Homebuyers got cold feet this summer. Will the chill continue this fall? - National

Homebuyers got cold feet this summer. Will the chill continue this fall? - National

Fears around a possible recession and widespread job loss dissuaded a lot of people from making home-buying decisions this summer. Will the chill continue into the fall?

Homebuyers got cold feet this summer. Will the chill continue this fall?

While many parts of Canada sweltered under high temperatures this summer, the country’s housing market stayed chilly with homebuyers feeling spooked. But experts say the summer of buyers getting cold feet might not be over just yet. “It’s been anything but a traditional housing market,” said Penelope Graham, mortgage expert at Ratehub.ca. The threat of tariffs imposed by U.S. President Donald Trump loomed large over Canadians. “People were very …