Canada Housing: Developers Boost Buyer Incentives

Developers across Canada are increasing incentives as weak new-home sales signal softer housing demand and slower market momentum.
Major declines in markets like Greater Toronto Area, Vancouver, and Montreal suggest near-term price growth may remain limited.
Rising unsold inventory and promotional offers indicate buyers gaining leverage in new-construction negotiations.Slowing sales could reduce future housing starts, potentially tightening supply and supporting prices longer-term.