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Housing Market Poised for 2025 Comeback, China-Russia Arctic Co-Operation on Norad's Radar

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Housing Market,Economy,Arctic

Economists predict a strong housing market in 2025 due to lower interest rates and favorable buyer rules. Meanwhile, Norad is closely monitoring increased Chinese-Russian air co-operation in the Arctic.

Housing market poised for 2025 comeback as lower rates unleash pent-up demand

Economists and real estate agents believe home sales activity is poised to remain strong in 2025, thanks to much lower borrowing costs and more favourable rules for buyers. Re/Max's 2025 housing market outlook report says it is expecting home sales to rise in 33 of 37 Canadian regions. It forecasts the national average residential price to rise by five per cent.

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