Canadian Residential Home Sales Decline as 2025 Comes to an End

Home sales in Canada fell in December as regional slowdowns and economic uncertainty impacted the market. Annual activity for 2025 dropped 1.9 percent.

Insights:
The Canadian Real Estate Association reported that home sales in Canada CACAdeclined 2.7% month-over-month in December 2025. Without seasonal adjustment, sales were down 4.5% year-over-year compared to the same month in 2024. This late-year cooling brought the full-year sales for 2025 to 470,314 units, marking a 1.9% decrease from the previous year. The Canadian residential real estate sector faced a broad-based weakness in the final month of the year, with notable slowdowns occurring in the Vancouver real estate market, Calgary real estate market, Edmonton real estate market, and Montreal real estate market.
A for sale sign is displayed outside a home in Toronto, Ontario, Canada, on December 13, 2021. REUTERS/Carlos Osorio
A for sale sign is displayed outside a home in Toronto, Ontario, Canada, on December 13, 2021. REUTERS/Carlos Osorio

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