Canada added about 75,000 jobs in July, unemployment declined to 6.4%, and bond yields moved higher. Fraser Valley prices remain below last year, creating opportunities for prepared buyers.
The Bank of Canada is balancing inflation risk against slower economic growth. The five year bond yield reached an intraday reading of approximately 3.274% and is about twenty basis points higher than one month ago. Here is what that means for buyers, renewing homeowners, and variable rate borrowers.
Metro Vancouver has roughly 7.1 months of housing supply and a benchmark price that is 6% lower than a year ago. Bond yields are also moving higher. Here is what buyers, homeowners, and renewing borrowers should know this week.
RatesFeatured PropertyWeekend EventsConnect Weekly Market Update, July 17, 2026Fixed or Variable? The Rate Gap Is Getting Hard to IgnoreMortgage rates, a River Springs property spotlight, and your weekend guide The…
July 10, 2026 · Weekly Market Update Strong Jobs Report Keeps Rate Cuts on Hold. Here’s What to Watch Next. This Week’s Market Note +18K June Jobs Added 6.5% Unemployment…
July 3, 2026 · Weekly Market Update Strong GDP. Steady Rates. Here’s What to Watch This Summer. This Week’s Market Note +0.5% Apr GDP Growth (MoM) ~3.0% 5-Yr Bond Yield…
June 26, 2026 · Weekly Market Update Inflation May Have Peaked — But Fixed Rates Are Still Rising. Here’s What to Do. May inflation report · bond yields · rate…
June 19, 2026 · Weekly Market Update Is It Time to Stop Waiting?What the Latest Housing Numbers Are Telling Us National market update · Burnaby Metrotown spotlight · Father’s Day…
Rate Update Market Update Property Spotlight Events Connect June 11, 2026 The Bank of Canada Hits Pause, Again. Here’s What It Means for Your Mortgage. Your Weekly Real Estate &…
Market Update Property Spotlight Rate Environment Events Connect June 5, 2026 Falling Prices. Motivated Sellers. The Fraser Valley Move-Up Window Is Open. Your Weekly Real Estate & Mortgage Briefing Greater…