The predicted decline of interest rates along with new lending rules will bring buyers back to the market next year.
Highlights:
Royal LePage forecasts that the aggregate price of Canadian homes will increase by 6.0 percent year-over-year in the fourth quarter of 2025.
Nationally, single-family detached and condominiums are expected to increase 7.0 percent and 3.5 percent, respectively, year over year in Q4 of 2025.
The Greater Montreal Area aggregate home price appreciation (6.5 percent) is expected...