BNN Bloomberg
🏢 Bell Media
Jul 22, 2026
· 3 min read
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CMHC predicts weak housing market activity for rest of year in updated forecast - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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Ensemble
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Article Excerpt
Slow economic growth, weak housing demand, declining home prices and lower housing starts.
That’s what the Canada Mortgage and Housing Corporation (CMHC) sees in the second half of 2026 for the Canadian real estate market.
In CMHC’s summer update to its 2026 Housing Market Outlook, the organization said a variety of factors continue to weigh on the economy as a whole and on markets across the country.
“Housing activity will likely remain weak in the near term, as very slow population growth, uncertainty, high borrowing costs and modest income growth continue to limit demand,” CMHC said.
“W…
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Jul 25, 2026