Uploaded September 2026 | Updated September 2026, 8 minutes ago

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Agents and mortgage brokers are telling buyers "now is a great time to buy."

It is not.

It is only better than 2021–2022. That makes this the worst, or second-worst, time to buy a home in Canadian history when you look at price, carrying costs, distress, and what you actually get for the money.

In this week's market breakdown:
• Why the "great time to buy" pitch is sales, not analysis
• Power of sale / bank-sale listings jumping again (Ontario up ~55% year over year)
• Prices still down year over year in August in Ontario and other expensive markets
• Development charges that exploded over the last decade — in some cities well over 200% and still get baked into the purchase price
• The X / market stories that actually matter this week

If you are being rushed into a purchase because "the bottom is in," watch this first.

#CanadaHousing #RealEstate #PowerOfSale #GTAHousing #Mortgage #DevelopmentCharges #HousingMarket

This is market commentary, not financial, legal, or mortgage advice. Do your own research and talk to a licensed professional about your situation.