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Ahoy Mortgagors: The Market Be Stable...for Now

For decades now, CREA has cranked out its hotly-awaited monthly real estate report. Economists, journalists, and talking heads swarm these stats like seagulls to a chip truck, each squawking their own quick take.

MLN's monthly ritual is to take enough time to scan the full horizon; spotting trends that aren't obvious on the surface. The goal is to distill it all down into bite-sized clues for the market's next moves.

That leads us to the latest May and June figures, still fresh from the oven and steaming with implications. On a macro basis, Canada's housing numbers have less upward momentum than a vegan restaurant in Alberta — but at least they're stable.

Sales and prices are hanging in there, a small wonder given 2025's sentiment deterioration. But we can't relax yet—the forecast calls for choppy seas ahead.

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