Canada's housing market shows regional disparities amid economic challenges and renewed U.S. trade tensions. Most markets saw home resale declines and easing prices, notably in Ontario, Vancouver, and Montreal. Toronto's brief recovery faltered, while Montreal's rising inventory curbed price growth. Vancouver remains in correction with high inventory, whereas Calgary's market stayed stable but varied by housing type. Nationally, some pent-up demand may emerge if affordability and economic conditions improve.
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