Rent or buy: When does homeownership actually make financial sense? + MORE Sep 18th
Pierre Poilievre joins Ron Butler for housing, homeownership discussion
– canadianmortgagetrends.com
The Conservative leader joined mortgage broker Ron Butler for a wide-ranging discussion on housing affordability, development costs and the federal government’s approach to homeownership.The organization said home sales last month totalled 37,504, down 6.9% from August 2025.
On a seasonally adjusted basis, activity fell 0.7% compared with July of this year.
Overall, sales activity and price trends were largely unchanged for a fourth consecutive month, CREA senior economist Shaun Cathcart said in a news release.
“What has changed is the broader economic environment, with the Bank of Canada recently warning of rising inflation risks, along with doubts about the durability of recent economic growth,” he said.
“For borrowers, fixed mortgage rates have already increased on higher bond yields. Meanwhile, on the variable rate side, a rate hike is not only back on the table for this year but already priced in by markets. This fresh round of incoming headwinds is expected to dampen the prospects for further housing market momentum heading into 2027…
