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Canadian Real Estate Association has downgraded its housing market forecast following a jump in fixed mortgage rates and weaker than expected housing sales in the first three months of 2026. CREA had been forecasting higher sales, based on the idea that pent-up demand would emerge, especially from first-time buyers.
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Seven-time winner Ronnie O'Sullivan begins his bid for a record-breaking eighth World Snooker Championship title with a match against China's debutant He Guoqiang at the Crucible.
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Asia markets opened higher, with Nikkei at an all-time high after Wall Street hit record levels on growing expectations of a U.S.-Iran deal to end the war.
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