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Housing resales to pull back by 3.5% in 2025: RBC

Housing resales to pull back by 3.5% in 2025: RBC

At the start of the year, RBC anticipated that interest rate cuts would spur activity and push prices slightly higher. But, with an unexpected trade war suppressing sales and prices in Canada’s biggest regions, market conditions have been weaker than expected. In a...
Why Canada’s condo market is unraveling

Why Canada’s condo market is unraveling

After a wave of rapid expansion, Canada’s condominium market is facing a dramatic reversal, as a glut of unsold inventory and a sharp retreat by investors have triggered a sector-wide slowdown. A report from the Canada Mortgage and Housing Corporation in June found...