Canada's housing markets show persistent regional splits

Canada's housing markets show mixed regional trends. Toronto's recovery faltered with falling resales and prices amid trade uncertainty, while Ottawa's prices rose above last year's levels. British Columbia remains weakest, with Vancouver and Fraser Valley prices declining but slowing. Montreal faces affordability challenges despite rising inventory. Calgary and Edmonton cool but benefit from population growth. Supply constraints and trade policy impact confidence unevenly, with recovery expected to remain uneven through year-end.