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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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Man climbs London’s Big Ben tower waving Palestinian flag


In a striking act of protest, a man climbed the iconic Elizabeth Tower, commonly known as Big Ben, at the Palace of Westminster in London early Saturday morning. Waving a Palestinian flag and reportedly shouting "Free Palestine," the barefoot man drew the attention of onlookers and emergency services alike.

The Metropolitan Police were alerted to the incident at 7:24 AM and quickly arrived at the scene, accompanied by the London Fire Brigade and Ambulance Service. Emergency crews used an aerial ladder platform to communicate with the man and work toward a safe resolution. Westminster Bridge and nearby streets were temporarily closed, causing significant traffic disruptions.

Authorities have not yet disclosed the man's identity or motives, but the protest has sparked conversations about the ongoing Israeli-Palestinian conflict. The incident highlights the lengths to which individuals will go to draw attention to political causes. Tours of the Parliamentary Estate were canceled for the day as a precautionary measure.

The situation remains under investigation as officials work to understand the full context of the protest.

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