# Canadian Home Sales Drop in September

> Canadian home sales fell 2.3% month-over-month in September 2026 as mortgage rates rose.
- Title: Canadian Home Sales Drop in September · Financialpost
- Summary: Canadian home sales fell 2.3% month-over-month in September 2026 as mortgage rates rose. Canadian home sales declined 2.3% month-over-month in September 2026…
- Keywords: canadian home sales, mls systems, mortgage rates, crea, bank of canada, housing market, money, business, Canadian, Home, Sales, Drop
- Source: Financialpost — https://financialpost.com/globe-newswire/canadian-home-sales-pull-back-in-september
- Read time: 1 min
- Topics: canadian home sales, mls systems, mortgage rates, crea, bank of canada, housing market, money, business
## September Home Sales
Canadian home sales fell 2.3% month-over-month in September 2026.
## Monthly Sales Decline
National home sales declined by 2.3% month-over-month, down 7.7% from September 2025.
## New Listings Drop
Newly listed properties fell 1.8% month-over-month in September 2026.
## Price Index Decline
The MLS® Home Price Index edged down 0.4% month-over-month and was down 3.4% year-over-year.
## Price Drop
The national average sale price fell 1.6% year-over-year in September 2026.
## Market Uncertainty
Shaun Cathcart, CREA’s Senior Economist, warned of housing market uncertainty as mortgage rates rose.
## Next Steps
Housing market uncertainty may push buyers back to the sidelines until mortgage rates stabilize.
## Key takeaway

Canadian home sales declined 2.3% month-over-month in September 2026 amid rising mortgage rates.