While the national average resale price in Canada fell 3.9 percent in April 2025, several cities bucked the trend, demonstrating significant price increases.
These increases contrast sharply with declines in major markets like Toronto and Vancouver, highlighting a two-tiered market.
The national average price drop is largely attributed to declines in Greater Vancouver and the Greater Toronto Area. Market conditions are described as subdued. The article mentions external factors like trade wars potentially influencing buyer behavior.
The article also includes links to related articles on topics such as affordability issues in Fredericton, mortgage renewals, international stock ETFs, and personal finance advice. A reader question about a high-interest savings account is also included along with the columnist's response.
The overall picture on home prices tells us the trade war has scared buyers away, and that prices are falling.
But a lot of the negativity in housing is generated by what’s happening in expensive markets like the greater Toronto and Vancouver areas. In other cities, the latest numbers tell us housing is doing just fine or better. Here are a few examples from the April national resale numbers from the Canadian Real Estate Association:
The national average resale price in April fell 3.9 per cent to $679,866 from $707,380, fed in large part by declines of 1.8 per cent in Greater Vancouver and 7.6 per cent in the Greater Toronto Area. Nearby southern Ontario cities like Oakville and Hamilton were down 12 and 6.4 per cent, respectively.
Home sales were subdued in April, which means market conditions could change. Still, there’s an obvious two-track pricing trend in housing today. While some places are in sharp decline, other are smoking hot.
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Home prices in the New Brunswick provincial capital are up 85 per cent in the past five years. As you can see from the above list of hot markets, the average Fredericton home price is low by national standards. But for city residents, it’s getting into unaffordable territory.
Six in 10 mortgages are set to renew this year, and 60 per cent of them will result in higher payments. Here are some numbers to document how much homeowners should expect to pay.
One of the hottest investing sectors in the exchange-traded fund world as measured by money flows is international equity, which means developed stock markets outside North America. This is a clear result of Canada-U.S. friction in 2025 – international stocks were never a high-demand sector before. Here’s a list of top international equity ETFs to consider.
Eight splurges that are worth the cost because of the benefits they bring. A quality mattress is on the list, which makes sense.
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A look at the cost of owning a pet. Sorry, I meant “pet parenthood.”
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