AI news brief
Buying a house with reward points, the Home of the Week and more top real estate stories
Globe and Mail - Business - 2026-10-09
AI Summary
A new rewards program called Quarters allows Canadians to earn points on everyday spending, including rent payments, which can be redeemed towards home purchases, potentially saving on closing costs. Analysis of census data reveals pockets within Vancouver and Toronto have experienced population decline, suggesting potential for increased housing density in these areas. In Saskatchewan, a disciplinary decision for two realtors involved in a large-scale scandal has sparked controversy, with the Saskatchewan Realtors’ Association deeming the penalties insufficient.
Key takeaways
- New program allows earning points for home down payments.
- Some urban neighbourhoods show population decline.
- Real estate agent discipline sparks regulatory debate.
What this could mean for homebuyers
Mortgage news can affect fixed rates, variable-rate expectations, affordability, and buyer timing. Use this article as context, then compare today's rates or ask the AI Mortgage Advisor how it applies to your situation.