Rates and market news

Toronto and Hamilton condo sales rose roughly 50% year-over-year in mid-2026, driven by rate relief, price resets, and returning first-time buyer demand. At the same

Lower inflation in Canada does not automatically lower your mortgage rate, but it moves the levers that eventually can. Cooling CPI reduces pressure on the

. CREA cut its 2026 forecast on July 15 because population growth slowed faster than expected and fixed mortgage rates spiked earlier in the year.

Yes, but only partly. Canada’s real estate market is stabilizing without fully recovering. Prices have flattened, sales are edging up, and affordability is at a

The sales-to-new-listings ratio is a percentage that shows whether Canadian home sales are keeping pace with new listings. Above 60 percent tilts toward sellers, below

Last updated: July 2026 Quick Answer In the second half of 2026, the Bank of Canada is expected to hold its overnight policy rate at

Yes, many Canadians are worried about their mortgage payments, but the share has fallen. The CMHC 2026 Mortgage Consumer Survey found that 39% of mortgage

Last updated: November 2026 Quick answer As of {{rate:as-of|3 November 2026}}, the lowest rates on the Pegasus rate table are {{rate:5y-fixed|4.29%}} for a 5-year fixed

Most economists do not expect Canadian mortgage rates to fall this summer. The Bank of Canada is holding its policy rate at 2.25%, and its

Yes — mortgage problems are getting worse in Ontario and Toronto, but the strain is concentrated, not widespread. As of Q1 2026, Ontario’s 90+ day

In 2026, Canadian homebuyers are more confident than a year ago, but still cautious. CMHC’s 2026 Mortgage Consumer Survey found that 39% of mortgage holders

Yes, many Canadians are worried about their mortgage payments. According to the CMHC 2026 Mortgage Consumer Survey, 39% of Canadian mortgage holders remain concerned about