Canada's Real Estate Sales Plunge: CREA, Royal LePage Cite Tariffs

#canadarealestate #canadianrealestate #canadaustradewar Canada’s real estate sales plunged nearly 10% in February, with industry leaders from the CREA and Royal LePage placing the blame squarely on the Trump Tariffs. Links: Economic Uncertainty Keeping Home Buyers on the Sidelines: https://www.youtube.com/watch?v=mzVa4hb1HIU&list=PLOKoTy8yPzZaRjG8ArUm5F6Ny2FEl5rxb Canadian housing market 'sluggish' despite change to mortgage loan rules: https://www.youtube.com/watch?v=BzRyiKoumBI ‘We are going to get lower rates,’ Real estate expert on tariffs and the market: https://www.youtube.com/watch?v=h13jRqnJneY&t=2s Uncertainty Keeping Home Buyers on the Sidelines: https://creastats.crea.ca/en-CA/ Canadian home sales fall to lowest in more than year as trade war escalates: https://financialpost.com/real-estate/canada-home-sales-lowest-year CREA reports home sales fell in February amid tariff uncertainty: https://www.bnnbloomberg.ca/business/real-estate/2025/03/17/crea-reports-home-sales-fell-in-february-amid-tariff-uncertainty/ Canadian home sales fell in February amid tariff uncertainty: https://www.theglobeandmail.com/business/economy/article-canadian-home-sales-fall-98-in-february-down-104-on-an-annual-basis/ Canadian housing market 'sluggish' despite change to mortgage loan rules: https://www.youtube.com/watch?v=BzRyiKoumBI Half of sidelined homebuyers waiting for interest rate cuts to resume their purchase plans: https://blog.royallepage.ca/half-of-sidelined-homebuyers-waiting-for-interest-rate-cuts-to-resume-their-purchase-plans/ More than half of Canadians renewing a mortgage this year expect their monthly payment to increase: Royal LePage® Survey: https://www.royallepage.ca/en/realestate/news/more-than-half-of-canadians-renewing-a-mortgage-this-year-expect-their-monthly-payment-to-increase-royal-lepage-survey/#_ftn1 Canada's home sales up 30% in surprise October surge: https://financialpost.com/real-estate/canadas-home-sales-up-30-in-surprise-october-surge Posthaste: These are the best buyers' markets in Canadian real estate — for now: https://financialpost.com/news/posthaste-these-are-the-best-buyers-markets-in-canadian-real-estate-for-now Are October’s sales gains an inflection point for Canada’s housing markets?: https://thoughtleadership.rbc.com/october-sales-gains-an-inflection-point-for-canadas-housing-markets/ Canada's housing market wakes up as homebuyers look to get jump on busy spring: https://financialpost.com/real-estate/canada-housing-marekt-wakes-up CREA Predicts 2025 Will Be A "Slam Dunk" For Home Sales, Despite Slow July: https://storeys.com/canadian-housing-market-data-july-slam-dunk/ CREA reports home sales fell in February amid tariff uncertainty: https://www.thestar.com/business/crea-reports-home-sales-fell-in-february-amid-tariff-uncertainty/article_8db3a9b9-976b-52cf-ba34-a2c1d96fc347.html Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.