AGP Executive Report
Last update: 5 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.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
