
Tariff Concerns
With the reintroduction of U.S. tariffs under President Donald Trump in 2025, Ontario's housing market faces significant uncertainty. As manufacturing job losses mount and inflation rises due to higher import costs, consumer confidence is expected to decline. While the Bank of Canada is cutting interest rates to counteract economic slowdown, mortgage lenders may hesitate to pass on these savings due to increased financial risk. For homebuyers in Ontario, this could mean unpredictable mortgage rates, reduced housing demand, and a potential slowdown in new construction—especially as material costs soar.

CMHC's Recent Initiatives and Canada's Housing Landscape for 2025
The Canada Mortgage and Housing Corporation (CMHC) has introduced key initiatives aimed at addressing the nation’s ongoing housing challenges. With the federal government’s renewed commitment to the National Housing Strategy, additional funding for affordable housing, and the expansion of the Housing Accelerator Fund, efforts are being made to increase supply and improve affordability. However, rising construction costs, economic uncertainty, and shifting market trends continue to impact housing availability. As mortgage rates fluctuate and affordability remains a concern, CMHC’s policies play a crucial role in shaping Canada’s housing future.



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