Erich Trent  Gielau

For Canadians 55+, reverse mortgages can turn home equity into tax-free funds, offering cash flow without requiring a move from the home they love.
Funds may come as one lump sum or periodic payments, helping retired homeowners manage expenses while staying in place with added flexibility.
Common uses include increasing cash flow, supplementing fixed income, funding renovations, consolidating debt, or supporting children and grandchildren when home equity is available.
The key takeaway: understand mortgage fine print, penalty structures, and risks before choosing any option tied to home equity in retirement planning.
Canadians planning retirement can compare renewals, refinancing, reverse mortgages, debt consolidation, and self-employed options before choosing a mortgage path with expert guidance first.

Canada Reverse Mortgages For Retirement Cash Flow

National housing activity is stabilizing, with prices leveling after earlier softness and resale transactions improving, though affordability pressure keeps buyers selective today.
Mid-Q2 national sales ↓~5% yearly but ↑~6% MoM, the first monthly gain of 2026 and an encouraging sign to watch closely now.
Market balance also firmed: new listings ↓~1% MoM, the sales-to-new-listings ratio moved near 49%, and inventory sat below 5 mo nationally for buyers.
National prices looked steadier: avg. sale price ↑~2% yearly, while the benchmark was flat MoM but still ↓~4% yearly across Canada overall.
Mortgage volumes are expected to improve through late-2026, but gradually; experts see the central bank on hold near term, with direction unclear.