RE/MAX Holdings Inc. has published an analysis on the Canadian condominium market, highlighting subdued buyer sentiment in 2025 despite lower pricing and greater product selection. The report, which examined trends across major markets such as Greater Vancouver, Calgary, Edmonton, the Greater Toronto Area, Ottawa, and Halifax, found that resale activity declined in all regions, with condominium values remaining stable or posting modest declines. Ongoing economic challenges-including job security concerns, high living costs, and mortgage renewals-are expected to influence the market into 2026. RE/MAX notes that while some buyers, particularly those without debt and longer-term immigrants, are well positioned to benefit from current conditions, investor demand has softened considerably, leading to a reassessment of new condominium projects. The company warns that a prolonged slowdown in new construction could threaten future affordability by limiting supply and driving up prices.