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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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Market Jitters: Stocks Slide as Trump Revives Tariff Threats

Wall Street faced renewed uncertainty as Dow Jones, S&P 500, and Nasdaq futures dipped following President Trump's latest tariff threats. Investors reacted cautiously to his remarks about imposing unilateral levies on trading partners, a move that could disrupt global trade dynamics.  

The Dow Jones Industrial Average edged down to 42,865.77, slipping 1.10 points from its previous close. The S&P 500 dropped 16.57 points, settling at 6,022.24, while the Nasdaq Composite fell 99.11 points to 19,615.88.  

Trump reiterated his stance on trade negotiations, stating that letters outlining tariff rates would be sent to trading partners within weeks. This announcement comes as the Federal Reserve prepares for its upcoming policy meeting, where officials will assess inflation trends and potential interest rate adjustments.  

Meanwhile, Boeing shares took a hit after reports of a deadly plane crash in India, adding to market volatility. Investors are also eyeing upcoming wholesale inflation data, which could provide further insight into economic conditions.  

With geopolitical tensions and trade uncertainties mounting, market participants remain on edge, awaiting further clarity on U.S. trade policy and its broader economic impact.

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