Prince Edward Island gathered a national trend last month, with an increase in the number of houses that changed hands.
“Small places can have more variability, you know, do not prepare a car parade.” The village is a real estate association or the chief economist of CREA, “he said.
“During this period, the places that are more favorable than in this process have done a little better.”
In February, the total sales activity reached 10 percent in January Peida, According to Crea data.
During the year, in the year, in 2025, in 2024, 7.7 percent jumped in total residential and non-residential sales in the same month.
Canada is 9.2% in a total of 9.2 percent in sales in a total of 9.2 months and decreased by 9.7 percent since February 2024.
Cathcart, on January 20, pointed out at the beekeeping ceremony of Donald Trump, and the US President began to withdrawn home purchase plans in the country, as soon as possible.
Uncertainty really threws cold water over … long-term decisions.– Shaun Cathcart, Crea
Cathcart’s very stretching trade war, as it seems that CathCart, potential buyers and vendors are seen reflected in a short time.
“Uncertainty really throws cold water over long-term decisions. This does not mean that the requirement of a three-year record population growth is.”
“All stars are again in the apartment market again in the housing market, except for the threat of our economy to crash suddenly.”
Another factor in the sales increase in PEI can be translated from places such as interpreter migration, especially Ontario and British Columbia. The hosts sold in these regions can purchase in a less expensive market.
This kind of push, “double-edged sword” to sell home on the island, because this brings benefits to owners, but also tend to reduce the relative power of young people.
“If you are a young man looking for this starting house in a suitable market, and suddenly you compete with people from Toronto, suddenly …
Interest rates down? It’s not so easy
A potential solution is the bank of Canada’s interest rates. In theory, it would allow more people to buy in the provinces of the house.
US tariffs may be a problem again, although trade wars include inflation that Canadian Bank can choose to control the higher interest rates.
“If the Bank of Canada will reduce interest rates … to support the economy, maybe in BC and Ontario, because in these places, it will return this idea,” he said.
“However, the Canadian Bank will not be able to lower rates due to inflation.
