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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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Farmers’ Fury: Greek Blockades Intensify Over Delayed Aid

 

Greek farmers protesting over the delayed payment of European Union subsidies gather near the Heraklion International Airport, in Heraklion.


Greek farmers have escalated their protests across the country, staging nationwide blockades to demand faster access to promised government funding. Major highways and key transport routes have been obstructed, disrupting travel and supply chains as farmers voice frustration over what they describe as unacceptable delays in financial support.

The demonstrations, organized by agricultural unions, highlight growing tensions between rural communities and the government. Farmers argue that rising production costs, combined with delayed subsidies, threaten their livelihoods and the stability of Greece’s agricultural sector.

Authorities have urged dialogue, but farmers remain firm in their stance, insisting that only immediate action will ease their financial strain. With blockades spreading and pressure mounting, the standoff underscores the deep challenges facing Greece’s farming industry and the broader economy.


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