Canadian Housing Market Conditions Expected to Shift in 2023

Real Estate Market Forecast 2025 Canada. The 2025 real estate market forecast and the Home of the Week Canadian real estate news for The Canadian Real Estate Association (CREA) forecasts a rebound in the housing market for 2025 CREA's next forecast will be published on Tuesday, April 15, 2025.

Commercial Real Estate Market Share, Trend, Forecasts to 2033
Commercial Real Estate Market Share, Trend, Forecasts to 2033 from www.sphericalinsights.com

But for now, at least, we have an idea of what might be in store At the same time, the national average home price is projected to rise by 4.4 percent to $713,375 in 2025.

Commercial Real Estate Market Share, Trend, Forecasts to 2033

According to CREA, home sales are forecast to climb by 6.6 per cent in 2025, with 499,800 units expected to change hands. In its Housing Market Outlook for 2025, the CMHC has indicated that, while the economy is expected to grow at a modest pace, factors like lower mortgage rates and updated mortgage rules will. Explore the future of Canada's housing market based on the latest trends and indicators on new homes, resales and rentals.

The 2025 real estate market forecast and the Home of the Week Canadian real estate news for. Let's hope that it's a little less turbulent ride in the next few years than it has been in the past few. Home sales are projected to grow by 6% in the first half of 2025, before moderating to 1.3% in the second half.

What Are The 5 Top Insights From The Residential Real Estate Market Forecast 2023 Latest. Looking ahead, the Canadian real estate market is expected to see a solid pickup in activity in 2025, driven by lower borrowing costs, supportive federal policies, and improving economic conditions In its Housing Market Outlook for 2025, the CMHC has indicated that, while the economy is expected to grow at a modest pace, factors like lower mortgage rates and updated mortgage rules will.