Top Results For: housing market

Canada's housing market is expected to stay 'subdued' this year amid economic uncertainty stemming from the trade war and U.S. tariffs — with a recession still a possibility.

In addition to higher mortgage costs, new homebuyers are also struggling with the cost of buying starter homes in today’s housing market, a new report shows.

Home sales in the City of Calgary fell 14.2 per cent in December compared with a year earlier as prices decreased to close out the year.

Canada's biggest banks have been setting aside hundreds of millions of dollars in case customers can't pay off their loans, including mortgages.

The federal government has announced a massive expansion of military housing, with CFB Kingston slated to receive more than 900 new residential units in the coming years.

A new report shows the average rent across Canada has hit a 31-month low, with big drops in cities like Toronto and Vancouver as supply outpaces demand.

Criticism from the Greater Vancouver Board of Trade draws out a response from the B.C. government after a press conference was held on Tuesday.

Home Depot says it's seeing 'significantly reduced' demand for some of its merchandise as consumers remain cautious about an uncertain economy and job market.

The data indicates this January’s new home sales were down 36 per cent from last January and are 80 per cent below the 10-year average.

Data released by the Canada Mortgage and Housing Corporation shows that Ontario saw a 12 per cent bump in new housing starts for January 2026 compared with the same period in 2025.

The slump in housing starts – 62,561 in 2025 – is also an all-time low since the Ford government promised to build 1.5 million homes during the 2022 provincial election

Alberta Premier Danielle Smith said immigration is one of the issues she plans to discuss during a province-wide television address on Thursday, Feb. 19.

While the finance minister wouldn't commit to change, he said all options remain available to the government, including looking at 'out-of-the-box ideas.'

Toronto-area home sales fell again on an annual basis, as buyers remained on the sidelines much like they did for the majority of the year amid a lack of confidence in the economy.

Red Deer city council passed a resolution earlier this week refusing to give back the first installment of funding pending a meeting with the federal housing minister.

The value of residential properties in Calgary rose by just one per cent this year, according to the city's assessment, after jumping 15 per cent last year.

The 2026 budget, unveiled with a 2.2 per cent tax increase on Thursday, suggests staff plan to slash short-term spending plans for parks and libraries to deal with the gap.

Trump's proposal is tapping into long-standing fears that corporate ownership of homes has pushed out traditional buyers, forcing more people to rent.

Canada’s kitchen cabinet industry says U.S. tariffs remain devastating despite Trump pausing planned increases, with companies warning of layoffs and lost profits.

U.S. President Donald Trump has proposed introducing a 50-year mortgage to spur activity in the housing market. But experts say Canadians are unlikely to follow suit.