Canada’s big four housing markets favour buyers; tariffs slowing sales

Canada's housing markets are returning to balanced conditions, with home sales declining in February due to economic concerns, particularly from US tariffs. The Toronto market saw a significant drop in transactions, while Edmonton remains strong. Buyers now have more options, leading to downward price trends in major markets. The trade war poses risks to market confidence, potentially impacting prices and activity. Inflation rose to 2.6% in February, influenced by the end of a tax break.