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Real Estate
What you need to know about the first time homebuyers savings account
TORONTO — Jeremy Kinnear is 23 and already thinking about home ownership.Fresh out of university, the Edmontonian is in the midst of a four-year job program that will require him to move to Calgary halfway through. After that, he hopes…
Federal budget 2023: Long-term investments are needed to fix Canada’s infrastructure gap
The budget is focused on building communities through infrastructure, housing, transit and connectivity.
THE CANADIAN PRESS/Adrian Wyld
Kerry Black, University of CalgaryThe federal government’s 2023 budget unveiled investments in…
2023 Federal Budget: Ontario Construction Secretariat
The Federal Government has unveiled 2023 Budget. Below is a brief recap from the Ontario Construction Secretariat that includes an economic overview and additional information about the Clean Technology and Clean Hydrogen Investment Tax…
Centring race: Why we need to think about gentrification differently
A poster highlighting rising rental costs due to gentrification in Hackney, London. Gentrification often results in the dislocation of marginalized communities who can no longer afford to live in their communities.
(Shutterstock)
Mieko…
Mortgage moves ‘good news’ for borrowers, but budget lacks housing support: experts
TORONTO — Real estate observers say a new mortgage code of conduct promised in the federal budget will be handy for Canadians facing financial difficulties, but they still feel the economic plan was lacking needed housing affordability…
Ontario financial services watchdog proposes changes to deter mortgage fraud
TORONTO — Ontario's financial services watchdog is proposing changes to guidance offered to mortgage agents and brokerages in an effort to deter deceptive and fraudulent mortgage activity.The Financial Services Regulatory Authority of…
Unprecedented construction needed in B.C. to offset record immigration: Report
VANCOUVER — Home construction in British Columbia will need to rise to unprecedented levels to offset the impact of record immigration on the housing market, the B.C. Real Estate Association said in a new report on Tuesday.The province…
Some young Canadians are downsizing their homes to cut back on their expenses
Last month, Chelsea Hunt and her husband concluded that the cost of living had skyrocketed to a point where they could no longer afford to stay in their apartment and needed to move.``We were living paycheque to paycheque,'' the…
Bring title insurers under anti money laundering rules, former executive says
Title insurers need to be brought under anti-money laundering rules to fight against scam artists who impersonate homeowners to sell or mortgage their properties, a former insurance executive says.Tim Hyde, who spent years in the title…
GTA new home market quiet in February, inventory rises: BILD
New homes sales in the GTA were down 76 per cent from February 2022 and 69 per cent below the 10-year average, according to Altus Group*, BILD’s official source for new home market intelligence.According to reports, this was the second…