Residential real estate retrenches in face of tariff threat

by Carolyn Ireland

The home at 105 Cluny Dr., in Toronto. The five-bedroom house was listed in the fall of 2024 with an asking price of $5.995-million. The property eventually sold for $4.9-million in February after a couple price cuts.

Many people with an interest in the vicissitudes of the Toronto-area real estate market are relieved that the March break for the public and private schools is under way. It gives everyone a chance to recalibrate.

After an optimistic start to 2025, buyers retrenched in early February and sellers soon followed.

Categories

Recent Posts

Office vacancy rates continue to drop, but the recovery is uneven
Office vacancy rates continue to drop, but the recovery is uneven
Four Toronto building projects to watch in 2026
Four Toronto building projects to watch in 2026
Brokerage, builder in court over condo sales commissions
Brokerage, builder in court over condo sales commissions
Buyer finds large detached home for under $1-million in Barrie
Buyer finds large detached home for under $1-million in Barrie
Large unit built from condo split in two finds buyer after price cut
Large unit built from condo split in two finds buyer after price cut
BMO economist says real estate has entered a ‘slow grind’ toward affordability
BMO economist says real estate has entered a ‘slow grind’ toward affordability
As market shifts, developer plans new data centre
As market shifts, developer plans new data centre
These renters say their needs were ignored while their landlords did 'amazing' renovations on empty units
These renters say their needs were ignored while their landlords did 'amazing' renovations on empty units
Vancouver area saw fewest home sales in more than two decades in 2025: board
Vancouver area saw fewest home sales in more than two decades in 2025: board
'Like a Swiss army knife': This $5.5-million luxury home on a Toronto ravine boasts a large hangar door, glass bridge
'Like a Swiss army knife': This $5.5-million luxury home on a Toronto ravine boasts a large hangar door, glass bridge

Share on Social Media

LiLiT Hakobyan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 816-5514

lilithak@yahoo.com

8854 Yonge St, L4C 0T, Hill, Ontario, Canada

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of LiLiT Homes, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.