Permits fall, condos stall, and debt risk keeps rising
Some markets can't be stopped while others are still deep in the red
Ontario mortgage arrears are up 47.7%, and regulators just issued $1.2M in fines targeting mortgage professionals.
Ontario cuts HST on new homes, development charges are getting slashed, and a pickleball court gets a $500K tax bill.
Rents dip to $2,030, but demand surges 39%. B.C. rebounds hard, Maritimes explode. and CMHC warns supply crunch ahead.
Rate hike bets are back, population growth has reversed, and lenders are returning with a much more selective lens.
Ontario backs a condo rescue fund, RECO tightens oversight, and global conflict starts hitting renewals.
Developers are in trouble, CRA tightens the rules and banks are being warned.
AI threatens 5% commissions. Funds freeze. Rent pain spreads.
Developers are dangling price guarantees to bring back buyers, and churches may become homes.
Downtown office towers are filling up again. Then: $150K fine drama, Canada’s hottest rental markets, condo deals under $400K, and inflation easing.
$2.7M taken from trust accounts, power-of-sale listings rise, Toronto condos called Ponzi finance, private funds want your money
