10/12/2026
When you’re watching Canada’s housing outlook, bond yields deserve attention too. TD points to higher yields, which influence fixed mortgage rates, as a key reason for its weaker sales forecast.
TD has lowered its Canadian housing outlook, forecasting an approximately 5% decline in home sales for 2026 as elevated bond yields put pressure on borrowing costs. National average home prices are expected to remain roughly flat this year, with growth below 2% projected for 2027. The bank anticipat...