This Week’s Top Stories: Canadian Home Prices Lead G7 Declines and Canada’s Population Didn’t Shrink

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Is The Fastest Falling In The G7, Remains Frothy Canadian real (inflation-adjusted) home prices fell 2.1% in Q4 2025, bringing the decline from their 2022 peak to 28.4%. The correction is the sharpest among G7 countries, after Canada led the group for growth and prices nearly doubled between 2010 and the peak. Yet even after a correction heard ‘round the world, Canadian home prices retain the second-largest gain in the G7 since 2010. The bubble is losing air, but it’s far from collapsing, and prices likely have a long way to go before returning to historically healthier levels. Continue Reading… Canadian Mortgage Arrears Hit Recession Levels, Reality Is Likely Worse Canada’s banks continue to see mortgage credit erode. The CBA reports its member banks’ arrears rate climbed to 0.29% in May, more than double its 2022 low and the highest in nearly a decade. The number of mortgages in arrears rose to 14,061, up 27.1% from last year—a pace of growth rarely seen outside a recession. With new originations also failing to replace outgoing loans, banks are facing a rare combination of shrinking m...