Monday, 20 April 2026

Market Media Monday - April 20, 2026

A curated list of recent headlines relevant to real estate in Canada or locally, with short excerpts. Click each headline link to read the full article on the source site.

Canadian Real Estate Association downgrades housing market forecast due to 'oil shock' ]
"The Canadian Real Estate Association (CREA) has downgraded its housing market forecast following a jump in fixed mortgage rates and weaker than expected housing sales in the first three months of 2026. CREA had been forecasting higher sales based on the idea that pent-up demand would emerge, especially from first-time buyers. But in the second half of March, inflation caused by a spike in oil prices raised the odds of a Bank of Canada rate hike, which raised bond yields and caused a jump in fixed mortgage rates."

Commercial real estate market at turning point as vacancies drop: report ]
"Canada’s commercial real estate sector could be at a turning point after the national vacancy rates for both office and industrial properties simultaneously declined for the first time since 2020, a new analysis has found."

First-time homebuyers have returned to the market—with a little help from their parents ]
"First-time homebuyers living in this city depend more on their parents to cover their mortgages and interest payments than ever before, according to a new Bank of Canada report. It found that the percentage of Torontonians who co-signed with a parent is 13.8 per cent, up from 4.1 per cent in 2004."

Fixed or variable? Four experts weigh in as volatility clouds the decision ]
"With two-thirds of homeowners feeling uneasy about their upcoming renewal, and about a third of prospective buyers planning to make a purchase in 2026, according to the TD survey, we reached out to several mortgage experts to ask for their product recommendations. "

No comments:

Post a Comment