Residential real estate is looking more alive, at least for the time being.

Despite an economic outlook that is questionable at best, homebuying fundamentals have clearly improved by some measures.

Below we'll unpack all that—before the market changes its mind.

Wednesday was one of those days when bad news was good news, at least if you’re a mortgage shopper. Between the weak data, factory closures, and federal bailouts, traders could practically hear the Bank of Canada rummaging through its drawers for the rate-cut shears.

For mortgage originators who aren’t handcuffed to realtor referrals—and who enjoy the idea of making money while saving clients even more—this might pique their interest.

Kepyr, a relatively fresh face in online realty, is handing Ontario homebuyers an 80% rebate on commissions. That's twenty grand on a typical $1 million purchase.

Now, as we all know, these cash-back realtors have been coming out of the woodwork for years. But this one has got the attention of venture-backed online names like Nesto, which recently inked a deal with Keypr for mortgage referrals.

On Tuesday, Fed Chair Jerome Powell gave a speech so dovish it could’ve nested in a bird sanctuary. Overly hawkish economists subsequently scurried to revise their forecasts, and could barely do it fast enough.

Bond markets ended last week in full soap-opera mode — tariffs, blockbuster employment, an oil slide, and political theatrics all competed for the spotlight.

For mortgage advisors with client databases, deal mining remains the closest thing to finding loose change in the couch cushions. Except the coins are worth commission cheques.

But if you don't have a database miner, setting one up can feel like learning Excel from a YouTube instructor who keeps saying, “it’s easy.”

That's where Property Fox comes in. It digs through funded deals like a forensic accountant, and—according to founder Matt Parker—comes with ample setup support to give brokers a running start.

Born from personal need

Property Fox began the way many good inventions do—the founder got tired of yelling at a spreadsheet that refused to act like software.

In economics, what goes down usually goes up. And this time it went back up much faster than expected.

Today's job gains nearly erased last month’s 65,000-plus loss—the type of snap-back chiropractors appreciate. But don't tell the BoC.​

Investors nudged up the 5-year yield by two ticks on Thursday, as investors restlessly awaited Friday’s job numbers.

Apart from that, however, it was yet another eerily subdued trading session.