Housing

• This $1.7M Vancouver home has an auction reserve of $72K. Yes, there’s a catch

  The property is among 116 listed for auction by Vancouver in this year's tax sale, in which properties whose owners have not paid their taxes for three years are auctioned off.

  Canada

  Nov 4
  
• Greater Toronto Area home sales down nearly 8% in October: real estate board

  TRREB says 5,603 homes changed hands last month, down 7.9 per cent year-over-year, however sales rose 1.2 per cent from September on a seasonally adjusted basis.

  Economy

  Nov 4
  
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• Nearly a million Canadian homes need ‘major repairs,’ CMHC says

  Around 6.1 per cent of all homes in Canada are in need of 'major repairs,' a report by CMHC chief economist Mathieu Laberge said on Thursday.

  Economy

  Oct 22
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• Ottawa considering ‘options’ as foreign home buyer ban nears end: minister

  The ban was brought in by the Liberals in 2022 to keep foreign investors out of housing markets increasingly out of reach for Canadian buyers.

  Canada

  Oct 7
• Greater Toronto home sales in September down from year ago, average price also lower

  Renewed tensions with the United States and a surge in gas prices amid an ongoing war in the Middle East have kept potential buyers on the sidelines in recent months.

  Economy

  Oct 6
• Toronto board of trade calls for regulatory reforms to spur housing growth

  The Toronto Region Board of Trade is urging the province to amend zoning and building code rules as it says Ontario is on pace to fall well short of its new home goal.

  Canada

  Oct 1
• Landlord withdraws rent increase after tenant strike at Toronto apartment: organizers

  Tenant organizers say they have successfully beat back a landlord's attempt to retroactively raise rents by over five per cent at a west-end Toronto apartment building.

  Canada

  Sep 25
• Ottawa, Alberta pledge to build 1,460 affordable houses

  Ottawa will provide up to $220 million through Build Canada Homes, a federal agency formed to speed up the delivery of the housing, while Alberta will pay up to $165 million.

  Economy

  Sep 9
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• Toronto Area home sales down 2% in August, prices dip below $1M: board

  The Toronto Regional Real Estate Board says 5,057 homes changed hands last month, down 2.1 per cent year-over-year, while sales also fell 1.3 per cent from July.

  Economy

  Sep 3
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• Vancouver-area home sales drop almost 5% in August amid lag: board

  Greater Vancouver Realtors says there were 1,869 home sales last month, which was 20.7 per cent below the 10-year seasonal average. 

  Canada

  Sep 2