{"id":113866,"date":"2025-06-25T11:50:04","date_gmt":"2025-06-25T03:50:04","guid":{"rendered":"https:\/\/iqiglobal.com\/blog\/?p=113866"},"modified":"2025-06-25T11:50:05","modified_gmt":"2025-06-25T03:50:05","slug":"canada-real-estate-market-may-2025","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/canada-real-estate-market-may-2025\/","title":{"rendered":"Canada\u2019s Property Market Mixed in May 2025"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p><em>Written by Yousaf Iqbal, Head of IQI Canada<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"783\" height=\"390\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114333\/image-22.png\" alt=\"\" class=\"wp-image-113867\" srcset=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114333\/image-22.png 783w, https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114333\/image-22-300x149.png 300w, https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114333\/image-22-768x383.png 768w, https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114333\/image-22-370x184.png 370w, https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114333\/image-22-642x320.png 642w\" sizes=\"(max-width: 783px) 100vw, 783px\" \/><\/figure>\n\n\n\n<p>As of May 2025, Canada&rsquo;s real estate market is showing mixed signals, with national home sales down 9.8% year-over-year and a fifth consecutive monthly decline in activity. The sales-to-new-listings ratio (SNLR) rose slightly to 47%, indicating a broadly balanced market, though regional differences persist. Ontario remains in buyer&rsquo;s market territory with a 35% SNLR, while Alberta (63%) and Quebec (70%) reflect strong seller conditions. The national median price for single-family homes dipped 1.1% month-on-month and 3.1% year-on-year, led by softness in major cities like Toronto and Vancouver. TRREB highlighted economic uncertainty and high costs as challenges, urging federal reforms to improve affordability and supply.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"788\" height=\"388\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114404\/image-23.png\" alt=\"\" class=\"wp-image-113869\" srcset=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114404\/image-23.png 788w, https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114404\/image-23-300x148.png 300w, https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114404\/image-23-768x378.png 768w, https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114404\/image-23-370x182.png 370w, https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114404\/image-23-642x316.png 642w, https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114404\/image-23-446x220.png 446w\" sizes=\"(max-width: 788px) 100vw, 788px\" \/><\/figure>\n\n\n\n<p>In the Greater Toronto Area (GTA), affordability improved thanks to falling prices and lower borrowing costs. May saw 6,244 transactions (down 13.3% y-o-y), while new listings rose 14%, easing supply constraints. The average price dropped 4% to $1.12 million, and the benchmark index fell 4.5%, though both metrics posted monthly gains&mdash;hinting at early recovery. Vancouver saw sharper declines, with sales falling 18.5% y-o-y and inventory hitting a 10-year high. Benchmark prices dropped 2.9%, reinforcing its buyer&rsquo;s market status. In contrast, Quebec remained a bright spot, with home sales up 12% in Montreal and Quebec City, strong price growth, and limited inventory supporting a competitive seller&rsquo;s market outlook.<\/p>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-f827c667-d459-4fa3-b2af-9f12c723afe5\" href=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114524\/FA-Newsletter-July-2.pdf\">Click for more info!<\/a><a href=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114524\/FA-Newsletter-July-2.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-f827c667-d459-4fa3-b2af-9f12c723afe5\">Download<\/a><\/div>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Written by Yousaf Iqbal, Head of IQI Canada As of May 2025, Canada&rsquo;s real estate market is showing mixed signals, with national home sales down 9.8% year-over-year and a fifth consecutive monthly decline in activity. The sales-to-new-listings ratio (SNLR) rose slightly to 47%, indicating a broadly balanced market, though regional differences persist. Ontario remains in&hellip;<\/p>\n","protected":false},"author":39,"featured_media":113873,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[207,9207],"tags":[],"class_list":["post-113866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ca","category-newsletter"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Canada\u2019s Property Market Mixed in May 2025 - IQI Blog<\/title>\n<meta name=\"description\" content=\"Canada\u2019s property market saw slower sales in May 2025, but Quebec outperformed while Toronto and Vancouver softened.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/iqiglobal.com\/blog\/canada-real-estate-market-may-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canada\u2019s Property Market Mixed in May 2025\" \/>\n<meta property=\"og:description\" content=\"Canada\u2019s property market saw slower sales in May 2025, but Quebec outperformed while Toronto and Vancouver softened.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/iqiglobal.com\/blog\/canada-real-estate-market-may-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"IQI Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/IqiGlobal\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-25T03:50:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-25T03:50:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114953\/WhatsApp-Image-2025-06-25-at-11.49.25_a1b03c37.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"789\" \/>\n\t<meta property=\"og:image:height\" content=\"519\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Amir Asraf Lee\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@IQIGlobal\" \/>\n<meta name=\"twitter:site\" content=\"@IQIGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amir Asraf Lee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/iqiglobal.com\/blog\/canada-real-estate-market-may-2025\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/canada-real-estate-market-may-2025\/\"},\"author\":{\"name\":\"Amir Asraf Lee\",\"@id\":\"https:\/\/iqiglobal.com\/blog\/#\/schema\/person\/e09b60d989ede33c5891f18d445480ef\"},\"headline\":\"Canada\u2019s Property Market Mixed in May 2025\",\"datePublished\":\"2025-06-25T03:50:04+00:00\",\"dateModified\":\"2025-06-25T03:50:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/canada-real-estate-market-may-2025\/\"},\"wordCount\":217,\"publisher\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/canada-real-estate-market-may-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/06\/25114953\/WhatsApp-Image-2025-06-25-at-11.49.25_a1b03c37.jpg\",\"articleSection\":[\"Canada\",\"Newsletter\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/iqiglobal.com\/blog\/canada-real-estate-market-may-2025\/\",\"url\":\"https:\/\/iqiglobal.com\/blog\/canada-real-estate-market-may-2025\/\",\"name\":\"Canada\u2019s Property Market Mixed in May 2025 - 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