“August was extremely quiet in the presale market. With summer coming to a close and the odds of a rate cut climbing for the September meeting, we are optimistic that the Fall will bring more housing activity, specifically in the entry-level resale segment.” — Garde MacDonald, Director of Advisory

“The summer has been very quiet in the presale market. The July 30 interest rate hold by the Bank of Canada added little relief for homebuyers as the promised lower rate environment is not coming to fruition as expected. With continued slow sales centre traffic and negative sentiment toward investor

“As we enter the quieter summer months, the condominium segment of the presale market remains stagnant. The limited number of projects releasing new units are doing so due to impending construction completions (ie. townhomes) or mounting financial pressures. On the policy front, the newly announced

“This Spring presale market was the slowest in recent memory outside of May 2020 during the Covid lockdown. The limited number of projects that launched are ground-oriented and lowrise developments, predominantly in price sensitive markets south of the Fraser. Overall, the current presale

May 2025 Real Estate Market Insights Welcome to the May 2025 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and Brittany Reimer. Watch the video to understand the latest macroeconomics, presale, and resale trends over the last 30 days affecting the local

“Even with the Canadian election resolved, the real estate market continues to be uncertain and exhibit weak metrics. Compared to historical norms, we are seeing about half as many new projects come online every month. Furthermore, the approximately 1,500 total presales in Q1 signal a deflated

April 2025 Real Estate Market Insights Welcome to the April 2025 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and Brittany Reimer. Watch the video to understand the latest macroeconomics, presale, and resale trends over the last 30 days affecting the

March 2025 Real Estate Market Insights Welcome to the March 2025 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and Brittany Reimer. Watch the video to understand the latest macroeconomics, presale, and resale trends over the last 30 days affecting the

"Developers spent February monitoring the market and making “go or no go” decisions on new projects. With prospects exhibiting continued patience and extreme price sensitivity, the presale market remains stagnant. We anticipate a quiet Spring presale market as overarching uncertainty persists with