Tag: canadian real estate news
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Markets Are Watching March 2027 for Canada’s Next Rate Hike
Canada’s interest rate outlook may be shifting again, and that could matter for buyers, sellers, and anyone watching mortgage rates. According to a May 12, 2026 report from The Wall Street Journal, financial-market participants are now eyeing March 2027 as a possible timing for the next Bank of Canada rate increase, based on the central…
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RBC Says Canada’s Spring Housing Market Still Hasn’t Taken Off
Canada’s spring housing market is still struggling to build momentum, according to a new update from RBC Economics. While spring is usually one of the busiest seasons for real estate, RBC says the market has not seen a clear demand boost yet. Instead, buyers and sellers remain cautious, and conditions continue to vary widely across…
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Bank of Canada Warns Consecutive Rate Hikes Could Return if Oil Prices Stay High
Canada’s interest rate outlook may not be as stable as it seemed just days ago. While the Bank of Canada held its benchmark rate at 2.25%, Governor Tiff Macklem is now warning that rate hikes could return if oil prices continue to surge. Rates Held – But Risks Are Rising The central bank has now held rates steady for the fourth…
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38% of Canadian Landlords Say They’re Losing Money – New Report Reveals Growing Pressure
A new report is challenging one of the biggest assumptions about Canada’s housing market. Despite record-high rents in many cities, a growing number of landlords say they’re not making money – and some are losing it. What the Data Shows According to a 2026 rental market report from liv.rent: This suggests that the majority of…
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Ontario’s New Housing Bill 98 Is Facing Backlash – Critics Say It Could Slow Development
Ontario’s latest housing legislation is already drawing criticism – with some experts warning it could actually make the housing crisis worse. Bill 98, also known as the Building Homes and Improving Transportation Infrastructure Act, 2026, is being positioned as a way to speed up housing construction. But critics say it may do the opposite. Thinking about…
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Ontario Announced an $8.8B Housing Deal – New Homes Could Be Up to $200K Cheaper
Ontario just made one of its biggest housing moves in years – and it could directly impact home prices across the province. A new $8.8 billion partnership between the federal and Ontario governments aims to cut construction costs, reduce taxes, and accelerate housing supply, announced on March 30, 2026. Thinking about buying?👉 Find out what you qualify…
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Canadian Banks Now Relying on Home Sales to Recover $7B in Losses
Canada’s housing downturn is beginning to show up in a new and concerning way. According to a recent report from Better Dwelling, Canadian banks are increasingly relying on selling homes from delinquent borrowers to recover losses, with billions now tied to distressed real estate. New data suggests this trend is accelerating quickly. Banks Now Expecting…
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Bank of Canada Warns the Next 5 Years Could Be Turbulent
Canada’s economic outlook is entering a new phase of uncertainty, and it could have direct implications for the housing market. In a recent address, Carolyn Rogers of the Bank of Canada warned that the country is facing long-term structural changes that will be difficult to manage and could reshape the economy for years to come.…
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Canadian Home Prices Fall to $652,941 as Sales Drop 12.5% to Start 2026
February 21, 2026 Canada’s housing market opened 2026 with weaker sales, falling prices, and rising listings, a combination that is slowly shifting negotiating power back toward buyers in several regions. According to WOWA’s latest update (last updated February 19, 2026), the national average home price declined to $652,941 in January 2026, while sales fell sharply…
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ReMax just dropped a report calling for 3.4% more home sales across Canada in 2026
ReMax Canada’s 2026 housing market forecast calls for a 3.4% rebound in home sales, softer prices, and more balanced conditions. Here is what buyers and sellers should know.
Canada Housing Market 