National home prices in Canada fell 3% year over year in March, with six of 13 major markets showing declines. Halifax joined cities like Ottawa, Hamilton, Toronto, Vancouver, and Victoria in price drops. Prairie markets saw modest gains, while Montreal and Quebec City posted strong increases. Townhouses and condos experienced the steepest price declines, while detached homes saw a smaller 3% drop. Market outlook remains uncertain due to economic and geopolitical factors.
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