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.
What can a middle-class home buyer afford across Canada?
According to the latest data from the Canadian Real Estate Association, the average residential home will now set prospective home buyers back $525,000, though affordability challenges are much more acute in the nation’s priciest markets.
Nearly half of Canadian millennials believe homeownership is a ‘pipedream’
Though millennials may be the most educated and making a decent amount of money, homeownership still seems like a “pipedream” to many of them, according to the results of a new poll commissioned by KPMG.
City of Toronto releases the proposed $23.4 billion HousingTO 2020-2030 Action Plan
The start of a new decade is right around the corner, and with the housing affordability crisis still looming in Toronto, real estate is on a lot of people’s minds.
The average price of a new condo in Toronto could surpass $1,600 psf in five years
As we approach the end of 2019, we reached out to real estate consultant and analyst, Ben Myers, President of Bullpen Research & Consulting Inc., to get a clear picture of the state of the Greater Toronto Area’s housing market
Now may be the time to invest in a winter recreational property
Did the early snowfall get you thinking about skiing and snowboarding? According to a recent report, now may be the time to invest in one of Canada’s winter recreational property markets.
2020 is looking good as homebuyer confidence bounces back
Throughout 2019, Ontario’s housing market has shown signs of rebounding, and it looks like the strong activity will continue into 2020, according to a recent report from RE/MAX.
Is fuelling demand really the answer to the affordability crisis?
Some new home sales figures for the Greater Toronto Area came out at the beginning of this week, and it got me thinking about various housing market initiatives addressing affordability.