April 15, 2025, 10:21 am
The Canadian Real Estate Association (CREA) has signaled that ongoing tariff uncertainty is undermining a much-anticipated rebound in national home sales. Recent data revealed a significant downturn in the number of homes changing hands, suggesting that market sentiment remains fragile amid global trade tensions. This development underscores the broader economic impact of tariff-related anxieties on consumer confidence and the residential property market across the country.
Bluesky: @winnipegfreepress.com
The national average home price in Canada was $678,331 in March 2025, down 3.7 per cent from March 2024, the Canadian Real Estate Association said.
The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2025, while the number of homes that changed hands across the country in March was down 9.3 per cent compared with a year ago. The association says Canadian home sales in March also fell 4.8 per cent on a...
The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2025, while the number of homes that changed hands across the country in March was down 9.3 per cent compared with a year ago. The association said Canadian home sales in March also fell 4.8 per cent on a...
5 stories from 5 sources in 17 hours ago ... #economy #trade #business #tariffs #federal #housing
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