Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Gaza Ceasefire Talks Resume Amidst Grim Milestone: Over 40,000 Palestinians Killed

 

In a desperate bid to end the devastating conflict, negotiators from Israel and Hamas have resumed ceasefire talks in the Qatari capital, Doha. The war, which has raged for over ten months, has now claimed the lives of more than 40,000 Palestinians, according to Gaza health officials.

Despite the grim toll, yesterday’s negotiations were described as “constructive” by a US official. However, significant obstacles remain. Hamas insists on implementing a framework agreement that includes a complete ceasefire, withdrawal of Israeli forces, the return of displaced Palestinians, and a hostage exchange deal.

The situation is dire. Gaza’s Health Ministry reports that many more Palestinians are buried under rubble and threatened by illness. As the talks continue, the world watches, hoping for a breakthrough that can bring an end to this devastating conflict. 

Labels:

Comments

Post a Comment