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CMHC Just Cut Its Housing Forecast — What It Means If You're Buying, Selling, or Renewing

  Published July 28, 2026 Canada Mortgage and Housing Corporation quietly downgraded its outlook for the rest of 2026 last week, and the new numbers are worth a look no matter which side of the housing market you're standing on. The federal housing agency's Summer 2026 update now calls for slower growth, softer home prices, fewer new builds and continued easing in rental markets right through the end of the year — with a split that leaves Ontario and B.C. looking a lot different from the Prairies and Quebec. Here's what's actually in the update, and what it means for your specific situation. What CMHC changed The agency's baseline call for 2026 is a Canadian economy growing at just 0.7%, with high borrowing costs, weak population growth and cautious buyers keeping a lid on demand even as affordability has technically improved. The practical result, nationally: Housing starts are expected to fall to about 241,400 units this year, down from 259,028 in 2025 Resale acti...
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US Stocks Waver Amid Rate Cut Speculation



As the financial world turns its gaze towards the Federal Reserve, US stocks have shown a slight decline. Investors are eagerly anticipating a speech from Jerome Powell, the Fed Chair, which could provide hints on the future of interest rates. The S&P 500 has seen a minor dip, while the Dow Jones remains unsteady. The Nasdaq, largely influenced by tech, has taken a more significant hit after a collective downturn.

The market’s early-year rally has been dampened by strong economic indicators, which have lessened the likelihood of the anticipated three Fed rate cuts. The Atlanta Fed’s Raphael Bostic predicts the first rate reduction might not occur until the year’s final quarter.

Amidst these developments, all eyes are on the outcome of Disney’s proxy fight with Nelson Peltz, as well as the impact of a major earthquake on TSMC’s operations, a key supplier to tech giants like Apple and Nvidia. Intel’s shares have also dropped following a report of increased operating losses. The financial community is on alert, waiting for signals that could steer the economic course.

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