Housing Affordability

• Is home ownership only for the rich now? 80% say yes in new poll

  Canadians are feeling more discouraged about prospects for home ownership than they were last year, Ipsos polling conducted exclusively for Global News shows.

  Consumer

  Apr 26
  
• Does Budget 2024 make it easier to buy a first home in Canada?

  The 2024 budget included $8.5 billion in new housing initiatives. Here's what experts say that money means for prospective homebuyers trying to break into the market.

  Money

  Apr 17
  
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• Liberals unveil ‘ambitious’ housing plan to build 3.87 million homes by 2031

  The plan builds on recent announcements with new tax incentives, more than a billion dollars for homelessness and a country-wide effort to build more housing on public lands.

  Canada

  Apr 12
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• Ottawa changing RRSP Home Buyers’ Plan, some mortgage amortization rules

  Finance Minister Chrystia Freeland unveiled changes on Thursday aimed at making it easier for first-time buyers to break into the housing market.

  Money

  Apr 11
• Ottawa pitches $1.5B rental protection fund to buy apartments

  The federal government unveiled a $1.5-billion fund to provide loans and grants to non-profits in an effort to buy affordable apartments to control rents.

  Canada

  Apr 4
• Vancouver is in a ‘full-blown crisis’ for housing affordability: Report

  "It is becoming more and more difficult with first-time homebuyers as prices rise here in Vancouver," realtor Mike Stewart told Global News.

  Economy

  Apr 3
• Trudeau pitches apartment building push with $15B more in loans

  As part of the cross-country pre-budget tour, Prime Minister Justin Trudeau announced plans to add $15B to the apartment loan construction program.

  Canada

  Apr 3
• Affordability issues are ‘casting a shadow’ over young Canadians’ economic futures

  Young Canadians' economic futures are at risk if affordability issues driving up the cost of housing and debt persist, Statistics Canada says in a new report.

  Money

  Mar 27
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• Canada’s next wealth divide? It’s renters versus homeowners, RBC says

  Housing unaffordability in Canada is exacerbating wealth divides between renters and homeowners in the country, according to an RBC analysis.

  Money

  Mar 14
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• Some Canadians exploring ‘non-traditional’ ways to own a home. What are they?

  Unaffordability in Canada's housing market is pushing nearly a third of would-be buyers to consider co-ownership and other 'non-traditional' paths to buy a home, Re/Max says.

  Money

  Feb 27