MACKEY & McCORMICK - Facts & Figures Dec 2025

Royal LePage's Q4 2025
Home Price Update & Market Forecast

The Canadian real estate market closed out 2025 with a modest decline in housing prices, reflecting lingering consumer hesitation amid ongoing economic uncertainty. Looking ahead, a modest spring rebound is possible as lower interest rates and healthy inventory levels begin to draw some buyers back to the offer table.

Key highlights from the release include:

In the fourth quarter of 2025, the national aggregate home price decreased 1.5% year over year.
The Greater Montreal Area’s aggregate home price increased 4.5% year over year, while the greater Toronto and Vancouver markets recorded declines of 5.7% and 4.1%, respectively, in the fourth quarter.
Quebec City recorded the highest year-over-year aggregate price increase (13.2%) among Canada’s major regions for the seventh consecutive quarter.
Royal LePage expects spring market activity to rise, but not surge, as buyers re-engage amid reduced borrowing costs and improved housing affordability.

Read the full news release here.

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