CREA notes that early-2025 uncertainty — including tariff-related disruptions and economic hesitation — temporarily slowed buyer activity, especially in higher-priced regions like Ontario and BC.

2025 average prices are projected at $676,705 (↓1.4%), with weakness in BC/Ontario offset by expected ↑4–8% gains in several mid-priced provinces.

National sales are forecast to rebound to 509,479 in 2026 (↑7.7%), marking the strongest activity since 2021 as delayed demand returns.

2026 prices are expected to rise to $698,622 (↑3.2%), keeping national averages near the $700K range for a sixth straight year.