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Canada's Housing Market Recovers Amid Economic Uncertainty

9/27/2025

30 6 Full Breakdown

Summary

Story summary

Canada's housing market shows recovery after Bank of Canada cut to 2.5% on September 17.
Sales rose 1% last month; prices up nearly 2% year-over-year (YoY).
Build Canada Homes program allocates 13 billion CAD for affordable housing.
Many first-time buyers remain hesitant due to economic uncertainties and U.S. trade relations.
Mortgage brokers report longer selling times; variable-rate mortgages gain popularity.

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Story summary

Canada's housing market shows recovery after Bank of Canada cut to 2.5% on September 17.
Sales rose 1% last month; prices up nearly 2% year-over-year (YoY).
Build Canada Homes program allocates 13 billion CAD for affordable housing.
Many first-time buyers remain hesitant due to economic uncertainties and U.S. trade relations.
Mortgage brokers report longer selling times; variable-rate mortgages gain popularity.