The most recent data from Canadian Real Estate Association (CREA) paints a picture of a Canadian housing market that has neither collapsed nor convincingly recovered. After a period of volatility shaped by rate fluctuations, shifting population dynamics, labour-market softness, and global trade uncertainties, the market appears stuck in a sort of limbo — stable enough to avoid a crash, yet lacking the momentum for a strong rebound.  

Many households are feeling the squeeze as economic and policy pressures test what they can realistically afford. Buyers are hesitant; interest-rate sensitivity, broader economic uncertainty, and cautious consumer behavior have hampered robust market activity. The article suggests that declaring an “inflection point” now may be premature — the current data doesn’t yet demonstrate a clear and sustained upward trend.

Source: Real Estate Magazine