December is often associated with holidays and family time, but it also brought notable opportunities in the real estate market. As 2025 came to a close, fewer new listings and slower sales left more homes on the market, giving buyers greater choice and negotiating power. Prices faced pressure throughout the year, led by apartment-style homes, which declined by over eight per cent, while detached, semi-detached, and row homes saw more modest drops of just under five per cent annually. Looking ahead to 2026, improved affordability from lower interest rates and new government incentives is fueling optimism for a more balanced and active market.