07:33 AM EDT, 10/03/2025 (MT Newswires) -- There are no major macroeconomic data releases on deck in Canada on Friday, said Bank of Montreal (BMO).

Toronto home sales were out for September overnight Thursday, and they were up 8.5% from a year ago, but that comes alongside lower prices and still-high inventories, noted the bank. The benchmark price was down 5.5% from a year ago and weakened further on a month-over-month basis.

Condo prices were down 8.1% year over year and as much as 12% year over year in some pockets of the city. So, the market appears to be clearing better, but only as sellers are relenting on the ask, stated BMO.

Sales results have been on the positive side across some other cities as well -- Vancouver +1.2% year over year and Montreal +11% year over year, but Calgary was down 14% year over year as that market continues to weaken. pointed out the bank.