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Housing crisis in Ontario worse than ever, Gen Squeeze says
CANADA'S NATIONAL OBSERVER
House prices and rents in Ontario have become more unaffordable in the past two years than in any other recent two-year period anywhere in the country, according to a new report from Generation Squeeze.…
Worry, buyer’s remorse high as real estate market slowdown materializes
TORONTO – A wave of buyer's remorse is taking shape in several heated real estate markets, after housing prices started dropping and the number of sales slowed over the last two months.Realtors and lawyers in Toronto and Vancouver say…
Inflation sets fresh three decade high at 6.8% in April with little sign of cooling
OTTAWA – The cost of nearly everything at the grocery store continued to climb higher to help push the annual inflation rate to a fresh three-decade high in April and economists warn prices could continue to heat up.Statistics …
The right to transportation should be a key issue in the Ontario election
Transportation planning includes highways, public transit, automobile infrastructure and the movement of people and goods.
(Shutterstock)
Joshua K. McEvoy, Queen's University, OntarioWith high gas prices and climate change top of…
Ontario Liberals and NDP offer different rent control promises
TORONTO — Ontario's Liberals and New Democrats are both pledging to reintroduce rent control, taking slightly different tacks on the policy they say would help lifelong renters and would-be homeowners alike.Progressive Conservative…
CREA reports home sales down in April as mortgage rates rise
Increasing mortgage rates slowed home sales in April from the frenzied pace they started the year at, the Canadian Real Estate Association said Monday.The association found the number of homes sold dropped by 25.7 per cent to 54,894…
Bruce County launches affordable housing toolkit
THE WALKERTON HERALD TIMES
BRUCE COUNTY – Staff have been working with a consulting firm to develop the affordable housing toolkit.Phase one of the toolkit was launched May 5. It's a web-based document that provides pertinent…
Canada Mortgage and Housing Corp. reports annual rate of housing starts rose in April
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of new home construction in April rose eight per cent compared with March.The housing agency says the seasonally adjusted annual rate of housing starts in April was 267,330…
Rents will continue to rise this year in most Canadian cities: Rental Market Report
According to the fourth annual Rentals.ca Rental Market Predictions Report, despite the enactment of housing programs and policies at federal, provincial and municipal levels, rents in many Canadian cities will continue to rise in 2022.…
‘I’ll never be able to afford property’: Housing costs key issue for Ontario…
TORONTO — When Thiago Lang and his wife began searching for a Greater Toronto Area home last year, they spent most weekends viewing about 15 properties and weekdays placing up to five bids — often over asking — on houses that sold for…