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Following a period characterized by consumer uncertainty and a pull-back of buyers during the first quarter of 2025, the Canadian housing market may be turning a new leaf this fall. Improved affordability and a boost in inventory levels could entice cautious buyers back into action.
Report Highlights
- 2025 Price Outlook: -6.5% Looking ahead, REMAX Canada expects average national price to decrease by 6.5% this fall, bringing more affordability back to the market.
- 2025 Sales Outlook: -5% Following year-over-year sales declines in 62 per cent of markets analyzed between January 1 – July 31, sales are expected to decline further through the remainder of 2025.
- 28% of Canadians planning to buy their first home in the next 12 months say they have saved at least 20 per cent for their down payment.
- 68% of Canadians say a five- to 10-per-cent drop in property prices would make a meaningful difference in their ability to enter the market.
- 63% of those planning to sell believe they’ll be able to secure their asking price.
Regional Market Insights
REMAX brokers and agents across Canada shared a year-over-year analysis of their local market between January 1 and July 31, 2025 and offer their estimated outlook for fall 2025. According to their insights, 26.4 per cent of housing markets are expected to favour sellers this fall, and 38.2 per cent sitting firmly in buyer’s territory.
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