Canada's housing market inched forward in April, but the gains were shadowed by surging oil prices, geopolitical turbulence from the conflict in Iran, and the spectre of a Bank of Canada rate hike. Together, these forces threaten to cap any meaningful recovery this year.

A 17% monthly surge in housing starts offers brokers a cautious signal, but the pipeline remains constrained.

Canadian home sales edged higher in April, offering a modest sign of spring momentum in a housing market that has struggled to regain traction through much of 2026. Still, the latest figures point to a recovery that remains tentative rather than a clear market rebound.

Ontario's commercial real estate market has undergone a significant structural shift over the past five years, according to new data from the Municipal Property Assessment Corporation.

Home sales in April 2026 rose compared to last year, while the number of listings declined, tightening the GTA market. However, average prices still slipped slightly, as buyers retained strong negotiating power due to continued choice.

Central bank warned housing slump and tariffs threaten Canada’s fragile recovery

The City of Vaughan has made a bold move to jump-start housing construction by temporarily eliminating development charges on new residential projects. Will other GTA cities follow suit?

The Bank of Canada announced today that it will maintain its overnight interest rate at 2.25%, choosing stability as inflation pressures and economic uncertainty continue to influence the outlook.

Despite ongoing economic uncertainty, TD Economics believes the Bank of Canada is more likely to ease interest rates in the future than raise them, if and when it decides to move off its current stance.

The spring market is beginning to show early momentum, with home sales in Toronto increasing modestly toward the end of the first quarter according to a new report.

Canada's spring housing market got off to a slow start, with momentum tempered by economic and geopolitical uncertainty, and the lingering effects of a long and snowy winter. However, activity began to pick up in recent weeks.

Canadian home sales remained stable in March 2026, slipping just 0.1% month-over-month and sitting 2.3% below March 2025 levels. New listings edged down 0.2%, continuing a trend of limited supply. The MLS® Home Price Index declined 0.4% from February and 4.7% year-over-year, while the national average sale price dipped 0.8% annually. Overall, the sales-to-new listings ratio of 47.8% indicates balanced market conditions.

The GTA resale market tightened in March 2026, with year-over-year sales gains and a decline in new listings. Selling prices eased compared to March 2025, offering some relief on affordability as the spring market gets underway.

A mix of loans can either strengthen or weaken your credit score, depending on how you manage spending and payments. Because credit cards, car loans, and mortgages affect scores differently, improving your number isn’t always simple.

TD Economics has sharply downgraded its outlook for Canada’s housing market, no longer expecting growth in home sales or prices this year after a weak start to 2026.

Ontario and Canada have expanded the 13% HST rebate to all buyers of new homes up to $1.5M, effective April 1, 2026. With rebates capped at $130K, the measure aims to improve affordability, stimulate demand, and support increased housing supply across the province.

Fixed rates likely to jump as Iran conflict and economic unease continue to push yields higher

The Bank of Canada elected to hold its key interest rate steady at 2.25 per cent on Wednesday.

The Canadian Real Estate Association says home sales continued moving at a slow pace in February but activity started to pick up near the end of the month.

Severe mortgage delinquencies jumped in late 2025 even as the overall rate stayed low, new Equifax data shows, offering an early signal of strain as Canada enters peak mortgage renewals.