Housing
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Mortgage debt soars while starter homes get out of reach for many CanadiansIn 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.MoneyFeb 24
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‘We need market certainty’: Just 269 new homes sold in Toronto region last monthThe 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.EconomyFeb 24
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Ottawa wants to get banks, pension funds involved in affordable housing: ministerHousing Minister Gregor Robertson says Ottawa wants to speed up homebuilding by drawing developers into affordable housing projects through the new Build Canada Homes agency.CanadaFeb 1
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Ontario saw double digit housing dip in 2025, housing minister promises more measures to comeThe 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 electionPoliticsJan 21
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Mayors feel disappointment, ‘frustration’ over CMHC housing cutsThe CMHC reduced funding from the Housing Accelerator Fund for Toronto and Vaughan, and cancelled money for Red Deer, which says it's not giving it back yet.CanadaJan 19
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Ontario town joins Toronto as latest community at risk of losing housing fundingThe town of Tecumseh, Ont. is likely to lose about $3.2 million in funding for housing after voting against allowing fourplexes to be built by default.PoliticsJan 14
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Trump pushes ban on large investors buying houses to ease U.S. homebuyingTrump's proposal is tapping into long-standing fears that corporate ownership of homes has pushed out traditional buyers, forcing more people to rent.U.S. NewsJan 7
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Former iPro real estate agents getting 50% commission payouts amid scandal: regulatorReal estate commissions are set to be paid out to real estate agents who were impacted by the closure of iPro, but only 50 per cent of the amount will actually be paid.CanadaDec 17, 2025
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Saskatchewan provincial leaders discuss affordable housing at annual conferenceThe SRA State of Real Estate conference is underway, and the cost of new homes are on the rise. It’s good news for current homeowners, but some are concerned about future buyers.CanadaDec 9, 2025
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Development charges might be adding 8-16% to home prices, CMHC data showsThe development charges can vary greatly from city to city, the Canada Mortgage and Housing Corporation report found.EconomyDec 4, 2025
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