Tariff uncertainty foils 'slam dunk rebound year' for national home sales: CREA
- CREA downgraded its 2025 forecast for home sales activity, according to an April 15, 2025, report.
- Previous forecasts anticipated a resurgent market, driven by interest rate cuts and easing mortgage rules.
- March saw a 9.3 per cent year-over-year drop in homes sold and a 4.8 per cent month-over-month sales decrease.
- CREA's Shaun Cathcart stated the market has shifted to "treading water at best."
- CREA now anticipates 482,673 residential property sales, nearly unchanged from 2024 and less than January's forecast, due to economic uncertainty.
36 Articles
36 Articles

Tariff uncertainty foils ‘slam dunk rebound year’ for national home sales: CREA
The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2025, while the number of homes that changed hands across the country in March was down 9.3 per cent compared with a year ago.

Tariff uncertainty foils 'slam dunk rebound year' for national home sales: CREA
Breaking News, Sports, Manitoba, Canada
Housing sales are recovering – Samuli Hyvi, who bought a two-bedroom apartment: Even middle-income earners can save money by buying cheaply and renovating themselves
More housing transactions have been made in the first half of the year than last year. New mortgage applications have also increased. However, the budding growth may be frozen by the uncertainty caused by Trump's tariffs.
Coverage Details
Bias Distribution
- 61% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage