{"id":2839,"date":"2025-01-15T19:01:26","date_gmt":"2025-01-15T19:01:26","guid":{"rendered":"https:\/\/www.rbc.com\/en\/economics\/2025\/01\/15\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/"},"modified":"2025-03-26T04:54:39","modified_gmt":"2025-03-26T04:54:39","slug":"canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track","status":"publish","type":"post","link":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/monthly-housing-market-update\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/","title":{"rendered":"Canada\u2019s housing market recovery hits a bump but expected stay on track"},"content":{"rendered":"<p>Interest rate cuts in Canada set the housing market on a recovery path in 2024, but there have been bumps along the way as demonstrated by activity in December. Home resales fell 5.8% last month from November, following solid advances totalling 16% in the previous four months.<\/p>\n<div id=\"everviz-z-D56Nfkc\" class=\"everviz-z-D56Nfkc\"><script src=\"https:\/\/app.everviz.com\/inject\/z-D56Nfkc\/?v=3\" defer=\"defer\"><\/script><\/div>\n<p>Fewer sellers coming to market could be behind the pull back\u2014narrowing the options for buyers. New listings declined in the last three months of 2024, including by 1.7% in December.<\/p>\n<p>A slight uptick in fixed mortgage rates could also have played a role as longer-term rates came under renewed upward pressure from the U.S. in the fall\u2014possibly causing some buyers to pause their search.<\/p>\n<p>Still, we don\u2019t read too much into one month\u2019s volatility and see the recovery continuing in 2025. We expect the Bank of Canada to deliver further meaningful rate cuts over the first half of the year, and as a result, longer-term rates will ease. Lower borrowing costs are likely to draw both new buyers and sellers to the market and sustain growth in resale transactions.<\/p>\n<div id=\"everviz-1C-BHjJNj\" class=\"everviz-1C-BHjJNj\"><script src=\"https:\/\/app.everviz.com\/inject\/1C-BHjJNj\/?v=3\" defer=\"defer\"><\/script><\/div>\n<p>Property values haven\u2019t budged much over the course of 2024 nationwide. In December, the composite MLS Home Price Index edged up just 0.3% from November and was down -0.2% from a year ago. Generally balanced supply-demand conditions are keeping higher and lower price pressures muted.<\/p>\n<p>The national picture largely reflects market realities in Ontario and British Columbia. But, home prices in the Prairies, Quebec and parts of Atlantic Canada are hotter. The MLS HPI is up significantly from a year ago in Edmonton (8%), Saskatoon (7.1%), Winnipeg (8.4%), Montreal (7.1%), Quebec City (11.4%), Fredericton (19.8%), Moncton (7.9%), Saint John (24%) and St. John\u2019s (10%). Supply has been tight compared to demand in all these markets throughout last year\u2014or longer in some cases.<\/p>\n<p><a href=\"https:\/\/thoughtleadership.rbc.com\/homebuyers-get-some-affordability-relief-but-strains-endure\/\">Affordability challenges<\/a> are also relatively more manageable in these regions, allowing buyers to bid up prices more freely.<\/p>\n<div id=\"everviz-E3p98kGw4\" class=\"everviz-E3p98kGw4\"><script src=\"https:\/\/app.everviz.com\/inject\/E3p98kGw4\/?v=3\" defer=\"defer\"><\/script><\/div>\n<p>On the other hand, intense affordability strains are a major weight holding back buyers in Ontario and B.C. They set an impossibly high bar to clear for many first-time homebuyers. We expect those strains will keep sales recovery gradual and price increases minimal in the year ahead. Toronto and Vancouver\u2014Canada\u2019s most expense markets\u2014could even see further erosion of condo prices amid rising inventories. <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2025\/03\/december_market-01.jpg\" alt=\"\" width=\"1250\" height=\"449\" class=\"alignnone size-full wp-image-64873\" \/><\/p>\n<hr>\n<div class=\"rds-callout-white\" style=\"border: 1px solid #c4c8cc;\">\n<div class=\"rds-gcw\">\n<div class=\"img w-mob-100 download-img\" style=\"display: inline-block; vertical-align: top;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2025\/03\/Download-PDF-button-121.png\" alt=\"\" width=\"572\" height=\"362\" \/><\/div>\n<div class=\"rds-inline pad-hlf\" style=\"display: inline-block; vertical-align: top;\">\n<h4 class=\"mar-t\">Download the Report<\/h4>\n<p><a class=\"btn tertiary\" role=\"button\" href=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/4\/2024\/11\/MHU-Jan25.pdf\" target=\"_blank\" rel=\"noopener noreferrer\" data-dig-id=\"TNL_211020_1\" data-dig-category=\"TNL Economics\" data-dig-action=\"mid-funnel click\" data-dig-label=\"Ag Tech Report Final\">Download<\/a><\/p>\n<hr>\n<\/div>\n<\/div>\n<\/div>\n<hr\/>\n<p><em><strong>Robert Hogue<\/strong> is responsible for providing analysis and forecasts on the Canadian housing market and provincial economies. Robert holds a Master\u2019s degree in economics from Queen\u2019s University and a Bachelor\u2019s degree from Universit\u00e9 de Montr\u00e9al. He joined RBC in 2008.<\/em><\/p>\n<p><script src=\"https:\/\/code.highcharts.com\/11.4.8\/highcharts.js\"><\/script><br \/>\n<script src=\"https:\/\/code.highcharts.com\/11.4.8\/maps\/modules\/pattern-fill.js\"><\/script><\/p>\n<style class=\"advgb-styles-renderer\">h2.title-text{font-size: 2.8rem;font-weight: 400;line-height: 1.2;}.chart-title {font-weight: 500; color: #588886!important;text-align: center;line-height: 1.2;margin: 40px auto 5px auto;font-size: 25px;}.chart-subtitle{font-weight:500;text-align:center;color:#899299;font-size:18px;}.source-text {font-size: 14px;text-align: center;line-height: 1.2;}.download-img{width:275px;}<\/style>\n","protected":false},"excerpt":{"rendered":"<p>Interest rate cuts in Canada set the housing market on a recovery path in 2024, but there have been bumps along the way as demonstrated by activity in December.<\/p>\n","protected":false},"author":300,"featured_media":2838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[83,38,50],"tags":[],"class_list":["post-2839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-analysis","category-canadian-housing","category-monthly-housing-market-update"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Canada\u2019s housing market recovery hits a bump but expected stay on track - RBC Economics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canada\u2019s housing market recovery hits a bump but expected stay on track\" \/>\n<meta property=\"og:description\" content=\"Interest rate cuts in Canada set the housing market on a recovery path in 2024, but there have been bumps along the way as demonstrated by activity in December.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/\" \/>\n<meta property=\"og:site_name\" content=\"RBC Economics\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-15T19:01:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-26T04:54:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80\" \/>\n\t<meta property=\"og:image:width\" content=\"4067\" \/>\n\t<meta property=\"og:image:height\" content=\"1292\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Shiplu Talukder\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shiplu Talukder\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/\"},\"author\":{\"name\":\"Shiplu Talukder\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/b7c4a2210393781a5f2ddfb7843f4563\"},\"headline\":\"Canada\u2019s housing market recovery hits a bump but expected stay on track\",\"datePublished\":\"2025-01-15T19:01:26+00:00\",\"dateModified\":\"2025-03-26T04:54:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/\"},\"wordCount\":434,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80\",\"articleSection\":[\"Canadian Analysis\",\"Canadian Housing\",\"Monthly Housing Market Update\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/\",\"url\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/\",\"name\":\"Canada\u2019s housing market recovery hits a bump but expected stay on track - RBC Economics\",\"isPartOf\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80\",\"datePublished\":\"2025-01-15T19:01:26+00:00\",\"dateModified\":\"2025-03-26T04:54:39+00:00\",\"author\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/b7c4a2210393781a5f2ddfb7843f4563\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#primaryimage\",\"url\":\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80\",\"contentUrl\":\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80\",\"width\":4067,\"height\":1292},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rbc.com\/en\/economics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Canada\u2019s housing market recovery hits a bump but expected stay on track\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#website\",\"url\":\"https:\/\/www.rbc.com\/en\/economics\/\",\"name\":\"RBC Economics\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rbc.com\/en\/economics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/b7c4a2210393781a5f2ddfb7843f4563\",\"name\":\"Shiplu Talukder\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fa94e79596270392553728c4c68156b055b4841cafb4c15693adb0c592ee6080?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fa94e79596270392553728c4c68156b055b4841cafb4c15693adb0c592ee6080?s=96&d=mm&r=g\",\"caption\":\"Shiplu Talukder\"},\"url\":\"https:\/\/www.rbc.com\/en\/economics\/author\/shiplutalukder\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Canada\u2019s housing market recovery hits a bump but expected stay on track - RBC Economics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/","og_locale":"en_US","og_type":"article","og_title":"Canada\u2019s housing market recovery hits a bump but expected stay on track","og_description":"Interest rate cuts in Canada set the housing market on a recovery path in 2024, but there have been bumps along the way as demonstrated by activity in December.","og_url":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/","og_site_name":"RBC Economics","article_published_time":"2025-01-15T19:01:26+00:00","article_modified_time":"2025-03-26T04:54:39+00:00","og_image":[{"width":4067,"height":1292,"url":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80","type":"image\/png"}],"author":"Shiplu Talukder","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Shiplu Talukder","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#article","isPartOf":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/"},"author":{"name":"Shiplu Talukder","@id":"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/b7c4a2210393781a5f2ddfb7843f4563"},"headline":"Canada\u2019s housing market recovery hits a bump but expected stay on track","datePublished":"2025-01-15T19:01:26+00:00","dateModified":"2025-03-26T04:54:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/"},"wordCount":434,"commentCount":0,"image":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80","articleSection":["Canadian Analysis","Canadian Housing","Monthly Housing Market Update"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/","url":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/","name":"Canada\u2019s housing market recovery hits a bump but expected stay on track - RBC Economics","isPartOf":{"@id":"https:\/\/www.rbc.com\/en\/economics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#primaryimage"},"image":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80","datePublished":"2025-01-15T19:01:26+00:00","dateModified":"2025-03-26T04:54:39+00:00","author":{"@id":"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/b7c4a2210393781a5f2ddfb7843f4563"},"breadcrumb":{"@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#primaryimage","url":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80","contentUrl":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80","width":4067,"height":1292},{"@type":"BreadcrumbList","@id":"https:\/\/www.rbc.com\/en\/economics\/canadian-analysis\/canadian-housing\/canadas-housing-market-recovery-hits-a-bump-but-expected-stay-on-track\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.rbc.com\/en\/economics\/"},{"@type":"ListItem","position":2,"name":"Canada\u2019s housing market recovery hits a bump but expected stay on track"}]},{"@type":"WebSite","@id":"https:\/\/www.rbc.com\/en\/economics\/#website","url":"https:\/\/www.rbc.com\/en\/economics\/","name":"RBC Economics","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rbc.com\/en\/economics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/b7c4a2210393781a5f2ddfb7843f4563","name":"Shiplu Talukder","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fa94e79596270392553728c4c68156b055b4841cafb4c15693adb0c592ee6080?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fa94e79596270392553728c4c68156b055b4841cafb4c15693adb0c592ee6080?s=96&d=mm&r=g","caption":"Shiplu Talukder"},"url":"https:\/\/www.rbc.com\/en\/economics\/author\/shiplutalukder\/"}]}},"author_meta":{"display_name":"Shiplu Talukder","author_link":"https:\/\/www.rbc.com\/en\/economics\/author\/shiplutalukder\/"},"featured_img":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80&w=300","jetpack_featured_media_url":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/\/2025\/03\/Housing_Blog-Image_Thumbnail-wide.png?quality=80","coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/canadian-analysis\/\" class=\"advgb-post-tax-term\">Canadian Analysis<\/a>","<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/canadian-analysis\/canadian-housing\/\" class=\"advgb-post-tax-term\">Canadian Housing<\/a>","<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/canadian-analysis\/canadian-housing\/monthly-housing-market-update\/\" class=\"advgb-post-tax-term\">Monthly Housing Market Update<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Canadian Analysis<\/span>","<span class=\"advgb-post-tax-term\">Canadian Housing<\/span>","<span class=\"advgb-post-tax-term\">Monthly Housing Market Update<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 1 year ago","modified":"Updated 1 year ago"},"absolute_dates":{"created":"Posted on January 15, 2025","modified":"Updated on March 26, 2025"},"absolute_dates_time":{"created":"Posted on January 15, 2025 7:01 pm","modified":"Updated on March 26, 2025 4:54 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/posts\/2839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/users\/300"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/comments?post=2839"}],"version-history":[{"count":0,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/posts\/2839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/media\/2838"}],"wp:attachment":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/media?parent=2839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/categories?post=2839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/tags?post=2839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}