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US tariffs, trade rhetoric hit Canadian housing market

Home sales down over 10% as new home construction also stalls, real estate group says
The head office of the Canadian Real Estate Association is in Ottawa. (CoStar)
The head office of the Canadian Real Estate Association is in Ottawa. (CoStar)
CoStar News
March 18, 2025 | 4:49 P.M.

The threat of a trade war and the impact from U.S. tariffs are affecting existing home sales, and the association representing Canada's Realtors said the decline began the minute United States President Donald Trump took office.

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