CREA now expects home sales decline in 2026 as it lowers forecast again

The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2026 again, despite a small uptick in the number of homes that changed hands in June.

The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2026 again, despite a small uptick in the number of homes that changed hands in June.
Last week, the president announced that the government had deposited the first $1,000 into more than 500,000 “Trump Accounts.” The program is intended to get the next generation of Americans invested in the stock market and build wealth from the day they’re born. But during his press appearance last Monday, Donald Trump revisited the idea…
For very high net worth (VHNW) individuals, what “premium” means is changing. Partly, that’s down to technology opening up new possibilities. But it’s also about who this audience is becoming. By 2040, Millennials and Gen Z will make up 35% of the VHNW population, bringing different expectations about how financial services should work. Across other…
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There are just a couple of expiries to take note of on the day, as highlighted in bold below. They are for EUR/USD at the 1.1400 and 1.1460 levels. The expiries don’t tie to any technical significance, so their impact should be relatively muted for the most part. The ones at the 1.1400 level though…
A further 71% say they would not consider turning to them at all. When ranked for credibility, professional financial advisors led every category at 60%, ahead of family members at 49%, bank staff at 37%, and friends at 32%. “When it comes to protecting their financial future, Canadians are making it clear that they still value…
Slate Property Group and RiseBoro Community Partnership have secured the financing to build 312 units of affordable housing in Williamsburg, Brooklyn. The joint venture led by the affordable housing development firm best known for its contribution to Steve Cohen’s redevelopment of Willets Point, Queens, closed on a $162.9 million loan to build two projects at…