The Globe and Mail reports in its Friday edition that Canada's housing market is set to remain sluggish in the coming year, according to an analysis this week from Moody's. The Globe's Salmaan Farooqui writes the firm downgraded its real estate outlook for 2027, saying it only expects modest price gains in the coming year. "A weaker labour market, higher inflation and rising borrowing costs are limiting affordability, while a further slowdown in homebuilding is restraining new supply and helping to firm prices," it said. The report also predicts that global bond yields will continue to rise, in part because of growing corporate demand for debt to finance the AI build-out. London Stock Exchange data showed that tech companies were issuing corporate bonds at a rapid pace in 2026. By August, companies such as Alphabet, Meta and Amazon had collectively issued almost $220-billion (U.S.) in bonds, more than double the same period of 2025. Higher corporate bond yields and increased competition among bond issuers have driven up yields for government bonds as well, assets that heavily affect fixed mortgage rates. Meanwhile, financial markets also expect the Bank of Canada will roll out further interest rate hikes in 2027.