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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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Tensions Rise as Netanyahu Expands Gaza Offensive into Refugee Camps

 

In the heart of Gaza’s central refugee camps, fear and uncertainty are mounting as Israeli Prime Minister Benjamin Netanyahu unveils a new phase of military operations. The plan, recently approved by Israel’s security cabinet, targets Hamas strongholds not only in Gaza City but also within densely populated refugee areas.

The announcement has sparked widespread concern. International critics warn that expanding the offensive could deepen the humanitarian crisis, especially as food shortages and displacement continue to plague the region. Germany has already moved to restrict arms sales to Israel, while other European nations have voiced strong opposition.

Domestically, Netanyahu faces pressure from both ends of the political spectrum. Far-right members of his coalition argue the plan lacks decisiveness, while retired Israeli air force pilots have called for an immediate end to what they describe as a “futile war”. Families of hostages held in Gaza are also pleading for restraint, fearing that further escalation could endanger their loved ones.

As the situation unfolds, questions loom large: How will this expanded campaign affect civilians trapped in the camps? Can diplomatic efforts revive stalled ceasefire talks? And what long-term impact will this strategy have on regional stability?


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