Canadian Luxury Real Estate Strongholds Defy Trade War Turmoil
8 Articles
8 Articles
Canadian Luxury Real Estate Strongholds Defy Trade War Turmoil
Toronto , May 07, 2025 (GLOBE NEWSWIRE) -- 2025 First Quarter Highlights A fragile rebound in consumer confidence and real estate activity unravelled in the first quarter of 2025, as the escalating Canada–U.S. trade war and threats to the Canadian economy sidelined homebuyers and sellers, leaving only isolated pockets of resilience in the housing market. The Greater Toronto Area ultra-luxury residential market defied broader regional housing t…
Luxury home sales cool in Vancouver, but GTA’s top-tier sees jump: Sotheby’s
The ultra-luxury market for properties in the Greater Toronto Area priced over $ 10-million stood out as one of the country’s rare bright spots in an otherwise subdued first quarter of 2025, according to a new report from Sotheby’s Canada. Between January and March 2025, five properties sold for more than $10-million on MLS, compared to none during the same quarter in 2024. While overall GTA sales of homes over $4-million declined by 15 per cent…
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