Back to News
investment

Mortgage rates already rising as war in Iran continues

Larysa Harapyn
Loading...
2 min read
0 likes
⚡ Quantum Brief
A March 2026 report highlights rising mortgage rates in Canada, driven by geopolitical tensions after escalating conflict in Iran disrupted global markets and fueled inflation concerns. Shaun Cathcart, senior economist at the Canadian Real Estate Association, warns the housing market remains stalled due to a paradox: buyers wait for price drops, but sellers delay listings until stability returns. Inflation pressures, exacerbated by the Iran conflict, are prompting central banks to signal potential interest rate adjustments, directly impacting mortgage affordability for Canadian homebuyers. Cathcart notes that prolonged uncertainty could deepen the housing slowdown, as higher borrowing costs deter first-time buyers and investors from entering the market. The stagnation persists despite pent-up demand, with market participants trapped in a holding pattern until either prices stabilize or external economic shocks subside.
AI Audio Summary
0:00 / 0:00
Click to play
172b34b5-d433-49ff-82d3-94913f0620b5.jpeg
Quantum News · Media Library

Watch: 'Prices stabilize when the market gets going, but the market doesn't want to get going until prices stabilize'You can save this article by registering for free here. Or sign-in if you have an account.Shaun Cathcart, director and senior economist, housing data and market analysis at the Canadian Real Estate Association, talks about Canada’s housing market and how inflation and the Iran conflict are affecting mortgage rates.Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.365 Bloor Street East, Toronto, Ontario, M4W 3L4© 2026 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited.This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.You can manage saved articles in your account.and save up to 100 articles!You can manage your saved articles in your account and clicking the X located at the bottom right of the article.

Read Original

Tags

government-funding

Source Information

Source: Financial Post

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.