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A tale of two markets: Real estate activity trending up in Canada's more affordable regions, treading water in the most expensive
A tale of two markets: Real estate activity trending up in Canada's more affordable regions, trea...
About this update from Bridgemarq Real Estate Services, Inc.
[{"type":"text","content":"\n\n\n\n A tale of two markets: Real estate activity trending up in Canada's more affordable regions, treading water in the most expensive\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n Greater regions of\n \n Toronto\n \n and\n \n Vancouver\n \n record modest price declines amid stalled activity in Q1, while values in regional markets in\n \n Quebec\n \n , the Prairies and\n \n Atlantic Canada\n \n continue to appreciate\n \n\n\n\n\n First quarter hig\n \n\n hlights:\n \n\n\n\n The national aggregate home price rose 2.1% year over year in Q1 2025, and a modest 1.2% over Q4 2024.\n \n\n\n Greater Montreal Area's\n \n aggregate home price increased 7.9% year over year, while the greater\n \n Toronto\n \n and\n \n Vancouver\n \n markets recorded declines of 2.7% and 0.7%, respectively.\n \n\n\n Quebec City\n \n continues to lead the country in aggregate price appreciation, rising 17.0% year over year in Q1; the highest increase among the report's major regions for the fourth consecutive quarter.\n \n\n Amid economic and political uncertainty, confidence in the economy is split: 49% of Canadians say they are confident, while 43% are not.\n \n\n Quebecers are the most optimistic, with 65% of respondents reporting confidence in the Canadian economy. Those in\n \n Manitoba\n \n and\n \n Saskatchewan\n \n are the least confident (34%).\n \n\n\n\n\n TORONTO\n \n\n ,\n \n\n April 15, 2025\n \n\n /CNW/ - According to the Royal LePage\n \n ®\n \n House Price Survey and Market Forecast released today, the aggregate\n \n\n 1\n \n\n price of a home in\n \n Canada\n \n increased 2.1 per cent year over year to\n \n $829,400\n \n in the first quarter of 2025. On a quarter-over-quarter basis, the national aggregate home price ...