August 2025 Presale Report: Summer Slowdown Deepens as New Launches Stall

“The summer has been very quiet in the presale market. The July 30 interest rate hold by the Bank of Canada added little relief for homebuyers as the promised lower rate environment is not coming to fruition as expected. With continued slow sales centre traffic and negative sentiment toward investor
Architecture
The Advantages of Passive Housing
6 years
The total cost of homeownership includes much more than qualifying for monthly mortgage payments, property taxes and homeowner’s insurance. Other costs to budget for include utilities such as electricity, water and gas, which can add an additional hundreds of dollars on top of other monthly housing