Canada's housing market faces headwinds from possible US tariffs, inflation uncertainty, and conflict-linked rate pressure, yet some economists turned slightly more positive on the outlook.
A key support for that view is a changing regional pattern: weaker areas appeared to stabilize while previously stronger Canadian markets began cooling.
Recently, the central bank signaled businesses were adapting to economic turbulence, reinforcing expectations that Canada's housing market could also adjust to ongoing uncertainty.
That outlook hinged on the central bank keeping rates steady; even a modest move higher could hurt buyer confidence and likely dent home sales.
A hawkish US central bank could pressure Canada through the dollar and borrowing costs, though one expert said it was too early for conclusions.
