Rebecca

Oil-driven inflation spike raised rate hike risks, pushing fixed mortgage rates higher in early 2026. Higher borrowing costs and uncertainty slowed spring activity despite peak seasonal demand expectations. CREA revised forecats: -Home sales: 474,972 units, ↑ 1% yearly. -Avg home price: ↑ 1.5% to $688,955 2027 outlook: sales up 2.1% to 485,071, prices +0.9% to […]

Canada’s housing market is entering a slower phase, with weak demand, cautious buyers, and modest price growth expected through 2026 and into 2027. Economic slowdown, higher mortgage renewals, and weak income growth are limiting affordability, keeping home sales below historical averages nationwide. Construction activity is declining, especially in condo-heavy markets like Toronto and Vancouver, reducing

Canada’s housing starts softened again in Late-Q1 2026. The annualized pace ↓6% MoM to 235,852 units, while the 6-mo trend ↓2.9% to 248,378. Actual starts in larger population centers still ↑10% yearly to 16,398 in Late-Q1, lifting the year-to-date total to 49,206, up 9% from 2025. An economist said the yearly gain mostly reflected an

Canada's housing starts fell 6% in March to 235,852 units, with the six-month trend also declining. The slowdown was mainly due to a 7% drop in urban multi-unit starts, while single-detached starts fell 2%. Most provinces saw declines, notably Ontario and British Columbia, except Quebec, which rebounded. Housing starts have been trending lower since September

The Canadian government introduced Bill C-26, proposing a $1.7 billion fund to improve housing supply through transfers to provinces and territories that partner on this initiative. The funding aims to boost development and protect jobs in the homebuilding sector amid economic uncertainty. The impact will vary by region based on partnership participation, reflecting expert recommendations.

Mother’s Day celebrates the love, strength, and sacrifices of moms everywhere, with their guidance, care, and inspiration across cultures worldwide. Celebrating amazing moms! Your strength, kindness, and care inspire everyone around you—today we honor you and all that you do. Enjoy pampering, hugs, and smiles, knowing your love and dedication make the world a better

Canadian household net worth grew 1.3% to $18.6 trillion in Q4, driven by financial asset gains despite a 2.2% decline in home prices. The debt-servicing ratio decreased slightly to 14.57%, aided by income growth and lower interest rates, though mortgage pressures remain elevated. Household credit market debt rose moderately to $3.2 trillion, with mortgage borrowing

Canada's housing agency warned buyer incentives can lift demand faster than supply, pushing prices higher when housing stock stays limited and affordability remains under pressure. Its modelling found targeted demand-side measures would need ~7.8K extra housing starts yearly to offset added demand and avoid worsening affordability. Broad-based buyer incentives could require up to 28K new

This spring market no longer moved in one direction. Conditions varied by neighbourhood and city, with some areas cooling while others stayed highly competitive. More inventory gave buyers more choices and eased bidding pressure. Secondary cities, suburbs, and pandemic boom areas showed softer pricing and better negotiation openings. Homes sitting for several weeks often signaled

Home price growth expected around 3% to 5%, strongest in Canada Calgary and Edmonton continue to benefit from strong interprovincial migration Sales activity above national Canadian recovery average Entry-level supply remains tight, supporting price strength