Member Benefit Showcase: April 2025 Housing Market Trends from All-Purpose Realty
May 16, 2025
CREA REPORTS A PAUSE IN THE DECLINE OF HOME SALES DESPITE TARIFF PRESSURES
At this point, the 2025 Canadian housing story would best be described as a return to the quiet markets we’ve experienced since 2022, with tariff uncertainty taking the place of high interest rates in keeping buyers on the sidelines,” said Shaun Cathcart, CREA’s Senior Economist
- National home sales were unchanged at -0.1% month over month.
- Actual April 2025 sales activity fell 9.8% below April 2024.
- The number of new listed properties fell1% on a month-over month basis.
- The actual national average sale price was down 1.2% month over month and 3.6% on a year over year basis.
- There were 183,000 properties listed on all Canadian MLS® Systems at the end of April 2025, up 14.3% from a year earlier but still below the long-term average (around 201,000 listings) for this time of the year.
Inventories are higher in B.C. and Ontario and tighter elsewhere, so you will have to know your local markets. There is no better way to know your local market and to start your home buying and selling journey than being referred to a real estate agent you can trust and learn more about financial incentives worth thousands of dollars, and you can do this by visiting https://all-purposerealty.com/sonography/ or call 1-800-203-9494.
