Economic Insights from Dr. Sherry Cooper November 2025
Posted by Adam Chahl on
The outlook for the Canadian housing market in late 2025 and into 2026 is marked by significant regional variation, with some provinces experiencing stability or gains, while others face price pressures and slowdowns driven by high inventories, affordability challenges, and shifting demand. Residential real estate is looking more alive, at least for the time being.
Despite an uncertain economic outlook, homebuying fundamentals have shown clear improvement in some areas.
Below is a breakdown by key regions:
Ontario (including Toronto)
Ontario, especially the Greater Toronto Area (GTA), remains weighed down by an abundance of listings, particularly in the condo sector. Toronto remains the epicentre for price fragility, thanks in part to a condo…
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