CostToClose

Canadian housing market updates — 2026

Canadian housing market updates for 2026: Bank of Canada rates, city market pages, first-time buyer rules, provincial measures and dated, sourced change notes.

Rates, policy changes, and city-by-city conditions — every claim dated and sourced, reviewed regularly so it doesn't go stale.

MarketLatest UpdatesDated, sourced notes on every tax rate, rebate or rule change we have applied. MarketThe Bank of Canada rate is 2.25%Policy rate 2.25%, prime 4.45%, posted 5-year fixed 6.09% — and what is expected next. MarketThe First-Time Home Buyers' GST Rebate on New Homes: What It's Worth (2026)100% of GST back on new homes up to $1M ($50,000 max), phasing out to zero at $1.5M. MarketThe stress test rate you actually qualify atThe 5.25% floor and the contract-plus-2 rule, with worked examples. MarketNew home prices: Statistics Canada NHPI, 2026-07StatCan new housing price index for major Canadian markets, monthly. MarketCanada's housing market by cityToronto, Vancouver, Montreal, Calgary, Edmonton, Ottawa, Winnipeg and Halifax compared, with what's driving each. MarketWhat renewing today actually looks likeToday's rates and the payment math for anyone renewing a mortgage. MarketThe 2026 Rental Lending Change for Investors: What OSFI Actually DidWhat OSFI's 2026 capital rule change means for rental-property mortgages. MarketMonths of Inventory Explained: How to Read Your Local Market (2026)How to read months of inventory, the sales ratio, days on market and sale-to-list. MarketAre Trigger Rates Still a Risk in 2026?Are trigger rates still a risk with prime at 4.45%? MarketFixed vs. variable, with today's numbersFixed vs. variable compared at the current policy, prime and posted rates. MarketEvery Federal Housing Measure in Force in 2026: One ListEvery federal housing measure in force in 2026, on one list. MarketProvincial Housing Measures in 2026: Taxes, Rebates and Rules by ProvinceProvincial and municipal taxes, rebates and rules in force, by province. MarketWhat Changed for First-Time Buyers in 2025 and 2026Everything that changed for first-time buyers in 2025 and 2026. MarketBuyer's or Seller's Market? Read It Yourself From Four Numbers (2026)Read the market yourself from four numbers in your board's report. MarketWhat $500,000 Buys Across Canada, and What It Costs to Close (2026)What $500,000 buys — and costs to close — in cities across Canada.