Fall market trends

AT A GLANCE

Buyers Show Optimism and Sellers Adjust Their Expectations as Market Conditions Shift

Is the affordability improving?
Could a boost in inventory entice cautious buyers to jump in action?

54% of Canadians believe this fall is a good time to strike a deal on a home. Current numbers indicate an increase in conditional sales.

Atlantic Canada and the Prairies experienced year-over-year price gains between January 1-July 31, across all markets analyzed, while Ontario and British Columbia saw declines in two-thirds of markets.

64.8% of housing markets experienced a year-over-year decline in sales and a rise in price reductions and conditional sales.

Average home prices are expected to decrease by 6.5 per cent this fall, while sales are expected to decrease by five per cent by the end of 2025.