The Canadian real estate market slowed down at the end of 2025
The Realtors Association predicts sales will recover by the spring season.
The Canadian Real Estate Association is forecasting a housing market rebound with the arrival of the spring 2026 season, despite a slowdown in activity at the end of last year.
December Sales Performance
In December 2025, the number of residential properties sold across the country dropped by 4.5 percent compared to the same period the previous year. According to seasonally adjusted data, the decline from November was 2.7 percent.
2025 Year in Review
Throughout 2025, there were 470,314 real estate transactions recorded, which was 1.9 percent lower than the 2024 figure. Association representatives attribute this decline to several factors, including a buyer exodus in the first quarter amid tariff concerns. The market subsequently showed recovery in the middle of the year, but by the end of the period had entered stagnation once again.
Pricing Situation
The average price of a home sold in December reached $673,335, which was virtually unchanged from December 2024 levels with a minimal deviation of 0.1 percent.
Market Inventory
The number of new listings decreased by two percent compared to the previous month, continuing a downward trend for the fourth consecutive month. By the end of December, there were 133,495 properties on the Canadian market—7.4 percent more than a year ago, but 9.9 percent below the long-term average for this time of year.
