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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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Police Intensify Search of Mountbatten-Windsor’s Former Estate Following Arrest

Police search at Royal Lodge continues for second day as Andrew released under investigation.


British police continued an extensive search of Andrew Mountbatten-Windsor’s former residence on Friday, one day after his arrest on suspicion of misconduct in public office. Officers were seen entering Royal Lodge and the Sandringham Estate as part of an ongoing investigation linked to his association with the late financier Jeffrey Epstein. Journalists gathered outside the properties as unmarked police vehicles arrived throughout the morning. 

Mountbatten-Windsor, formerly known as Prince Andrew, was detained for roughly 11 hours before being released under investigation. Authorities have not filed charges, but the inquiry remains active, with searches now stretching into a second day. 

The arrest marks a significant escalation in the long‑running scrutiny surrounding his ties to Epstein. Police have confirmed that investigative efforts will continue as they examine allegations that the former prince may have shared confidential information with the disgraced financier.

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