{"id":214736,"date":"2025-10-15T11:59:11","date_gmt":"2025-10-15T11:59:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/214736\/"},"modified":"2025-10-15T11:59:11","modified_gmt":"2025-10-15T11:59:11","slug":"canadas-housing-market-finds-its-footing-as-sales-rise-but-prices-stagnate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/214736\/","title":{"rendered":"Canada\u2019s housing market finds its footing as sales rise but prices stagnate"},"content":{"rendered":"<p>The result is a market increasingly tilted toward buyers, especially where inventory growth has cooled the pace of bidding wars.<\/p>\n<p>The national picture, however, conceals wide regional variation with Greater Toronto\u2019s aggregate price down 3.5% year-over-year, with both detached and condo segments under pressure. Greater Vancouver slipped 3.1%, while Montreal surged 4.9% and Ottawa held steady with a modest 0.3% uptick.<\/p>\n<p>&#8220;Buyer sentiment is being influenced by a complex mix of economic and psychological factors,&#8221; says Soper. &#8220;Despite materially improved affordability in major cities, many Canadians \u2013 particularly younger ones \u2013 remain cautious amid high post-pandemic living costs, perceived job uncertainty, and general unease about our economic prospects. It&#8217;s understandable that some are waiting before making such a significant purchase.&#8221;\u00a0<\/p>\n<p>Soper says the <a href=\"https:\/\/www.wealthprofessional.ca\/news\/industry-news\/bank-of-canada-announces-interest-rate\/390275#:~:text=The%20Bank%20of%20Canada%20announced,central%20banks%20rate%20cutting%20cycle.\" target=\"_blank\" rel=\"nofollow noopener\">Bank of Canada\u2019s September rate cut of 25 basis points to 2.5%<\/a> has offered some relief.<\/p>\n<p>\u00a0\u201cWhile mortgage rates remain above their pandemic lows, the Bank&#8217;s recent rate cut is easing pressure on borrowers,\u201d he says, while cautioning that economic uncertainty and cautious sentiment are tempering any immediate rebound.<\/p>\n","protected":false},"excerpt":{"rendered":"The result is a market increasingly tilted toward buyers, especially where inventory growth has cooled the pace of&hellip;\n","protected":false},"author":2,"featured_media":214737,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[49,48,104055,86503,44,968],"class_list":["post-214736","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-ca","tag-canada","tag-canadian-house-prices","tag-canadian-housing-market","tag-news","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/214736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=214736"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/214736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/214737"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=214736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=214736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=214736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}