Monday, 7 July 2025

Market Media Monday for July 7, 2025

A curated list of recent headlines relevant to real estate in Canada, with short excerpts. Click each headline link to read the full article on the source site.

Homeownership costs in Canada fall to most affordable level in three years ]
"It hasn’t been this affordable to own a home in Canada in three years, according to RBC Economics. Its latest national affordability measure dropped to 55.1% in the first quarter of 2025, down from 60.7% a year ago. The improvement was driven by interest rate cuts, small declines in home prices, and steady household income growth."

Posthaste: Canada home prices seen falling further as tariff war deepens downturn ]
"Canada’s housing market showed signs of life in May when sales rose for the first time in about six months, leading some to hope the long-awaited turnaround had finally arrived. But some economists are warning this “breather” will be short-lived and the housing downturn will continue through the year."

Could population decline spell trouble for Canada’s housing market? ]
". . . with the Canadian federal government now trimming immigration targets for the years ahead, that steady stream of new would-be buyers and renters is no longer guaranteed, and the condo markets in those two cities are already in the midst of a sharp correction."






















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