affordability gap

TORONTO — Ontario introduced measures Thursday that would allow for more housing to be built beyond urban boundaries and in rural areas as projections suggest its target of building 1.5 million homes by 2031 is falling out of reach.The…

VANCOUVER — The Real Estate Board of Greater Vancouver says home sales fell 42.5 per cent in March from a year ago and were 28.4 per cent below the 10-year seasonal average.Last month's sales totalled 2,535 compared with 4,405 sales…

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…

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…

TORONTO — Projections in Ontario's budget for housing starts show the province's target to build 1.5 million homes in 10 years slipping further out of reach with each passing year.Nearly 100,000 homes were built in the province in…

TORONTO — Canada's rental housing shortage will quadruple to 120,000 units by 2026 without a significant boost in stock, Royal Bank of Canada said in a report Wednesday.In order to reach the optimal vacancy rate of three per cent, the…

CHARLOTTETOWN — A lack of affordable housing on Prince Edward Island has some questioning whether the province is running out of room for those who want to call it home, making dwindling real estate one of the major issues in the upcoming…

By Patrick Penner, Local Journalism Initiative ReporterTRI-CITIES DISPATCHDeflated Tri-Cities property sales and listings continued in February, according to monthly statistics released by the Real Estate Board of Greater Vancouver…

February's home sales plummeted 40 per cent from a year ago to levels not seen since before the pandemic as new listings and prices also dropped in what one economist called ``hints of a bottoming process.''The plunge in sales came as…

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts climbed 13 per cent in February.The national housing agency says the seasonally adjusted annual rate of housing starts for the second month of the year…