Vancouver’s Fall Housing Market Isn’t Showing Up

Canada’s housing market is heading into the final months of 2026 with a problem few expected earlier this year: just as affordability was finally improving, borrowing costs are threatening to move higher again. The U.S. Federal Reserve has raised interest rates for the first time since 2023, lifting its benchmark rate by 25 basis points. More importantly for Canadians, U.S. bond yields have surged, with the 10-year Treasury reaching 5%. Canadian fixed mortgage rates don't operate in isolati...