Quick hits
- 54 percent of the Canadians believe that this fall is a good time to close a deal on a house.
- Atlantic Canada and the prairies have an annual year on an annual basis on all an analyzed markets on an annual basis on an annual basis on 1 January, while Ontario and BC saw falls in two-thirds of the markets.
- 64.8 percent of the housing markets experienced a decrease in turnover on an annual basis, with RE/Max Canada Brokers and Agents noticed an increase in price reductions and conditional turnover in 2025.
- The average house prices are expected to fall by 6.5 percent this fall, while the turnover is expected to fall by five percent by the end of 2025.
After a slow start up to 2025, improved affordability and higher inventory can withdraw cautious buyers, but probably not enough to reduce the home prices and sale to a positive area, according to RE/Max Canada’s Update 2025 Fall Housing Market.
Between January 1 and July 31, the turnover fell on an annual basis in 62 percent of the markets, which reflects a broader economic unrest.
Price trends varied: Atlantic Canada and the Prairies saw profits such as the offer, preference for sellers, while most major centers in Ontario and British Columbia decreased as the offers rose.
RE/Max expects the national average prices to fall 6.5 percent this fall, with the sale of houses by five percent until the end of the year.
“The Real Estate Landscape of Canada paints a complex picture of resilience and caution, influenced by regional nuances and constant economic uncertainty,” said Don Kottick, president of Re/Max Canada. “From sellers powered by sellers in a large part of Atlantic Canada and the prairies to buyers -friendly conditions in Ontario and BC, the housing market of the country reflects a delicate balance.”
First buyers: a changing profile
In 2024, buyers led the sale in most Canadian markets for the first time. But in 2025, families, newcomers and pensioners stimulate, while First-timers take a step back, according to RE/Max Brokers.
An army of survey commissioned by RE/Max showed that only seven percent of the Canadians intend to buy their first home in the following year. This group is trending older – 20 to 40s – that shows affordability challenges and the growing complexity of entering the market.
Their finances also vary: 28 percent have saved at least 20 percent for a down payment, 33 percent at least 15 percent and 13 percent at least 10 percent. Only one in 10 reported the receipt of gifted money, in which many turn to disciplined saving, co-ownership or other non-traditional strategies.
Of the 12 percent of the Canadians who are planning to buy a house the following year, most wait at the right time. Two-thirds says that a decrease in prices by 5-10 percent or a modest reduction in interest rates would push them to act.
Sellers must find a balance between timing and realism
As the economic uncertainty lingers and the Canadian housing market continues to shift, Re/Max brokers and agents agree that sellers who come to the table with a clear strategy are more likely to find success. This means realistic prices, smart staging and a good understanding of local market conditions.
Eight percent of the Canadians say that they are planning to sell their house in the following year, and among them the trust is strong. According to the army Survey, 63 percent believe they can secure their asking price.
Temperature control on the economy
Confidence in the housing market of Canada is gradually improving, with 46 percent of the respondents of the survey expected that the economy will remain stable in the coming six months, while 38 percent consider the current economy strong.
Real estate is still seen as a reliable investment, in which 92 percent of homeowners see their property as a solid long -term active. This trust continues to exist despite affordability problems and broader economic uncertainty.
Government actions also feeds cautiously optimism. Almost half of the Canadians believe that renewed obligations to build more housing will improve affordability within three to five years, which indicates hope of more stability and opportunities.
In the meantime, Canadians turn to professionals for guidance. More than half (53 percent) say that working with a local broker would help them identify the affordability bags. With market conditions that vary greatly between provinces, cities and even neighborhoods, local expertise is considered essential.
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