Canada's housing market declined overall in late 2025, with national home resales down 2.7% in December and prices falling 0.3%. However, Quebec's major markets saw significant price gains, with Quebec City rising 17% annually. The Prairies and Atlantic regions also experienced modest price increases. In contrast, Ontario and British Columbia faced price drops due to affordability issues and high inventory. National resale transactions fell 1.9% in 2025 amid economic uncertainty and trade tensions.
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