Home prices in several Canadian markets are falling, with national prices down 2% year-over-year. Five major markets, including Hamilton, Toronto, Vancouver, Victoria, and Ottawa, now show annual declines. Hamilton and Toronto saw 6% drops, while Ottawa's prices fell 1%. Condos led declines with a 5% drop nationally, followed by townhouses at 5%, semi-detached at 3%, and detached homes at 2%. Ottawa's market remains relatively stable.
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