RBC: Housing Market Confidence Improving Amid Price Declines

RBC Economics reports cautious optimism in Canada’s housing market as consumer confidence improves despite price declines, with low inventory sustaining seller leverage and regional differences shaping market recovery.
New Federal Entity to Prioritize Canadian-Made, Affordable Housing Projects

The federal government is creating Build Canada Homes—a new agency to speed affordable housing development, favor Canadian-made materials, and deploy $6B in funding with $25B in financing support.
Toronto’s housing market unlikely to boom anytime soon despite brighter July

Toronto’s housing market saw a July sales uptick, yet oversupply, falling prices, and upcoming mortgage renewals temper optimism for the months ahead.
Broader Market Signs of Life Emerging in July — Canadian Housing Shows Resilience

July 2025 brought signs of recovery to Canada’s housing market, with sales rising in Toronto, Vancouver, Calgary, and Montreal despite global trade tensions. Here’s what it means for buyers and mortgage professionals.
Toronto Condos Hit Four-Year Lows While Montreal’s Housing Market Surges

Toronto’s condo prices have dropped to their lowest in four years, even as Montreal’s housing market records its strongest July since 2021. Here’s what it means for buyers, sellers, and mortgage professionals.
Rates Expected to Stay Elevated, Renewals to Hit Many Homeowners Hard

A new Bank of Canada analysis shows that most homeowners renewing their mortgages in 2025–2026 will face sharp payment increases, even if interest rates stay stable.
Over 35,000 Canadians Filed for Consumer Insolvency in Q2—Slight Increase from Last Quarter

More than 35,000 Canadians filed for consumer insolvency in Q2 2025, highlighting ongoing financial challenges and the impact on mortgage options. Learn how to manage debt and rebuild credit.
Oxford Economics: Canada Already in Shallow Recession—Defence Spending Could Lift Bond Yields

Oxford Economics reports a mild recession in Canada, with federal defence spending potentially driving bond yields and mortgage rates higher. Here’s what homeowners should know.
Montreal Home Sales Up Nearly 10% in July as Overbidding Drives Prices Higher

Montreal home sales rose 9.7% in July 2025, driven by fierce buyer competition and overbidding, pushing prices higher. Learn what this means for mortgage seekers and market outlook.
Can Refugees or Protected Persons Buy a Home in Canada?

Explore mortgage options and eligibility for refugees and protected persons in Canada, including down payment requirements, documentation, and tips for successful homeownership.
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