US EditionHome buyers and sellers rethinking plans amid economic uncertainty, tariff tumult
- Home buyers and sellers across North America are reconsidering decisions amid economic uncertainty and tariff-driven market disruptions in early 2025.
- Tariffs imposed during the U.S.-Canada trade conflict and weak real estate performance in Q1 have prompted economists to lower home sales and price forecasts, especially in Ontario.
- Sellers have adapted to lower price expectations after a prolonged market stalemate, while buyers remain cautious, awaiting further price declines and clarity post-federal election.
- Data shows increasing home listings and price reductions nationally alongside elevated mortgage rates near 6.7%, creating mixed signals amid persistent affordability challenges.
- These dynamics suggest a slower housing market with potential for modest recovery depending on economic developments, tariffs, and interest rates through 2025.
60 Articles
60 Articles
Pending home sales down in Hampton Roads, experts say federal workforce layoffs could be a reason
VIRGINIA BEACH, Va. (WAVY) — Pending home sales are down in the Virginia Beach metro area, according to new data released by Realtor.com. Experts believe part of the reason for the drop in pending home sales in the Hampton Roads area is because of federal workforce layoffs. "Pending sales for the Virginia Beach metro were down pretty considerably," said Realtor.com senior economist Joel Berner. "I see 14.2% in March." The Hampton Roads region…
More homes are finally hitting the spring market. Will buyers take the plunge?
It’s springtime, and “For Sale” signs are popping up in front of homes across the country.But with so much uncertainty in the economy, it’s an open question whether the spring housing market will be hot … or not. Let’s check out the forecast.Mortgage rates and home prices are both highIt’s certainly not the cheapest time to buy a home. The average 30-year mortgage rate is now 6.65%, down a bit from January, but still pretty high.Many analysts pr…
100 Days Into 2025: Different day, same property crisis - 'dream of home ownership out of the reach of more people'
As we approach the first 100 days of 2025, I can't help but wonder if we're all stuck in some sort of property market Groundhog Day.We seem to wake up to another headline about 'revolutionary' housing initiatives most days, which is great except so far, we’re yet to see any impact.If only solving the housing crisis were as simple as repeating buzzwords at dispatch boxes.I regularly witness the real-world impact of property policies, and I can te…
Some buyers want to start moving into their future home before they really own it. At what risk do the sellers who accept it face? Answer by Jean-Luc Brulard, real estate agent, in the show Le Grand rendez-vous de l'immobilier (Capital/Radio Immo).
Coverage Details
Bias Distribution
- 66% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
