October 2025 - Andersen Brethour Report

This month’s key insights include:

✅ Canada–U.S. Trade Stability: The tariff truce continues to strengthen business confidence, helping revive investment and job growth.

✅ Interest Rates & Inflation: With inflation easing, both the Bank of Canada and the U.S. Fed are poised for another round of rate cuts, setting the stage for lower mortgage rates in early 2026.

✅ Housing Market Bottoming Out: Resale activity is stabilizing, inventory is slowly tightening, and early signs of price recovery are emerging in select markets.

✅ Condo Market Challenges: Oversupply remains a headwind, but value-driven buyers are returning as price gaps narrow between new and resale units.

✅ Ottawa & GTA Outlook: Local markets are showing resilience with balanced conditions — builders and investors are positioning early for next spring’s rebound.