windsor housing prices take third highest dip in nation compared to 2024
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the price of the average single-family home in the windsor area dipped by 4.9 per cent year over year, the third largest decline nationally.
dan janisse
/
windsor star
the price of the average single-family home in the windsor area dipped by 4.9 per cent year over year, the third largest decline nationally, according to the royal lepage house price survey and market forecast released this week.
the average single-family dwelling sold for $524,700 in the second quarter of 2025 compared to $552,000 12 months earlier. the decline from the first to second quarter this year was .5 per cent.
windsor was nearly $350,000 under the current canadian average of $870,200 for a single-family home, which represents a 1.1 per cent increase year over year.
the largest percentage declines were in west vancouver (7.8) and brampton (5.2).
“we’re fighting uncertainty in the market with tariffs,” said royal lepage windsor owner frank binder of national sales being up 3.5 per cent over june 2024 while local sales were down 5.23 per cent.
“we’re feeling it more than elsewhere because we’re an auto town. tariffs are the driving force in our community.
“people are holding off on decisions.”
binder added the disrupted electric vehicle transition and the general uncertainty in new investment by all the major automakers is also causing a slowdown in the local tool and die and mold making sectors.
“the tool and die guys are working on projects a year or two ahead and those projects just aren’t being released by the automakers,” binder said.
the aggregate housing price data, which factors in all forms of housing, showed the average price in windsor was $483,100 in the second quarter of 2025. that’s a decline of 3.6 per cent while whitby (9.3 per cent), west vancouver (8.3) and ajax (6.1) topped the national list.
the average national aggregate housing price in the second quarter was $826,400.
“canada has always been a ‘market of markets,’ and that reality is on full display in 2025,” said phil soper, president and ceo of royal lepage.
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“most regions saw modest year-over-year price growth this spring, with quebec in particular outperforming other provinces.
“cautious consumer sentiment in toronto and vancouver – the country’s most expensive housing markets – continued to weigh heavily on national average calculations in our second quarter report.
“these conditions underscore the importance of interpreting national housing trends through a local lens.”
in light of the ongoing trade dispute, soper said royal lepage is modifying its forecast for fourth quarter prices downward slightly to an increase of 3.5 per cent.
“we won’t see that trend here,” binder said.
“we have nearly 2,000 homes for sale. that’s a huge inventory.
“because we have so much supply, that’ll curtail an upswing in prices.”
binder said the sweet spot for home pricing locally is in the $450,000 to $550,000 range.
however, binder said all the elements are there in the market for an uptick in sales once there’s more clarity on the economic front and what it means for the auto industry.
he noted last month had a stronger showing in sales at the higher end of the market.
“the upper end of the market moved up,” binder said.
“about 48 per cent of the market was over the median average ($532,00). we haven’t seen that for a while.
“people who need to move aren’t afraid of doing it.”
soper said with the inventory of homes building and interest rates remaining stable, home affordability is increasing. aggregate home prices have also declined 3.6 per cent from their peak during the covid pandemic.
“housing affordability has already begun to improve,” soper said.
“wage growth is outpacing home price gains in many markets and borrowing costs have eased over the past year. but these gains remain fragile – sustainable affordability hinges on our ability to significantly boost canada’s housing supply over the long term.”
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