Canadian Mortgage Professional

Prices and sales slide again as the condo crisis continues By 03 Sep. 2026 Sales and prices are on the way down again in Toronto’s condo market, with new Toronto Regional Real Estate Board (TRREB) data showing the sector’s downturn is dragging on. The number of condos sold last month fell by 2.6% across the Greater Toronto Area (GTA), tumbling to 1,330 as both the city centre and wider 905 region posted declines. Prices, meanwhile, slipped by 3.6%, spurred by a big drop (7.6%) in the 905.

With rates widely forecast to hold, mortgage brokers face another quarter of renewal conversations with no clear relief By 01 Sep. 2026 The Bank of Canada is expected to hold its overnight rate at 2.25 percent on Wednesday, marking a seventh consecutive rate hold. Forecasters and bond markets are in near-total agreement. For mortgage brokers, that consensus brings no comfort. It prolongs a client conversation that has grown harder with each passing hold.

Strong July hiring clouds September rate call outlook By 11 Aug. 2026 Canada's economy had a surprisingly resilient July, adding more than 75,000 jobs and far outpacing forecasts. But while that points to a stronger than expected economic performance, the Bank of Canada still looks likely to continue its wait-and-see approach as it weighs up the impact of the Iran conflict on inflation and the price outlook.

New data maps median sale prices near 70 GO stations. Gaps are wider than clients expect By 22 Jul. 2026 A new Wahi analysis maps GO Transit home prices across the GTA’s nearly 70 stations. It reveals a $1.7 million spread between the network’s cheapest and most expensive neighbourhoods. For brokers advising buyers priced out of Toronto, the station-by-station breakdown of GO Transit home prices across the GTA is a practical referral tool, not just a market curiosity.

More than 203,000 sq. Ft. of positive absorption and falling Calgary office vacancy signal improving conditions for commercial lenders By 22 Jul. 2026 Calgary’s suburban office market posted its strongest quarterly result in years during Q2 2026. Positive net absorption across the city exceeded 203,000 square feet. That means more space was leased than vacated, according to Avison Young’s Q2 2026 market data. Suburban offices drove the bulk of that gain.

New 50% US levies threaten to derail Canada's fragile 2026 housing recovery By 21 Jul. 2026 A pullback in Canada’s overall inflation rate seemed to give cause for optimism to mortgage market watchers yesterday – but it was quickly overshadowed by the announcement of a flurry of new US tariffs on Canada, set to come into effect in August.

As AI spending climbs, organizations are creating dedicated AI enablement roles to bridge technology and business outcomes By 20 Jul. 2026 The number of AI enablement job postings on Indeed Canada has grown approximately 80-fold since early 2024 while the overall number of job postings has declined, according to data provided to HRD Canada by the job-search company – a signal that Canadian employers are no longer treating artificial intelligence (AI) as an information technology (IT) project.

Here's what brokers need to know before the August 14 nomination deadline By 13 Jul. 2026 Mortgage professionals across Canada have until August 14 at 11:59 p.m. ET to submit a nomination for the 2026 Canadian Mortgage Awards (CMA), the industry's benchmark recognition programme now entering its 20th year. This year's edition spans 26 categories across broker, brokerage, lender, and industry segments, with winners revealed at a gala on November 25 at Rebel Toronto.

A Toronto broker says cross-border relocations are a growing trend in the GTA By 09 Jul. 2026 Prime Minister Mark Carney says Canada’s old relationship with the United States is “over” – and the cross-border tensions that erupted last year are also convincing many Canadians to reassess their property holdings in the US, with many reportedly ready to sell up and reinvest in Canada.

A Toronto broker says cross-border relocations are a growing trend in the GTA By 09 Jul. 2026 Prime Minister Mark Carney says Canada’s old relationship with the United States is “over” – and the cross-border tensions that erupted last year are also convincing many Canadians to reassess their property holdings in the US, with many reportedly ready to sell up and reinvest in Canada.