Immigration’s housing impact, Rate cuts forecast, Toronto buyer’s market, Renewal surge, More

Reduced immigration could put a short-term dampener on Canada's housing market View web version | Forward to a colleague 15 May 2025 Top News Reduced immigration could put a short-term dampener on Canada's housing market But a gradual return to more normal immigration numbers should buck that trend as the Bank of Canada eyes rate cuts RBC sees continued rate cuts from Bank of Canada and Fed Easing trade tensions and slowing growth support additional monetary policy easing From bidding wars to bargaining: Toronto home sellers offer deep discounts Toronto housing market sees lowest sales in 30 years Mortgage renewals surge as home purchases decline, report says Experts weigh in on the current climate Canada's new housing minister says supply alone won't fix crisis without federal help Former Vancouver mayor cites municipal limits and calls for national supply strategy Carney eyes income tax cut by July, delays federal budget New cut will cost about $27bn over the next five years International News Reverse mortgage myths are costing retirees big, warns mortgage veteran Forget the 'loan of last resort' label – reverse mortgages are becoming retirement's most misunderstood power play Why the BoE's base rate cut is more impactful for the mortgage market than tariff changes The interest rate environment is the 'number one' driver for the housing sector Refinancing hits 18-month high ABS data shows nearly 100,000 borrowers switched lenders in Q1 as rate competition intensifies Nine in 10 resellers make a profit in Q1 2025 "Weaker, but not weak" – property resellers are still turning reasonable profits despite market softness Want to change how you receive these emails? You can manage your preferences or unsubscribe. © 2025 KM Business Information Canada Ltd. 317 Adelaide Street West, Toronto, ON Privacy | Conditions of Use | About us | Contact us

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