Canada Housing Prices

• Trudeau vows $100M+ to build more than 40K homes in Vancouver

  Prime Minister Justin Trudeau announced plans to build more than 40,000 homes in Vancouver in the next decade. He didn't say if the homes would be houses or apartments.

  Canada

  Dec 15, 2023
  
• Canada’s rental market facing ‘perfect storm’ as prices hit new high in July: report

  Canadian renters have long lamented the increasing prices they see landlords request of tenants, but in July, those totals hit a level unseen in the country's history.

  Canada

  Aug 11, 2023
  
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• Home prices in Canada’s suburbs outpaced downtown areas during pandemic, study finds

  New research from the Bank of Canada shows house prices in suburbs grew faster than in downtown areas during the pandemic as remote work spurred a preference for bigger homes.

  Canada

  Jun 20, 2022
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• Interest rates are holding steady. Here’s what that means for inflation, housing

  The Bank of Canada did not move its key interest rate on Wednesday, but there are other factors at play that could affect housing prices and inflation on the cost of goods.

  Money

  Jan 26, 2022
• Doug Ford to hold housing affordability summit with Ontario city mayors next month

  Ford says his goal for the summit is to work on solutions to address the "crisis" of housing affordability so more families can become homeowners.

  Economy

  Nov 25, 2021
• Canada’s housing prices set to rise again, 1st-time buyers ignore central bank warning

  Central bank Deputy Governor Paul Beaudry told would-be home buyers on Tuesday to consider if it is a "good time to buy or not," pointing to market frothiness in certain cities.

  Consumer

  Nov 24, 2021
• Annual pace of housing starts slowed in September, CMHC reports

  The drop in September came as the annual pace of urban starts fell 4.5 per cent to 223,055.

  Economy

  Oct 18, 2021
• New mortgage stress test rules may stabilize Canada’s housing market: BMO 

  The new mortgage stress rules come into effect on June 1.

  Canada

  May 26, 2021
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• Canada’s home prices boom amid COVID-19 as policymakers sit back

  In Canada, the average home price jumped 22.8 per cent in January to a record $621,525.

  Canada

  Mar 7, 2021
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• Canada planning foreign buyers tax in effort to lower country’s housing prices

  Prime Minister Justin Trudeau said last year his government would introduce such a tax, praising a similar measure in British Columbia during his most recent election campaign.

  Canada

  Dec 1, 2020