Toronto-Vancouver condo crisis, Housing outlook update, Trump tariff victory, Delinquency and insolvency trends, More

Toronto's condo market nightmare could be spreading to Vancouver View web version | Forward to a colleague 11 June 2025 Top News Toronto's condo market nightmare could be spreading to Vancouver Investor demand for condos is plummeting in Vancouver's city centre, raising fears of a Toronto-type crisis National housing market showed uneven recovery in May, says RBC Early-year housing slowdown shows signs of easing Appeals court says Trump tariffs can stay in place for longer Tuesday decision extends earlier reprieve for Trump administration on trade policies Canadian businesses faced mounting financial pressure in Q1, data shows Over 309,000 businesses missed at least one credit payment in the first three months of the year Insolvency filings jump 10% as Canadian economic outlook darkens Rising debt and economic uncertainty drove a double-digit surge Federal real estate cutback saw little progress over recent years, says watchdog Government planned to repurpose vacant buildings for other public uses such as housing, but its goals have barely advanced CIBC chief says Canada's economy in 'suspended animation' as tariffs continue Dodig says trade tussle "not a crisis" International News Fed expected to keep rate cuts on ice amid continuing inflation fears The central bank is now seen reducing rates again in September at the earliest, economists say Where borrowers are going wrong with their mortgages Social media is causing confusion for buyers, it's claimed Apartments outpace houses in price growth Unit markets surge on lifestyle demand, infrastructure and investor appeal "A strange market" for developers as buyers stall Usually, lower rates would have borrowers rushing to the banks. In 2025, that isn't happening 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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