Story perspectives

Real Estate Recovery: Toronto, Calgary Rise Amid Trade Easing

6/12/2025

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Summary

Story summary

A Royal Bank of Canada report shows a slight recovery in Toronto, Calgary, and Edmonton real estate markets due to easing U.S. trade tensions.
Toronto home resales rose by 8.4% from April to May, though prices are down 4.5% year-over-year.
Montreal's real estate market is thriving, with increased demand and rising prices for single-family homes and condos.
Sellers in Ontario and British Columbia still face challenges, as buyer urgency remains low.
Experts predict a potential market uptick in the fall, creating favorable conditions for buyers.

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Story summary

A Royal Bank of Canada report shows a slight recovery in Toronto, Calgary, and Edmonton real estate markets due to easing U.S. trade tensions.
Toronto home resales rose by 8.4% from April to May, though prices are down 4.5% year-over-year.
Montreal's real estate market is thriving, with increased demand and rising prices for single-family homes and condos.
Sellers in Ontario and British Columbia still face challenges, as buyer urgency remains low.
Experts predict a potential market uptick in the fall, creating favorable conditions for buyers.