Fresh CREA figures confirm that Canada’s housing sector is once again an innocent bystander in a geopolitical bar fight, this time courtesy of Trump's tariff war.
Sales are spinning their wheels while inventory stacks up like unclaimed luggage—because when the U.S. President treats trade diplomacy like a demolition derby, buyers hit the brakes and wait for the wreckage to clear.
"There is no doubt that the ongoing trade conflict with the U.S. has weighed on consumer confidence and the housing market across the country," said National Bank Economics, adding that "potential buyers [are] waiting for more economic visibility before acting."
In the event any sellers are still clinging to hope like it’s 2021, here's the latest reality:
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