Canadian Mortgage Professional Magazine

Royal LePage’s 2026 Market Survey Forecast pointed to a fragile national recovery, with most big-city markets edging higher while Toronto and Vancouver stayed in reverse. hubs.la/Q04cw02T0

According to Canada Mortgage and Housing Corporation (CMHC), the seasonally adjusted annual rate (SAAR) of housing starts fell 6% to 235,852 units compared with 250,961 in February. hubs.la/Q04cz3hb0

Phil Soper, President and Chief Executive Officer of Royal LePage, says Toronto and Vancouver are expected to see continued price declines, while several other Canadian cities are forecast to post steady gains amid improving local demand. hubs.la/Q04cvH8X0

Don Kottick, President of REMAX Canada, says downsizing is unlikely to happen quickly, as limited suitable housing options are causing many seniors to stay in place, slowing market movement. hubs.la/Q04clVvy0

Vancouver broker Kyle Green highlighted how hesitant buyers are now seeing more room to negotiate as sales slow and prices ease across the province. hubs.la/Q04cl-dV0

The Canadian Real Estate Association (CREA) has downgraded its forecast for 2026 sales amid a stormy economic climate and continuing uncertainty over the housing market. hubs.la/Q04clph40

Leah Zlatkin, Licensed Mortgage Broker and LowestRates .ca expert, says rising fixed rates are prompting Canadians to rethink fixed vs variable mortgage choices amid bond market volatility. hubs.la/Q04cbz9y0

Drew Donaldson, Toronto mortgage broker, said a weaker global economy could eventually lead to lower rates and bond yields, potentially supporting housing activity for qualified buyers despite near term volatility. hubs.la/Q04c9MXR0

British Columbia’s resale housing market stayed in a low gear in March, with the province posting just 5,766 MLS residential transactions. hubs.la/Q04c8m_X0

Peter Routledge of OSFI identified non bank financial institutions as a major risk in the 2026 to 2027 outlook, citing leverage and private capital exposure as potential stress triggers, while affirming proactive oversight to protect system resilience. hubs.la/Q04c84tk0

Rising oil prices are lifting inflation forecasts in Canada and the US. Claire Fan of RBC Economics says the impact remains contained, while Tiff Macklem of the Bank of Canada expects rates to stay steady. hubs.la/Q04bY17v0

An IMF warning on the US Iran conflict is adding uncertainty to Canada’s housing outlook. Drew Donaldson, Toronto mortgage broker, says a slowdown could eventually push rates lower but timing remains unclear. hubs.la/Q04bZQ4r0

Taz Zaide of 6ix Mortgage Group says appraisal challenges and weak investor demand are pushing buyers away from condos, with many opting to wait for better long-term value. hubs.la/Q04bYZ490

#CMPTV: Once niche, reverse mortgages are now growing in Canada’s mortgage market. Rene Quercia, senior vice president at HomeEquity Bank, points to increasing demand and awareness. hubs.la/Q04bFC4M0

Joel Fox, co founder and chief operating officer of Ownright, highlights that uncertainty and shifting expectations around pricing are delaying purchasing decisions even as affordability improves in some areas. hubs.la/Q04bCF530

Help identify the lenders leading the way. Join Brokers on Lenders 2026 and recognize those excelling in service, responsiveness, and innovation. Submissions close May 1. Submit your entries here: hubs.la/Q049Hp000

CMBA-BC chief executive officer Carla Giles says the upcoming conference is designed to help brokers navigate rising rates, regulatory change, and the growing impact of artificial intelligence on the sector. hubs.la/Q04bqZx80

GTA home sales posted a slight yearly gain in March, but market confidence remains weak. 6ix Mortgages broker Taz Zaide said buyers are staying cautious amid geopolitical tensions and rising bond yields, despite TRREB reporting a 1.7% increase in sales. hubs.la/Q04bqSZL0

Canada’s economy posted its first monthly jobs gain of 2026 in March, although employment growth was modest and the unemployment rate remained unchanged at 6.7%. hubs.la/Q04bnxR80

Penelope Graham of Ratehub .ca notes borrowers renewing five-year fixed mortgages could see average monthly increases of $622 as higher borrowing costs filter through the system. hubs.la/Q04bj5Dx0