Ontario Housing Market
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Colleges, universities have role to play in solutions to housing crisis: report"Ontario has never built more than 850,000 new homes in any ten-year period. Ever. In short, Ontario must do something it has not done in over forty years, then double it."CanadaAug 17, 2023
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Lack of development charges could cost Hamilton taxpayers $54 millionHamilton councillors are taking steps to articulate on city tax bills exactly why ratepayers may soon have to pick up a $54-million tab for developers.PoliticsJun 22, 2023
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Why buying a home for under $200,000 in Ontario remains rare, but possibleA new report from Point2 found that while rare, some affordable options still exist, but they go fast and might not be what you first thought.EconomyJun 14, 2023
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A look at where the ‘most pronounced’ housing corrections are taking place in Ontario"These places are expected to continue seeing the biggest correction," a new report from Desjardins states.CanadaMar 7, 2023
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‘Vagueness’ around development charges still poses risk to Hamilton’s finances, says mayorMayor Andrea Horwath says changing development charges via Ontario's new housing plan is 'a lot to unpack' amid ongoing city budget talks.PoliticsJan 16, 2023
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Hamilton mayor says end of development charges on housing builds could be problematicAndrea Horwath admits she has "concerns" over Ontario's nixing of development charges for some new housing starts that could lead to more costs for Hamiltonians.PoliticsNov 21, 2022
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Ontario set to reduce developer charges to spur new home constructionThe Progressive Conservative government has promised to build 1.5 million homes in 10 years, and introduced new legislation intended to spur and speed up development.CanadaOct 25, 2022
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Ontario proposes to double maximum fines against unethical developersThe proposed changes to the New Home Construction Licensing Act would, if passed, increase penalties to a maximum of $50,000, up from $25,000.CanadaOct 20, 2022
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Housing starts will fall below 2030 supply targets in Ont., Que. and B.C.: CMHC"We didn't think the challenges were this acute. We thought that there was more capacity in order to achieve these goals."CanadaOct 6, 2022
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Ontario Greens propose tax on domestic buyers of multiple homesOntario's Green Party is proposing a tax on domestic homebuyers with multiple properties as a measure to reduce housing demand.CanadaApr 27, 2022
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