05/27/2025
National home resales stabilized in April, down 0.1% from March following a sharp cumulative 19% decline over the previous four months. The U.S. administration’s decision to spare Canada from additional tariffs last month could boost confidence and attract buyers in coming months.
Two important trends emerged in Canada’s housing market in April. First, the full impact of trade tensions on buyer sentiment may be nearing its peak and second, a price correction is taking place, particularly in the country’s most expensive markets. National home resales stabilized in April, d...