Tag: Canadian housing market news
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Toronto Condo Market in “Recession” as Supply Outpaces Demand, BMO Says
Toronto’s condominium market is facing one of its most challenging periods in years, according to a new analysis from BMO Capital Markets. Economists at the bank say the Greater Toronto Area condo sector is effectively in a housing recession, with falling prices, weak sales, and a large pipeline of supply that buyers and investors are…
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Bank of Canada Rate Forecast for March 18, 2026: What Economists Expect
Canada’s housing market and borrowing costs are influenced by the Bank of Canada’s policy rate, currently at 2.25%. Economists expect the bank to hold rates steady in the March 18, 2026 announcement due to stabilizing inflation and moderate economic growth. Future decisions will depend on key economic indicators like inflation and GDP.
Canada Housing Market 