Housing Market
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Climate change is affecting how Canadians plan to buy homes, report saysA new BMO report said 39 per cent Canadians say climate-related factors such as wildfires, floods, heatwaves, and storms will affect where they live in the next five years.EnvironmentApr 30
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Do you need to own a home to be wealthy in Canada? How renters can get aheadSome renters might be feeling less secure about their finances than if they owned a home, but experts say there's a path to build wealth outside the housing market in Canada.MoneyApr 27
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What is a halal mortgage? How interest-free home financing works in CanadaAs part of the 2024 federal budget released last week, Ottawa said it is 'exploring new measures to expand access to alternative financing products, like halal mortgages.'MoneyApr 23
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30-year amortizations will only impact a ‘sliver’ of the housing market: BMOThe Liberal government's shift to allow 30-year mortgage amortizations for some first-time homebuyers will impact a 'small segment' of the housing market, a BMO economist says.MoneyApr 12
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Annual home prices predicted to rise nearly 10% by end of year: Royal LePageRoyal LePage is predicting that annual home prices will rise nine per cent by the end of the year in an updated housing market forecast.CanadaApr 12
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Canada needs another 1.3M homes by 2030 to solve supply and demand gap: PBOThe Parliamentary Budget Officer said in a report released Thursday that it will take building a total of about 3.1 million homes to solve Canada's housing gap.CanadaApr 11
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Buying a home feels out of reach for 76% of non-owners, poll showsAn overpriced housing markets and the inability to save for a down payment are contributing to the housing market feeling out of reach for a majority of non-owners, a report said.ConsumerApr 11
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Are ‘mom-and-pop’ investors pricing out first-time homebuyers?Experts said that wealthy investors with second or third properties are pricing out first-time homebuyers and reducing the overall housing supply in the real estate market.CanadaApr 1
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A lawsuit wants to change the way you pay your Realtors. What to knowEarlier this month, the National Association of Realtors in the United States agreed to do away with policies that for decades helped set agent commissions.CanadaMar 27
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It’s the best time of year to negotiate your mortgage rate. Here’s howNow is one of the best times of the year to get lenders competing for your mortgage, experts say. Here's what you need to know to negotiate a better deal.MoneyMar 16
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