The number of homes available for sale in August 2026 was down noticeably compared to last year in the Greater Toronto Area (GTA). Following this trend, home sales also edged lower, as the number of transactions was arguably limited by less choice in some neighbourhoods. Less choice and more competition between buyers could ultimately result in renewed price growth in the months ahead.

The Bank of Canada held interest rates steady for a seventh consecutive meeting as an escalation in the trade war with the U.S. threatens growth and creates the risk of new inflation pressures.

Single-family sales surge while condos wait for a rebate that hasn't fully arrived

RBC projects a modest recovery into 2027, but regional fault lines remain deep

The Bank of Canada is likely to hold borrowing costs steady, as an escalation in the trade war with the U.S. threatens the economic recovery while adding to inflation risks.

Recent months have already seen upward pressure on fixed rates, a trend that could intensify as US-Canada trade relations worsen

Mortgage delinquencies remain low nationally, but borrowers in Canada's most expensive housing markets are showing greater signs of strain.

As the last wave of mortgage renewals from the era of ultra-low interest rates comes, a new survey suggests most homeowners have been managing higher payments.

The number of home sales recorded over Canadian MLS® Systems climbed a further 0.5% on a month-over-month basis in July 2026, marking a fourth consecutive monthly gain.

National Bank says the mortgage payment on a representative home fell to 51.1% of median income, although affordability remains well below historical norms.

July CPI hit 3%, matching the ceiling of the BoC's control range, as gas prices surge

Greater Toronto Area (GTA) resale housing market conditions tightened in July 2026 compared the same month a year earlier. Home sales edged slightly lower over that period, while new listings were down substantially. This suggests that active homebuyers faced more competition from other potential purchasers. If this trend continues, average selling prices could level off in the second half of this year.

The number of Canadian bank mortgages at least 90 days past due reached the highest count in more than a decade.

Statistics Canada data puts Q2 growth on track to outpace the central bank's own projections

A new report says the sector is showing signs of stability across Canada at the midway point of the year as enthusiasm tempers, but new tariffs announced by the U.S. this week could be factor to watch.

While CREA sees a milder pace of activity ahead than expected, others say there’s cause for mild optimism – even though challenges are continuing

BMO expects the Bank of Canada to remain firmly on hold this year, but says worsening trade relations with the U.S. could put rate cuts back in play.

Economists, lenders and real estate experts weigh in on the Bank of Canada's July 15 rate decision

The number of home sales recorded over Canadian MLS® Systems edged up a further 0.5% on a month-over-month basis in June 2026. This builds on the 5.5% jump recorded in May and the 0.9% increase in April, placing national activity some 7% above where it stood in March.

Royal LePage says it is raising its national housing price forecast for this year as demand continues to outpace supply in some regions.