Canada's housing market is expected to stay 'subdued' this year amid economic uncertainty stemming from the trade war and U.S. tariffs — with a recession still a possibility.

CMHC says it sees signs of financial stress among homeowners in Toronto and Vancouver, with missed mortgage payments projected to steadily increase. 

Ontario's real estate regulator has taken action against four brokerages over the alleged unlawful disbursing of funds from trust accounts.

Toronto's real estate association says it expects home price and sales weakness to persist for at least the first half of the year.

The Real Estate Council of Ontario announced the move Wednesday after declaring in October 2025 that agents could expect 50 per cent of their unpaid commissions .

Toronto-area home sales fell again on an annual basis, as buyers remained on the sidelines much like they did for the majority of the year amid a lack of confidence in the economy.

“There’s more inventory than we’ve seen in years, record inventory last year, and for buyers right now there’s more choice than they’ve ever had,” he said.

The Greater Vancouver Realtors report stated that homes registered in the Multiple Listing Service in Metro Vancouver finished the year down 10 per cent.

Real estate commissions are set to be paid out to real estate agents who were impacted by the closure of iPro, but only 50 per cent of the amount will actually be paid.

Quebec's real estate board says 3,542 properties changed hands throughout the month in the Montreal census metropolitan area, down from 3,870 in November 2024.