Toronto meltdown unlikely, BMO market forecast, BoC considered cut, Inflation gauge updated, More

The city's condo sector is in the midst of a sharp correction - but don't expect the bottom to fall View web version | Forward to a colleague 18 June 2025 Top News Toronto condo crisis: Why a full-blown meltdown looks unlikely for now The city's condo sector is in the midst of a sharp correction - but don't expect the bottom to fall out of the market anytime soon BMO warns of prolonged bear market ahead for Canadian housing Real estate corrections likely to last years, not months, as prices keep sliding BoC considered June rate cut but trade tensions led to another pause The central bank's summary of deliberations revealed uncertainty over the economy's future loomed large in its decision to keep interest rates unchanged again Seniors consider selling or remortgaging as tariffs drive retirement fears Cross-border trade tensions nudge more seniors toward unlocking home equity Shelter now more central to StatCan's inflation gauge The national statistics agency increased the weight of shelter and transportation costs in updates to its CPI basket US clashes with Canada, France at talks on financial stability Representatives disagree sharply on climate policy CMHC offers research grants to accelerate Canada's housing construction Awards support studies on offsite construction, automation, and regional building challenges International News Loan officers urge brokers to 'adapt or die' in challenging market When deals are scarce, brokers encourage colleagues to focus on relationship building House price growth slows amid stamp duty changes Rental market pressure continues New home sales rise to 13-month high Rate cuts and population growth drive demand, but supply constraints remain Rate relief fails to revive market heading into winter Increased cost of living has "hit the average Kiwi pretty hard in the pocket" 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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