Housing Affordability

• 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

  12 hours
  
• Mayor keeping ‘open mind’ to all ideas to end homelessness in Hamilton

  Mayor Andrea Horwath insists federal and provincial governments will have to be heavily involved in any overarching solution to Hamilton's homelessness problems.

  Politics

  May 31
  
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• More trespass notices issued to residents at Hamilton city hall encampment

  Hamilton's director of housing says they're communicating with 'Whitehern' encampment residents regularly but admits there are few options for relocation.

  Canada

  May 26
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• Federal government pitches $14 million for housing affordability in New Brunswick

  The capital city has one of the highest rent prices in the province, according to the Canadian Mortgage and Housing Corporation, with a vacancy rent near two per-cent.

  Canada

  May 24
• Landlords ask over $1,800 for one bedroom in Hamilton, up 18% annually

  Rentals.ca says despite the bump in monthly rent costs for the Hammer last April, it's still a more affordable place to live than several other Ontario cities nearby.

  Canada

  May 16
• London, Ont. rental affordability to worsen despite housing starts increase

  The Canada Mortgage and Housing Corporation is expecting an increase in housing starts for London, but it won't be enough to relieve pressure on the rental market.

  Economy

  Apr 27
• ‘Never been a harder time’: Here’s the income you need to buy a home in Canada

  Despite home prices lowering across much of the country, Canadians will still need to earn more to be able to buy a home than before, according to a new report from RateHub.

  Canada

  Apr 20
• ‘Serious buyers’ looking at homes in Hamilton despite continuing high borrowing costs: realtor

  Local realtor Rob Golfi told 900 CHML's 'Good Morning Hamilton' it appears the market is beginning to 'pick up,' with offers over asking a bit more frugal than last year.

  Canada

  Apr 12
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• Majority of Canadians who don’t own a home have ‘given up’: poll

  Canadians priced out of the housing market continue to be pessimistic about ever buying a home, a new poll suggests, even as values have declined substantially over the past year.

  Money

  Apr 5
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• Canada eases some rules around foreign homebuyers ban

  Amendments to the foreign homebuyers' ban will allow some non-Canadians to purchase residential property in certain circumstances and help add to Canada's housing supply.

  Canada

  Mar 28