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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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Prince Harry Wins 'Monumental' Legal Battle Against Murdoch's Sun

 


In a landmark victory, Prince Harry has won a significant legal battle against Rupert Murdoch's UK newspaper group, News Group Newspapers (NGN). The publisher admitted to unlawful actions at its Sun tabloid and issued a rare, full apology to the Duke of Sussex.

Harry, 40, had been suing NGN for illegally obtaining private information about him from 1996 until 2011. The settlement includes substantial damages and an admission of intrusion into the private lives of both Harry and his late mother, Princess Diana.

"This victory is not just about me, it's about holding those who abuse their power to account," Harry said in a statement. "The truth has finally been acknowledged, and justice has been served."

The apology from NGN marks a significant moment in the ongoing battle against unlawful media practices. Harry's lawyer, David Sherborne, emphasized that this case was about accountability and truth, rather than monetary compensation.

The settlement comes after last-minute talks, averting a trial that was set to begin earlier this week. Harry's co-claimant, former senior British lawmaker Tom Watson, also received an apology and damages.

Harry's mission to expose and rectify the wrongdoings of the British tabloids has resulted in a historic win, setting a precedent for future cases involving media misconduct.



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