Canada’s trade woes and federal election are weighing on Vancouver’s spring housing market, according to brokerage Royal LePage.
“We were expecting a pretty robust spring market for 2025 and it’s been just lukewarm up to now,” said Randy Ryalls, managing broker of Port Moody-based Royal LePage Sterling Realty.
“There seems to be a lot of buyers just sitting on the fence waiting to see what’s going on. If you add the Canadian federal election on top of [the geopolitical situation], that’s probably enough in the minds of most Canadians to sort of go, ‘OK, well maybe I’ll just kind of sit, and wait and see what happens here.’”
Ryalls said
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