Housing Canada
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Higher prices are driving some resort community residents to leave: ‘There is a sadness’Resort destinations in B.C. and Alberta are among the fastest-growing communities in Canada, leading to a housing crunch that has made it difficult for residents to find a home.CanadaAug 25, 2023
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Who is to blame for the housing crisis? Canadians split in pollLeger surveyed 1,537 people between Aug. 18 and 20, asking a series of questions about the rising cost of housing and what should be done about it.ConsumerAug 23, 2023
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Canada’s rental market facing ‘perfect storm’ as prices hit new high in July: reportCanadian renters have long lamented the increasing prices they see landlords request of tenants, but in July, those totals hit a level unseen in the country's history.CanadaAug 11, 2023
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‘Increasing demand’ for secondary units as homebuyers grapple with rate hikesCanada has recently seen a ramp up in construction of secondary suites, like basement apartments and laneway homes. There is growing appeal to buy them, real estate experts say.CanadaJul 22, 2023
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Wealth gap between rich and poor widens at fastest pace on record in CanadaThe top 20 per cent of earners in Canada held 67.8 per cent of the country's net worth, compared with the bottom 40 per cent holding 2.7 per cent.CanadaJul 4, 2023
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Homebuilding costs have surged 51% since the pandemic beganCanada's efforts to build more homes over the next decade will be hampered by soaring costs for labour and materials in construction, a new RBC report argues.EconomyJun 29, 2023
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Are starter homes still affordable? Here’s how to break into the marketBreaking into Canada's housing market is no easy task. Here's what to look for in your starter home, including why not every property you can afford is right for you.MoneyJun 24, 2023
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Canada’s housing market has ‘rebounded sharply’. As rates rise, can it last?Canada's housing market started to rebound this spring amid a pause in interest rate hikes. With the central bank resuming its tightening cycle, here's what to expect.MoneyJun 23, 2023
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Higher mortgage rates are making some Canadians question value of home ownershipCanadians are feeling more mortgage stress amid higher interest rates, according to a new CMHC survey, and it's affecting some attitudes about the overall housing market.EconomyMay 10, 2023
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Here’s how much home you could buy in 8 Canadian cities — if you had a million dollarsA million dollars goes a lot further in some Canadian housing markets than others. Here's what Royal LePage estimates show you could afford with that money across Canada.CanadaFeb 23, 2023
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