Housing Affordability
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Canada’s average rents just saw their biggest drop in 3 yearsThe latest rent report from Urbanation and rentals.ca for June shows the average asking rents across all property types fell 0.8 per cent from May, down to an average of $2,185.MoneyJul 9
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Renters under pressure: When will the fever break in the hot rental market?Some of Canada's tightest rental markets are showing signs of easing. Here's what experts say about when renters might find relief.MoneyJul 6
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High cost of housing has two in five new immigrants thinking of moving: pollThe most common preferred destination for those thinking of moving within Canada is Alberta -- but 42 per cent said they'd leave the country altogether because of housing costs.CanadaJul 3
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Family fund: $115K is the average gift for 1st-time homebuyers, CIBC saysSome Canadian family members now give their kids $115K on average to buy a home, a report found. It said relying on a family gift is “becoming the norm.”MoneyJun 25
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Here’s how would-be homebuyers are responding to the Bank of Canada rate cutDespite an interest rate cut from the Bank of Canada, most Canadians say they'd need to see more easing in borrowing costs before they're able to take a run at the housing market.MoneyJun 11
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More than 1 in 3 British Columbians considering leaving due to high housing costs: pollA new poll from the non-profit Angus Reid Institute shows that residents across B.C. find that the BC NDP is not focusing enough on addressing housing needs.CanadaJun 10
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Calgary businesses push for housing affordability to attract workers: reportThe Calgary Chamber of Commerce said businesses are growing concerned over housing affordability, which is impacting their ability to attract workers and fill labour shortages.EconomyJun 6
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Calgary home sales tick down in May amid limited supply of lower-priced optionsThe Calgary Real Estate Board said May home sales fell 0.8 per cent from last year, while the benchmark price across all homes rose to $605,300.EconomyJun 3
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Quebec City or Edmonton? Who’s moving where for affordable housingCanadians living in Toronto and Vancouver are most likely to look to Edmonton for housing affordability, while Montrealers are keener to stay in province, a new report says.MoneyMay 29
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Housing affordability just improved in Canada – mostly in these expensive citiesCanada's housing market saw 'widespread' improvements in affordability last quarter, but National Bank economists note it's still 'hardly an accessible level.'MoneyMay 16
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