Category: Uncategorized

Canada’s foreign-buyer ban is set to expire January 1, 2027, and federal officials are exploring rules steering offshore money toward new construction and redevelopment.
Housing supply remains central: the housing agency says Canada must roughly double annual starts over the next decade, from ~259K now to 430K-480K.
The model under review would allow foreign purchases of new construction and vacant land, while keeping existing homes off-limits to direct capital toward supply.
Current rules already include some exemptions for vacant land, redevelopment and certain publicly traded entities in Canada, and they apply mainly across Canada’s urban markets.
Mortgage brokers, agents, lawyers and notaries have a stake in the policy shift, and current rules make protective contract provisions especially important.
As the 2027 expiry nears, policymakers are expected to sort access by property type and development intent, reopening targeted segments to foreign capital.

Canada's next building permits update is expected to show a MoM ↓~2% in Late-Q2, extending the prior period's slightly smaller ↓~2% move.
That expected pullback points to slower construction activity in Canada and gives investors an early signal on housing-market momentum before the official data release.
If the decline comes in smaller than expected, it may show Canada's housing sector has held up better under pressure, supporting confidence in construction-related industries.
If the estimated ↓~2% is confirmed, investors may read it as softer confidence and a cooler housing market, with broader effects on jobs and investment.
For Canada, permit trends can shape views on Real Estate, construction, consumer spending, and how the central bank may weigh future economic forecasts.

In Calgary, detached homes were the only major housing type with yearly growth in Q2, reaching a median $814.6K as demand stayed stronger.
Calgary condos moved the other way in Q2, with median prices ↓~4% yearly to $258.6K as added supply created more pressure marketwide.
Overall, Calgary's market stayed relatively balanced in Q2, and the aggregate home price was $695.3K, essentially flat yearly despite different trends by property type.
Competition remained strongest for detached homes below $700K and above $1.5M, while first-time buyers stayed active and Calgary's affordability continued attracting out-of-province demand.
Looking ahead, the forecast called for Calgary aggregate home prices to post modest growth by Q4 2026, even with condos facing continued supply pressure.

The Civic Long Weekend is that magical time when emails mysteriously stop being urgent and everyone suddenly becomes an outdoor enthusiast with barbecue ambitions.
It’s the official season of “quick getaway” plans that somehow involve more traffic than the entire workweek combined, plus snacks bought in emergency bulk.
Parks, beaches, and backyards transform into competitive zones for grilling skills, loud laughter, and pretending Monday does not exist yet.
Happy Civic Long Weekend! May your plans be easy, your food be grilled just right, and your return to reality feel slightly less painful than expected.