Top Results For: housing market

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.

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.

At the current rate, Canada’s housing market is expected to see 'noticeably stronger activity' by early 2026, a Royal LePage report shows.

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.

While some major markets — Winnipeg, Regina, and Toronto — saw home resales go up from August to September, most markets remained tepid.

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.

The Toronto Regional Real Estate Board wrote to Premier Doug Ford asking him to step in to block the tax plan, which Chow announced as part of the city's upcoming budget.

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

Between 2020 and 2025, 25 projects have stopped sales on more than 3,200 new units in and around Toronto, numbers pulled together by BILD.

Toronto Mayor Olivia Chow starts her mornings in the City Hall gym and allowed Global News to join her workout to discuss the health of the city and its progress heading into 2026.

Housing sales in Canada in October were down compared with October last year, but were up when compared with September, the Canadian Real Estate Association said.

The Residential Construction Council of Ontario says housing starts in the Greater Toronto Area declined significantly in the first nine months of 2025 relative to recent years.

Halifax councillors say they're getting an earful from residents who are concerned about a possible double-digit hike in property tax bills.

Business and financial leaders say trade tensions are the most important factor the Canadian economy faces and a recession is still possible.

Officials with the Ministry of Finance weren’t able to say how many people they expected to use the rebate, which will essentially waive sales tax for first-time buyers.

Cities with high concentrations of students have seen the steepest declines in rents since Ottawa placed a cap on international students, a report by Rentals.ca showed on Tuesday.

Toronto's real estate board says home sales and prices were down in October from a year earlier as economic uncertainty persists.

Flanked by two Christmas trees in the White House’s Diplomatic Reception Room, Trump sought to pin any worries about high inflation and the economy on his predecessor, Joe Biden.

Sluggish December hiring concluded a year of weak employment gains that have frustrated job seekers even though layoffs and unemployment remained low.