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Better late than never: Spring market stumbles to a sluggish start with economic unease a drag on homebuying activity in Q2
Better late than never: Spring market stumbles to a sluggish start with economic unease a drag on...
About this update from Bridgemarq Real Estate Services, Inc.
[{"type":"text","content":"\n\n\n\n Better late than never: Spring market stumbles to a sluggish start with economic unease a drag on homebuying activity in Q2\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; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:0pt black; BORDER-RIGHT:0pt black; BORDER-BOTTOM:0pt black; BORDER-LEFT:0pt black\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 Rising inventory keeps home prices in check as recovery begins\n \n\n\n\n\n\n Second quarter highlights:\n \n\n\n\n The national aggregate home price flatlined, rising a modest 0.3% year over year in Q2 2025, and declining 0.4% over Q1.\n \n\n\n Greater Montreal Area's\n \n aggregate home price increased 3.5% year over year, while the greater\n \n Toronto\n \n and\n \n Vancouver\n \n markets recorded declines of 3.0% and 2.6%, respectively in the second quarter.\n \n\n 38 of the 64 cities in the report saw year-over-year prices rise or remain roughly flat, while 26 markets saw home prices decline – a majority of which are in the province of\n \n Ontario\n \n .\n \n\n For the fifth consecutive quarter,\n \n Quebec City\n \n leads the country in aggregate price appreciation, increasing 13.5% year over year in Q2.\n \n\n Royal LePage\n \n ®\n \n lowers its national year-end forecast modestly, with prices now expected to increase 3.5% in Q4 2025 over the same quarter last year.\n \n\n\n\n\n TORONTO\n \n\n ,\n \n\n July 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 eased upwards modestly in the second quarter of 2025, increasing 0.3 per cent year over year to\n \n $826,400\n \n . On a quarter-over-quarter basis, the national aggregate home price decreased by 0.4 per cent.\n \n\n\n\n\n\n\n _________________________\n \n\n\n\n\n\n\n\n\n\n 1\n \n\n\n Aggregate prices...