Canada Housing

• Will Canada’s premiers tackle rental crisis next month? Advocates, tenants want action

  Rent for a one-bedroom can cost anywhere from about $1,860 in Halifax to $2,500 in Toronto and as much as $2,800 in Vancouver, according to a recent report by Rentals.ca.

  Consumer

  Jun 6
  
• Housing affordability in Canada just saw the biggest improvement in almost 4 years

  Canadian homeowners and prospective buyers saw a second consecutive quarter of improvement in housing affordability, but the market hasn't returned to pre-pandemic levels.

  Money

  Jun 2
  
• Advertisement
• Young investors questioning ‘risky’ call to become landlords amid higher rates

  More than half of young real estate investors are considering selling their property as rising interest rates hurt their business cases, a Royal LePage survey shows.

  Money

  May 25
• Advertisement
• Canadian mortgage debt surges to $2.08T amid high inflation, interest rates 

  However, the federal housing agency says in a new report that the rate of growth for mortgage debt slowed compared with recent years.

  Money

  May 25
• Canada has the highest household debt level in G7, housing agency warns

  Canada's housing agency says the country has the highest level of household debt in the G7, making its economy vulnerable to a global economic crisis.

  Money

  May 23
• Buyers have returned to Canada’s housing market. When will sellers follow?

  The housing market in Canada has been warming this spring after a rapid rise in interest rates put a chill in buyers and sellers alike.

  Canada

  May 15
• Could yesterday’s offices become tomorrow’s homes? It’s harder than you might think

  Empty offices line downtown cores across Canada. With an urgent need for more affordable housing supply in Canadian cities, are office conversions the answer?

  Economy

  May 12
• Higher mortgage rates are making some Canadians question value of home ownership

  Canadians are feeling more mortgage stress amid higher interest rates, according to a new CMHC survey, and it's affecting some attitudes about the overall housing market.

  Economy

  May 10
• Advertisement
• Bank of Canada not seeing ‘alarm bells’ in housing market despite mortgage pain

  Bank of Canada governor Tiff Macklem said Thursday he doesn't see the current levels of mortgage stress in Canada as a risk to the overall health of the housing market.

  Economy

  May 4
• Advertisement
• Bye Boomers? Gen X now driving Canada’s recreational property market

  According to a report released Thursday, Re/Max brokers in 91 per cent of regions across Canada surveyed said Generation X is driving demand for recreational property.

  Canada

  Apr 27