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flag Canadian home sales edged up in October 2025, but prices fell year-over-year despite lower interest rates.

flag Canadian home sales rose 0.9% month-over-month in October 2025, marking the sixth increase in seven months, though they were 4.3% lower than October 2024, with 42,068 homes sold. flag The national average price fell 1.1% year-over-year to $690,195. flag Lower interest rates, including a Bank of Canada cut to 2.25%, helped boost activity, while new listings dropped 1.4% but total active listings were 7.2% higher than a year earlier. flag Economists expect continued gradual growth in 2026, though economic uncertainty and trade-related challenges may limit recovery.

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