Canada Housing Prices
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Trudeau vows $100M+ to build more than 40K homes in VancouverPrime 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.CanadaDec 15, 2023
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Canada’s rental market facing ‘perfect storm’ as prices hit new high in July: reportCanadian 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.CanadaAug 11, 2023
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Home prices in Canada’s suburbs outpaced downtown areas during pandemic, study findsNew 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.CanadaJun 20, 2022
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Interest rates are holding steady. Here’s what that means for inflation, housingThe 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.MoneyJan 26, 2022
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Doug Ford to hold housing affordability summit with Ontario city mayors next monthFord says his goal for the summit is to work on solutions to address the "crisis" of housing affordability so more families can become homeowners.EconomyNov 25, 2021
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Canada’s housing prices set to rise again, 1st-time buyers ignore central bank warningCentral 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.ConsumerNov 24, 2021
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Annual pace of housing starts slowed in September, CMHC reportsThe drop in September came as the annual pace of urban starts fell 4.5 per cent to 223,055.EconomyOct 18, 2021
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New mortgage stress test rules may stabilize Canada’s housing market: BMOThe new mortgage stress rules come into effect on June 1.CanadaMay 26, 2021
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Canada’s home prices boom amid COVID-19 as policymakers sit backIn Canada, the average home price jumped 22.8 per cent in January to a record $621,525.CanadaMar 7, 2021
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Canada planning foreign buyers tax in effort to lower country’s housing pricesPrime 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.CanadaDec 1, 2020
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