaign prompts more sellers to list their properties. Higher interest rates may also press a number of current owners to sell if mortgage payments become unmanageable. To date, mortgage delinquency rates have remained exceptionally low across Canada (at just 0.14%). <\/p>\n<hr>\n<p><a href=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2025\/03\/housing-mhm.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2025\/03\/housing-mhm.jpg\" alt=\"\" width=\"870\" height=\"330\" class=\"alignleft size-full wp-image-44049\" \/><\/a><\/p>\n<div class=\"rds-callout-white\" style=\"border: 1px solid #c4c8cc;\">\n<div class=\"rds-gcw\">\n<div class=\"img w-mob-100\" style=\"display: inline-block; vertical-align: top;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-30186\" src=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2025\/03\/econ-download-1.png\" alt=\"\" width=\"261\" height=\"177\" \/><\/div>\n<div class=\"rds-inline pad-hlf\" style=\"display: inline-block; vertical-align: top;\">\n<h4 class=\"mar-t\">See PDF with complete charts<\/h4>\n<p><a class=\"btn tertiary\" style=\"text-decoration: none;\" role=\"button\" href=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/4\/2024\/11\/Canadian-housing-market-resales-in-JANUARY-2023.pdf\" target=\"_blank\" rel=\"noopener\">Download<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weakening housing trends remain the central theme early in 2023 across Canada.<\/p>\n","protected":false},"author":265,"featured_media":1996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[83,38,50],"tags":[11,17],"class_list":["post-1998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-analysis","category-canadian-housing","category-monthly-housing-market-update","tag-economy","tag-housing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Home prices still dropping across Canada - RBC Economics<\/title>\n<meta name=\"description\" content=\"Weakening housing trends remain the central theme early in 2023 across Canada. - RBC Economics\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home prices still dropping across Canada\" \/>\n<meta property=\"og:description\" content=\"Weakening housing trends remain the central theme early in 2023 across Canada. - RBC Economics\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/\" \/>\n<meta property=\"og:site_name\" content=\"RBC Economics\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-15T20:45:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-26T04:54:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1236\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Robert Hogue\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Robert Hogue\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/\"},\"author\":{\"name\":\"Robert Hogue\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/e6e0ef1a11cb313ad00f17bd5cca916d\"},\"headline\":\"Home prices still dropping across Canada\",\"datePublished\":\"2023-02-15T20:45:48+00:00\",\"dateModified\":\"2025-03-26T04:54:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/\"},\"wordCount\":550,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80\",\"keywords\":[\"Economy\",\"Housing\"],\"articleSection\":[\"Canadian Analysis\",\"Canadian Housing\",\"Monthly Housing Market Update\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/\",\"url\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/\",\"name\":\"Home prices still dropping across Canada - RBC Economics\",\"isPartOf\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80\",\"datePublished\":\"2023-02-15T20:45:48+00:00\",\"dateModified\":\"2025-03-26T04:54:42+00:00\",\"author\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/e6e0ef1a11cb313ad00f17bd5cca916d\"},\"description\":\"Weakening housing trends remain the central theme early in 2023 across Canada. - RBC Economics\",\"breadcrumb\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#primaryimage\",\"url\":\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80\",\"contentUrl\":\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80\",\"width\":2560,\"height\":1236},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rbc.com\/en\/economics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Home prices still dropping across Canada\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#website\",\"url\":\"https:\/\/www.rbc.com\/en\/economics\/\",\"name\":\"RBC Economics\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rbc.com\/en\/economics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/e6e0ef1a11cb313ad00f17bd5cca916d\",\"name\":\"Robert Hogue\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/79e3d54e2eda3d613e8a2567ce53732ce37a3e2618ea991983962f8e314a6efd?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/79e3d54e2eda3d613e8a2567ce53732ce37a3e2618ea991983962f8e314a6efd?s=96&d=mm&r=g\",\"caption\":\"Robert Hogue\"},\"url\":\"https:\/\/www.rbc.com\/en\/economics\/author\/roberth\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Home prices still dropping across Canada - RBC Economics","description":"Weakening housing trends remain the central theme early in 2023 across Canada. - RBC Economics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/","og_locale":"en_US","og_type":"article","og_title":"Home prices still dropping across Canada","og_description":"Weakening housing trends remain the central theme early in 2023 across Canada. - RBC Economics","og_url":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/","og_site_name":"RBC Economics","article_published_time":"2023-02-15T20:45:48+00:00","article_modified_time":"2025-03-26T04:54:42+00:00","og_image":[{"width":2560,"height":1236,"url":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80","type":"image\/jpeg"}],"author":"Robert Hogue","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Robert Hogue","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#article","isPartOf":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/"},"author":{"name":"Robert Hogue","@id":"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/e6e0ef1a11cb313ad00f17bd5cca916d"},"headline":"Home prices still dropping across Canada","datePublished":"2023-02-15T20:45:48+00:00","dateModified":"2025-03-26T04:54:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/"},"wordCount":550,"commentCount":0,"image":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80","keywords":["Economy","Housing"],"articleSection":["Canadian Analysis","Canadian Housing","Monthly Housing Market Update"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/","url":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/","name":"Home prices still dropping across Canada - RBC Economics","isPartOf":{"@id":"https:\/\/www.rbc.com\/en\/economics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#primaryimage"},"image":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80","datePublished":"2023-02-15T20:45:48+00:00","dateModified":"2025-03-26T04:54:42+00:00","author":{"@id":"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/e6e0ef1a11cb313ad00f17bd5cca916d"},"description":"Weakening housing trends remain the central theme early in 2023 across Canada. - RBC Economics","breadcrumb":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#primaryimage","url":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80","contentUrl":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80","width":2560,"height":1236},{"@type":"BreadcrumbList","@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/home-prices-still-dropping-across-canada\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.rbc.com\/en\/economics\/"},{"@type":"ListItem","position":2,"name":"Home prices still dropping across Canada"}]},{"@type":"WebSite","@id":"https:\/\/www.rbc.com\/en\/economics\/#website","url":"https:\/\/www.rbc.com\/en\/economics\/","name":"RBC Economics","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rbc.com\/en\/economics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/e6e0ef1a11cb313ad00f17bd5cca916d","name":"Robert Hogue","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/79e3d54e2eda3d613e8a2567ce53732ce37a3e2618ea991983962f8e314a6efd?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/79e3d54e2eda3d613e8a2567ce53732ce37a3e2618ea991983962f8e314a6efd?s=96&d=mm&r=g","caption":"Robert Hogue"},"url":"https:\/\/www.rbc.com\/en\/economics\/author\/roberth\/"}]}},"author_meta":{"display_name":"Robert Hogue","author_link":"https:\/\/www.rbc.com\/en\/economics\/author\/roberth\/"},"featured_img":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80&w=300","jetpack_featured_media_url":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Banner-wide-513-scaled-1.jpg?quality=80","coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/canadian-analysis\/\" class=\"advgb-post-tax-term\">Canadian Analysis<\/a>","<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/canadian-analysis\/canadian-housing\/\" class=\"advgb-post-tax-term\">Canadian Housing<\/a>","<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/canadian-analysis\/canadian-housing\/monthly-housing-market-update\/\" class=\"advgb-post-tax-term\">Monthly Housing Market Update<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Canadian Analysis<\/span>","<span class=\"advgb-post-tax-term\">Canadian Housing<\/span>","<span class=\"advgb-post-tax-term\">Monthly Housing Market Update<\/span>"]},"tags":{"linked":["<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/canadian-analysis\/canadian-housing\/monthly-housing-market-update\/\" class=\"advgb-post-tax-term\">Economy<\/a>","<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/canadian-analysis\/canadian-housing\/monthly-housing-market-update\/\" class=\"advgb-post-tax-term\">Housing<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Economy<\/span>","<span class=\"advgb-post-tax-term\">Housing<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 3 years ago","modified":"Updated 1 year ago"},"absolute_dates":{"created":"Posted on February 15, 2023","modified":"Updated on March 26, 2025"},"absolute_dates_time":{"created":"Posted on February 15, 2023 8:45 pm","modified":"Updated on March 26, 2025 4:54 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/posts\/1998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/users\/265"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/comments?post=1998"}],"version-history":[{"count":0,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/posts\/1998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/media\/1996"}],"wp:attachment":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/media?parent=1998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/categories?post=1998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/tags?post=1998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}