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CMHC Just Cut Its Housing Forecast — What It Means If You're Buying, Selling, or Renewing

  Published July 28, 2026 Canada Mortgage and Housing Corporation quietly downgraded its outlook for the rest of 2026 last week, and the new numbers are worth a look no matter which side of the housing market you're standing on. The federal housing agency's Summer 2026 update now calls for slower growth, softer home prices, fewer new builds and continued easing in rental markets right through the end of the year — with a split that leaves Ontario and B.C. looking a lot different from the Prairies and Quebec. Here's what's actually in the update, and what it means for your specific situation. What CMHC changed The agency's baseline call for 2026 is a Canadian economy growing at just 0.7%, with high borrowing costs, weak population growth and cautious buyers keeping a lid on demand even as affordability has technically improved. The practical result, nationally: Housing starts are expected to fall to about 241,400 units this year, down from 259,028 in 2025 Resale acti...

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Jennifer Lopez Joins Harris Rally in Vegas, Trump Courts Latino Voters in Nevada

 


As the U.S. presidential election approaches, Vice President Kamala Harris and former President Donald Trump are making their final appeals to voters in Nevada. Jennifer Lopez, the pop icon, will join Harris at a rally in Las Vegas, where she will speak on the importance of voting and endorse Harris's campaign. The rally will also feature a performance by the Mexican rock band Maná.

Meanwhile, Trump is focusing on courting Latino voters in Nevada, a crucial battleground state where Hispanics make up about 30% of the population. Trump will hold a rally in Henderson, Nevada, aiming to gain support from the diverse Latino community. Despite recent controversies, including offensive remarks made by a comedian at a Trump rally, the former president continues to emphasize his stance on immigration and appeal to religious voters.

With early voting numbers reaching unprecedented levels, both candidates are working tirelessly to secure votes in the final days leading up to the election. The outcome in Nevada could play a decisive role in determining the next president of the United States.


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