<div id="readability-page-1">06:53 AM EST, 01/16/2026 (MT Newswires) -- Canadian home prices continue to drift lower as the market reverts back to income, interest rate and cash flow fundamentals, said Bank of Montreal (BMO).All markets are different, but national prices finished 2025 down 4.0% from the prior year, noted the bank.From three years ago, prices have fallen 1.4% annualized, the starting point of which was already almost a year into the downturn. From five years ago (starting point during the run-up), prices are now up a modest 2.2% annualized, pointed out BMO.While positive, BMO recalled that inflation over that period has run at 3.7% annualized, leaving real home prices contracting.In fact, in real terms, home prices are now roughly unchanged from where they were nine years ago, added the bank.There is a generation right now realizing that real estate can be a massive wealth creator, but it can also lock in capital and suck up cash flow for prolonged periods, according to BMO.Hence the lack of urgency of new buyers to get into the market right now, and the lack of investor interest. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

蒙特利爾銀行

蒙特利爾銀行報告稱，由於負擔能力問題和利率上升，加拿大房價正在下降。2025 年全國房價下降了 4.0%，三年內年化降幅為 1.4%。儘管五年內房價上漲了 2.2%，但 3.7% 的通貨膨脹導致實際房價收縮。目前，房價與九年前相似，這使得新買家猶豫不決，並減少了投資者對市場的興趣

蒙特利爾銀行指出，由於可負擔性問題和利率對需求的壓力，加拿大的房價正在逐漸下滑