Browsing: Real Estate News

CREA says a Bank of Canada rate hike is now priced in for 2026. Its August data shows a housing market that has not meaningfully moved since May.

Calgary’s benchmark home price fell just one per cent in August. Inside the city, the spread between property types and districts runs past 10 points.

CMHC projected Toronto mortgage arrears would climb to 0.34 per cent by late 2026 on the assumption the policy rate would fall. It has not, and fixed rates just rose.

Alto bought its first parcel for Canada’s high-speed rail line but will not say where. New expropriation rules mean owners no longer get a public hearing.

The average GTA condo sold for $617,593 in August. With 20 per cent down at a best five-year fixed rate, the mortgage runs about $2,583 a month against an average Toronto asking rent of $2,571 — a gap of roughly $12. The down payment is still $123,519.

Just 156 condominium units started construction in the City of Toronto in the first half of 2026, against a previous-decade average of about 7,000 a year. CMHC’s Fall 2026 Housing Supply Report finds Canada’s housing shortfall is now concentrating in the homes people buy, with Toronto rental apartment starts overtaking condo starts for the first time since 1994.

Equifax data shows Canadian businesses paying suppliers while missing bank payments, and mortgage holders missing everything except the mortgage itself.

Nova Scotia’s average asking rent hit $2,356 in August, the country’s highest for a fourth straight month, even as national rents fell 4.8 per cent.

Build Canada Homes turns one with 19 partnerships signed. The parliamentary budget officer forecasts 26,000 units over five years, up 2.1 per cent.

Ontario bills 2026 property taxes on Jan. 1, 2016 values. A study of 3,400 Vaughan sales found two homes with near identical prices taxed $528 apart.