No Valentine? Here’s where single buyers can afford a home in Canada
With home prices climbing stratospherically over the last five years and a mortgage stress test now in place, homebuyers are seeing their purchasing power chopped more than ever - especially young families and first-time buyers.
See what people in Toronto sacrifice to buy a home
With would-be buyers finally adjusting to the stress test and interest rates looking like their taking a breather, 2019 may be a strong year for home sales in Toronto and other major markets in Canada.
The three-way tug-of-war between builders, homeowners, and politicians
According to the report, simply building more missing middle housing isn’t an option. One of the primary reasons this type of housing isn’t getting built is because of the three-way tug-of-war between builders, homeowners, and politicians.
How to increase the supply of missing middle housing in Toronto
The Centre for Urban Research and Land Development released a new report exploring strategies for increasing the supply of “missing middle” housing in Toronto.
Toronto City Council approves Housing Now plan to build 10,000 homes
Toronto City Council just approved the Housing Now plan, which aims to facilitate the development of new affordable housing within mixed-income communities at 11 sites in the city.
3 big ideas that could make housing more affordable
Clearly, measures need to be taken in order to ensure more families across the GTA and Ontario are able to afford to own or rent a suitable home for them and their family.
Buyers vs. Sellers: Who will win the detached home market?
There was a story in the Vancouver Sun recently about a detached home listed for just under $1 million. With single-family home prices falling in the area, could the detached homes actually tumble to an affordable price?
Canada is the best country in the world for Quality of Life!
The 2019 Best Countries rankings were recently released by the U.S. News & World Report, in partnership with BAV Group, and the Wharton School of the University of Pennsylvania. Once again, Canada ranked high on the list!
Toronto among the least affordable housing markets in the world
The 15th Annual Demographia International Housing Affordability Survey: 2019 was recently released, rating middle-income housing affordability with third quarter 2018 data. Once again, Toronto is found among the least affordable cities in the world.
Should tech giants be responsible for funding affordable housing?
I came across a New York Times article recently about how Microsoft is pledging $500 million towards the development of affordable housing in Seattle. This got me thinking about the tech boom in Toronto and our affordable housing issue.
