Market Dynamics
The Canadian Real Estate Association (CREA) projects a 4.7% increase in average home values for 2025, potentially reaching $722,221 by year-end. However, this national outlook masks significant regional disparities, with some areas experiencing growth while others face declines
Trade tensions, particularly with the United States, have introduced economic uncertainties that are impacting buyer confidence. The imposition of tariffs and the resulting trade disputes have led to a cautious approach among potential homebuyers, contributing to decreased sales activity in certain regions