Market Media Monday - June 8, 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.

[ Toronto-area home sales up 6% in May as prices fall: real estate board ]
"The Greater Toronto Area marked its third straight month of higher home sales compared with a year earlier, as the city’s real estate board says the market tightened in May."

[ Nearly one in 10 Toronto mortgage holders won’t qualify to refinance next year ]
"Toronto homeowners remain some of the country’s most vulnerable borrowers, according to a recent Bank of Canada report. The new study estimates that roughly nine per cent of Torontonians with mortgages won’t qualify for refinancing next year—more than double the percentage of Canadians as a whole."

[ Landlord hasn’t paid the mortgage? Know your tenant rights in event of power of sale ]
"Panic sets in, as you don’t know if you can continue to call this place your home. Experts say there are a number of ways this scenario can play out, but knowing your rights as a tenant when the bank takes over is a critical first step. Kelly Ho, a certified financial planner at DLD Financial Group, said renters need to consult their provincial tenants act. In many provinces the new owner or the bank is required to continue the tenant agreement if the lease term hasn’t ended, but that may not be true for all jurisdictions, she said."