National home sales show nearly 10% decline in April
Thursday, May 15, 2025, 11:21 am
New figures from the Canadian Real Estate Association reveal that home sales fell by almost 10% in April compared to last year, a drop attributed to lingering tariff uncertainties. The market slowdown underscores buyer hesitancy and injects a dose of economic skepticism into an already cautious outlook.
Selon un économiste, l’incertitude liée aux droits de douane continue de tenir les acheteurs à l’écart.
The tightest segment remains single-family detached homes, which has just dipped out of a seller's market.
Airdrie resale home sales fall about eight per cent year over year in April.
CREA senior economist Shaun Cathcart said tariff-related uncertainty is continuing to keep buyers on the sidelines
The Canadian Real Estate Association says home sales in April fell 9.8 per cent compared with the same month last year, as the national housing market has returned “to the quiet markets we’ve experienced since 2022.” A total of 44,300 residential properties changed hands across Canada last month,…
permalink / 5 stories from sources in 30 hours ago #economy #finance #housing #business
More Top Stories...
Ottawa Hosts U.S. Diplomat, Trump Rival Amid Tariff Tussle
In Ottawa, preparations are underway for a high-stakes diplomatic event as the U.S. ambassador and Trump’s former presidential rival address global business leaders amidst ongoing tariff tensions. Expect plenty of diplomatic nuance mixed with a dash of political spectacle and cheeky commentary. More...
Liberal recount confirms razor-thin win in Milton East riding
A judicial recount in the federal riding of Milton East–Halton Hills South has confirmed a razor-thin Liberal victory, with the vote margin narrowing to just 21 votes. The result, while barely tipping in one direction, stokes political suspense as the governing party remains just shy of a majority. More...
Alberta Premier Danielle Smith launches major cabinet shuffle amid political pressures
Alberta Premier Danielle Smith is set to reshuffle her cabinet in a swift political realignment following recent legislative debates. The move is aimed at refreshing leadership and stabilizing governance as internal party dynamics evolve in turbulent times. More...
Calgary Business Warns Economic Damage from Alberta Separation Referendum
Leaders from Calgary’s business community have sharply criticized the proposed Alberta separation referendum. They warn that such a move would inflict lasting economic harm on both Alberta and Canada, undermining investor confidence and destabilizing regional markets, no matter the eventual outcome. More...
Wildfires rage across eastern Manitoba cottage areas
Firefighters continue their valiant battle against out-of-control wildfires in eastern Manitoba, with flames consuming thousands of hectares amid popular cottage regions. The situation took a tragic turn when authorities discovered bodies amid the ashes, sparking urgent responses and grim reflections on the escalating crisis. More...
Related Tags
Economy
Calgary Business Warns Economic Damage from Alberta Separation Referendum (4 hours ago)
Walmart braces for rising prices amid tariff pressures (32 hours ago)
ATCO CEO warns separatism debate is harming investments (46 hours ago)
Finance
Ontario Increases Autism Funding Amid Financial Scrutiny (1 hour ago)
Hudson’s Bay brand sale lands $30M deal with Canadian Tire (23 hours ago)
Ontario Tabled 2025 Budget Ignites Heated Fiscal Debate (24 hours ago)
Housing
Nova Scotia clinches $170M housing infrastructure deal (26 hours ago)
Montreal Mayoral Candidate Faces Heat Over Rental Deposit Error (4 days ago)
Carney Government’s Bold Housing Pledge Draws Strategic Scrutiny (4 days ago)
Business
Calgary Business Warns Economic Damage from Alberta Separation Referendum (4 hours ago)
Hudson’s Bay brand sale lands $30M deal with Canadian Tire (23 hours ago)
Record-breaking BC lottery jackpot spurs life change move (25 hours ago)