Canadian homebuyers are cautious amid economic uncertainty, leading to stagnant home resales since July and a slight price decline of 3.7% year-over-year. Price drops are mainly in Ontario, British Columbia, and Alberta, where buyers have more options. New listings have decreased, potentially stabilizing prices. Some regions like Saskatchewan and Quebec see rising prices. Despite recent rate cuts, sales remain slow, but with no further cuts expected, buyer activity may increase, though challenges like affordability and lower immigration persist.