Canadian housing starts remain steady heading into winter
As Canada approaches the harsh winter months, it looks like the nation’s housing starts remained steady through November 2019, according to the latest data from the Canada Mortgage and Housing Corporation.
New housing supply solutions you may not have heard before
A group of British Columbia real estate organizations recently made recommendations to the leading federal parties to help address housing issues in the province, and there are a couple ideas that seem like they might work in the GTA too.
4 ways the government can remove barriers to home ownership
With the federal election right around the corner, REALTOR® associations across Canada came together to make recommendations for all levels of government in an effort to make home ownership more attainable for Canadians.
Toronto’s housing supply shortage could be preventing important life decisions
Have you put off moving? What was the reason? A new report suggests housing supply is tied to a decreasing mobility rate in some of Canada’s largest metro areas, including Montreal, Ottawa-Gatineau, Calgary, Edmonton, Vancouver, and Toronto.
This is how much you need to make an hour to afford rent in Toronto
If you earn minimum wage, there’s a good chance you can’t afford to rent in any neighbourhood in Toronto, according to a new study by the Canadian Centre for Policy Alternatives.
Without Toronto and Vancouver, the average home price in Canada is below $400,000
Though it seemed like the housing market was heating up last spring, on a national level, activity was a bit less exciting, according to the latest monthly report from the Candian Real Estate Association.
Canadian housing affordability showing improvement, except in Toronto and Vancouver
On a national level, Canadian housing is becoming more affordable, but things aren’t looking good for buyers in the country’s most expensive markets, Toronto and Vancouver.
Toronto homebuyers blame population growth for soaring housing prices
Housing prices are considered high in the Greater Toronto Area, and many of the professionals in the industry blame the lack of supply. Turns out that’s not how homebuyers see it.
Would you pay a premium for a third bedroom?
Would you pay more for a condo unit because it has an extra bedroom, even if the square footage was the same as a unit with fewer bedrooms?
Will Vancouver’s luxury home market bounce back this spring?
Vancouver’s shift to a buyer’s market continued in both the condo and single-family markets. Buyers and sellers have stepped to the sidelines; buyers want to see if prices will keep dropping and sellers are hoping prices stabilize or go back up.
