RE/MAX Report Finds Canadian Condo Market Faces Sluggish Sales and Stable Prices
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RE/MAX Holdings Inc. reports sluggish sales and stable prices in the Canadian condo market for 2025. Despite lower prices and more options, resale activity declined across major markets. Economic challenges like job security, high living costs, and mortgage renewals are expected to impact the market into 2026. Investor demand has decreased, potentially affecting future affordability due to limited supply. Some buyers, especially debt-free and long-term immigrants, may benefit from current conditions.
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