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MARKET NEWS

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Housing starts jump in April — but don’t call it a comeback
A 17% monthly surge in housing starts offers brokers a cautious signal, but the pipeline remains constrained
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Tariffs are gutting Canadian lumber mills. Could higher housing costs follow?
Canadian sawmills are absorbing punishing losses as US duties transform North American lumber supply, with construction costs in the balance
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Iran conflict could push inflation back above 3%: Desjardins
Desjardins economists say surging energy prices tied to the Iran conflict are expected to push inflation higher through 2026, adding new uncertainty to the Bank…
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RFA reports more than $1B in mortgage originations in first quarter
The lender says prime insured mortgage growth helped drive a 40% year-over-year increase in first-quarter originations, while arrears remained well below the national average.
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B.C. privacy adjudicator finds short-term rental addresses should remain private
British Columbia's Office of the Information and Privacy Commissioner says the City of Vancouver is required to refuse to disclose addresses of short-term rental operators…
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NY plans tax on city homes over $1 million bought with cash
New York lawmakers are planning a new tax on New York City homes purchased in cash for at least $1 million, according to people familiar…
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Spring flood of listings fails to draw Canada’s buyers out
Sellers are flooding in, prices are diverging, and the path forward remains clouded by trade uncertainty and cooling demand
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Rate hike threat hangs over Canada’s tentative spring housing recovery
Geopolitical shocks and soaring oil prices cloud a modest April market uptick, warns Dominion Lending Centres' chief economist
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Canada isn’t in a mortgage crisis – but ‘the pressure on homeowners is real’
As mortgage debt tops $2.4 trillion and arrears edge higher, a licensed broker urges Canadians to act well before renewal
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