The Daily Download

Housing Transaction Volume — “'The program is working': Ontario home sales surge 130% after HST rebate”

Ontario home sales have surged 130% following the implementation of an HST rebate program aimed at stimulating the housing market. The data suggests the policy intervention is effectively driving transaction volumes in the province.

Mortgage & Rate Policy — “ECB Becomes First Major Central Bank to Raise Rates Since Inflation Resurgence”

The European Central Bank has become the first major central bank to raise rates in response to renewed inflation pressures, signaling a shift in monetary policy stance. This decision has implications for mortgage markets and borrowing costs across the eurozone.

Housing Transaction Volume — “National Weekly Auction Report – August 15th 2026 | Steady But Still Generally Subdued Home Auction Week”

Australia's housing auction market remains steady but subdued, with weekly auction activity continuing to show modest levels of transaction momentum. The market is characterized by cautious buyer and seller sentiment amid broader economic conditions.

Mortgage & Rate Policy — “Falling house prices triggers fears of negative equity. What you need to know”

Falling house prices in Australia are raising concerns about negative equity for homeowners, as property values cool and mortgage holders face potential underwater positions on their loans. The situation is prompting discussions about financial risk management among borrowers.

Mortgage & Rate Policy — “Could you save money on your mortgage? As house prices cool and lender rivalry heats up, experts say Australians should ask”

With Australian house prices cooling and increased competition among lenders, homeowners have greater opportunities to negotiate better mortgage rates and save on borrowing costs. Experts recommend consumers actively shop around and leverage the competitive lending environment.