Variable Mortgage Rates Are Easing After BoC Cut
After the Bank of Canada’s rate cut to 2.50%, variable mortgage rates are softening. Brokerages now offer deals as low as 3.55%, while big banks remain slower to follow.
Canadian Housing Outlook: Sluggish Economy and Caution on Rate Cuts
Oxford Economics sees sluggish growth and falling home prices into 2026, while BMO warns fast rate cuts may reignite a housing bubble.
Speculation Mounts on Bank of Canada Rate Cut as Economy Softens
Canada’s economy is flashing mixed signals: weaker jobs, sticky inflation, and trade headwinds. Markets expect the Bank of Canada to cut rates on September 17, with big implications for mortgage renewals and housing affordability.
Housing Construction Stalls in Major Metro Areas, CMHC Warns
Canada’s housing pipeline hit a pause in H1 2025. CMHC data shows flat national housing starts, with Toronto and Vancouver leading the slowdown due to weaker condo launches, financing costs, and policy delays.
Canada’s Housing “Bubble” Worsens as Prices Slide and Inventory Rises
Canada’s housing correction is accelerating, with Toronto home prices falling 24% from peak levels and inventory at record highs. Rising unemployment and weak demand have analysts warning that a soft landing may no longer be possible.
Build Canada Homes Initiative to Launch This Fall, Aiming for 500,000 New Homes a Year
Canada will roll out the Build Canada Homes initiative this fall, with the goal of doubling housing output to 500,000 units per year. Backed by a $6-billion federal investment, the program could reshape affordability, lending, and mortgage demand in the years ahead.
Fixed Rates Remain Popular Choice at Renewal as Canadians Seek Stability
At renewal, Canadian homeowners are overwhelmingly choosing fixed-rate mortgages for predictability in 2025. Despite expectations of future rate cuts, uncertainty around inflation and monetary policy has kept variable demand low. Fixed terms are helping families stabilize household budgets in an otherwise volatile mortgage environment.
Bank of Canada Divided on Tariff Risks: Policy Outlook Remains Uncertain
Bank of Canada policymakers are split on tariff risks. With rates steady at 2.75%, homeowners face renewal shocks and buyers navigate uncertainty.
Canadian Home Sales Rise Again in July 2025
Canadian home sales climbed 3.8% in July 2025, the fourth month of growth. GTA drove the surge with 17% gains, even as mortgage rates stay high.
BoC’s Summary of Deliberations lands today at 1:30 p.m. ET
The BoC publishes its Summary of Deliberations at 1:30 p.m. ET. We break down the signals for September’s decision and what borrowers should watch—fixed vs variable, 5-yr GoC yields, and strategy tips.
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