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Instability in economy, U.S. shaking housing market confidence: survey

5 days ago

Instability in ecomony, U.S. hit housing market confidence

Anxiety over the economy and geopolitics are sidelining Canadians on the housing market, a survey of real estate agents by Ownright has found, with two-thirds reporting clients are more risk-averse than they were before 2022.

Investment in Canada housing construction is declining

Investment in Canada’s housing construction sector is declining, data from Statistics Canada shows. Canada’s real estate sector saw $22.6 billion invested in building construction in March, a drop of $304.6 million, or 1.3 per cent, compared with February.

The rules protecting client data weren’t built for AI

Somewhere in Canada right now, a real estate agent is uploading a client’s purchase agreement and other personal identification into an AI tool to save themselves 20 minutes. They probably have no idea they just exposed themselves to liability.

Ont. HST rebate gives developers an 'edge' over investors

Ontario’s promised HST rebate on new housing is creating an uneven playing field between developers, who are offloading unsold homes faster thanks to the tax cut, and preconstruction buyers who would also like to sell but are largely excluded from the government relief.

Housing groups urge B.C. to stop delaying Ottawa deal

COMMENTARY: Eight organizations, including the B.C. Real Estate Association and the B.C. Construction Association, have written to Housing Minister Christine Boyle expressing alarm at her inability to accept the federal government’s terms for billions in housing assistance.

Condo developers urge banks to ease presale thresholds

With the new-home market in the dumps and individual investors largely gone, developers have been struggling to sell enough of their projects’ units to qualify for construction financing. The lack of purchases during the preconstruction phase has roiled homebuilders.

London-area buyers are choosing new homes over resale

The removal of taxes on new home sales is already pushing some London, Ont.-area buyers toward newly built properties over resale homes, industry watchers say, putting added pressure on home sellers in an already slow-moving housing market.

Montreal condo sales decline 7% in April

Condominium sales in the Montreal Census Metropolitan Area fell seven per cent year-over-year in April, as overall residential transactions declined amid economic uncertainty and ongoing affordability pressures, according to the Quebec Professional Association of Real Estate Boards.

More Ontarians missing mortgage payments

More Ontarians fell behind on their mortgage payments in Q1 than the same time last year, according to Equifax Canada. The balance delinquency rate jumped 52 per cent, from 0.24 per cent in Q1 2025 to 0.36 per cent in Q1 2026.

Forced sales are on the rise in Brampton

The suburb of almost 800,000 people has been hit hard by the Greater Toronto region’s real estate downturn, with more power of sales in the province than any city other than Toronto, according to a new database.

At Heaps Estrin, details fuel the team’s marketing machine

Heaps Estrin’s sales figures are large by any conventional measure, but inside the central Toronto real estate team, much of the focus tends to be fixed on small touches tailored to each listing. 

B.C. real estate agent handed second suspension

B.C. real estate agent Afsaneh Zarshenas is facing a fresh suspension after failing to co-operate with a provincial regulator’s investigation into allegations she defrauded investors. It's the latest disciplinary action against her in a tangled case that’s been unfolding for years.

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