\u201cThere\u2019s a lot of global tensions right now that are affecting our market. What\u2019s affecting bond yields? What affects fixed rates? Agents and brokers should know that. We as mortgage agents and brokers should never predict, but one thing we should do is make sure that we understand the knowledge so we can future-prepare homeowners for what could be coming down the pipeline,\u201d Valko said at the event.<\/p>\n
Ontario and BC\u00a0weigh on 2026 home prices<\/p>\n
CREA expects Ontario\u2019s average price to fall 3% to $809,334 and British Columbia\u2019s to slip 0.8% to $944,685 this year, while Newfoundland and Labrador (5.7%) and Saskatchewan (5%) lead gains.<\/p>\n
For 2027, it forecasts a 4.4% rebound to 464,235 sales and a 1.2% price gain to $689,909, assuming limited action from the central bank. Even that recovery would leave sales about 4,400 below 2025 levels.<\/p>\n
Andy Kuyper, head of partnerships and secured lending at TransUnion, was cautious on timing.<\/p>\n
\u201cI\u2019d like to be optimistic. I think we\u2019re facing the reality that with the geopolitical climate and everything that\u2019s happening here, our mortgage industry is probably not ready to rebound. We are seeing slight growth in originations, we\u2019re seeing slight growth in mortgage balances \u2013 a lot more on the refi side,\u201d he said at MortgageFest.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cThere\u2019s a lot of global tensions right now that are affecting our market. What\u2019s affecting bond yields? What…\n","protected":false},"author":2,"featured_media":632767,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,199139,310152,219,111,139,69,310153],"class_list":["post-632766","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-canada-housing-market","tag-canada-real-estate-association-crea","tag-economy","tag-new-zealand","tag-newzealand","tag-nz","tag-resale-housing-market-forecast"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/632766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=632766"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/632766\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/632767"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=632766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=632766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=632766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}