This week, Canadian housing showed mixed signals: rising construction momentum and community-led reforms energized urban developments, yet new tariffs on steel and aluminum raised cost concerns and slowed buyer activity. Regional trends varied, with Calgary stabilizing its outlook and Ontario adopting a more cautious stance.
Canadian housing starts rose 3% in January, signaling increased confidence in urban multi-unit development. National agency data highlights steady market growth and a positive outlook for construction.
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Communities explore land trusts to curb speculative profits while steady buyer activity keeps the market active despite a rise in new listings. Protective measures boost local control amid shifting housing trends.
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Tariffs on steel and aluminum have sparked concerns. Builders warn that increased costs may slow construction and push up home prices.
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New tariffs are adding inflationary pressure to Canada's housing market while Ontario sees delayed homebuyer entry and reduced investor activity, marking a cautious market reset.
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Canada’s housing market remains divided: buyers deliberate renting versus buying, with tariff pressures impacting pricing, while Calgary moves toward a more balanced, stable outlook.
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