AGP Executive Report
Last update: 8 hours agoHousing Outlook: Canada’s housing agency says it plans to build as prices fall, while forecasts point to only a modest Ontario market rebound in 2027 — one that could be tested by rising rates. September home sales fell as mortgage costs climbed, and housing starts have stalled, putting affordability gains at risk. Condo Market: GTHA condo sales doubled as investors bought units at discounts of up to 40 per cent, even as tighter construction lending threatens projects and weaker developers. Renters: Manitoba has cut by 40 per cent the eligible capital costs landlords can pass on through above-guideline rent increases, tightening a key pressure point for tenants. Commercial Property: Canada’s office market logged a fifth straight quarter of positive net absorption, but higher bond yields are putting pressure on values; building quality, reliable income and reinvestment remain central to the recovery.
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