Housing Market Canada
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As worker, housing shortages collide, Canada hones in on newcomers in skilled tradesIRCC said that by welcoming people in skilled trades such as carpentry, plumbing and welding, Canada can help its construction sector attract skilled workers.CanadaAug 1, 2023
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Canada housing market: What to expect this spring as prices dropThe market has been sluggish since last year, when prospective buyers started putting off plans to purchase homes as the Bank of Canada aggressively hiked interest rates.ConsumerMar 22, 2023
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First home savings account: Banks say they’re not ready for an April 1 launchThe first home savings account, a cornerstone of the federal Liberals' 2022 budget, will not be ready when it goes into effect on April 1.MoneyMar 21, 2023
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Here’s how interest rates could affect Canada’s housing market in 2023The Canadian housing market is primed for a rebound in late 2023 — assuming market watchers' expectations for interest rate cuts come to fruition, according to a Desjardins report.MoneyFeb 9, 2023
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Canadians think home ownership is out of reach despite cooling prices: studyA new study conducted by CPA Canada finds that Canadians who don't own homes think homeownership remains far out of reach despite prices cooling slightly across the country.CanadaJun 1, 2022
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Canada’s plan to ease runaway housing prices could backfire on Trudeau: expertsAlarms are already ringing in Canada's construction industry, which is facing a dire shortage of workers and a retirement crisis, not to mention rising costs of raw materials.ConsumerMay 1, 2022
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63% of Canadian non-owners have ‘given up’ on ever buying a home: IpsosMore than 60 per cent of Canadians who don't already own a home have given up hope of ever breaking into the country's hot housing market, according to new Ipsos polling.MoneyApr 29, 2022
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Annual surtax of 0.2% on $1M+ homes could cool housing market: reportAn annual surtax of 0.2 percent on houses valued over $1 million could help reduce housing inequality and cool housing markets, a report says.CanadaJan 6, 2022
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Canada’s immigration boost could fuel hot housing market: expertsThe aim of the government fund is to create 100,000 new "middle-class" homes by 2024-25 and the cash will go to municipalities that show they can speed up construction.ConsumerDec 9, 2021
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Canada’s housing market hotter than ever — and investors are playing a big roleThe share of home purchases by buyers who already have multiple mortgages is rising, data shows.MoneyDec 3, 2021
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