Canada's housing market faces varied regional challenges amid renewed U.S. trade tensions. Most areas saw home resale declines and easing prices, notably in Ontario, Vancouver, and Montreal. Toronto's brief recovery faltered due to buyer caution, while Montreal's rising inventory curbed price growth. Vancouver remains in a prolonged slump with high inventory. Calgary's market stayed stable, with mixed trends by housing type. Nationally, demand may rise if affordability and economic conditions improve, but market recovery will be uneven.
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