BMO Says Canadian Home Prices Drifting Lower as Affordability, Rates Weigh on Demand
I'm PortAI, I can summarize articles.
BMO reports that Canadian home prices are declining due to affordability issues and rising interest rates. National prices fell 4.0% in 2025, with a 1.4% annualized decrease over three years. Although prices increased 2.2% over five years, inflation at 3.7% has led to a contraction in real home prices. Currently, home prices are similar to those from nine years ago, causing new buyers to hesitate and reducing investor interest in the market.
Source: fidelity The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments