Affordability

TORONTO — Ontario is promising to make municipalities ``whole,'' if they can't fund housing infrastructure and services due to a new provincial law.Municipal Affairs and Housing Minister Steve Clark wrote to the Association of…

On Friday, over a dozen of Ontario’s most prominent architectural firms issued an open letter to Premier Ford and Minister Clark in response to Ontario’s proposed Bill 23. The letter read as follows:We are writing to you as leading…

TORONTO — After fuelling Canada's economy through the COVID-19 pandemic, the real estate market is showing signs of weakness as home prices fall and bidding wars dissipate.It's welcome news for prospective buyers hoping for a better…

Average rent for all Canadian property types listed on Rentals.ca was $1,934 in July, an increase of  10.4 per cent year over year, according to the Rentals.ca and Bullpen Research & Consulting latest National Rent Report. The July…

TORONTO — When Shannon Tebb listed her downtown Toronto loft for sale in mid-June, she did everything to make the property attractive for buyers. She hired stagers, painted walls, washed the windows, listed the place below market value and…

According to the latest Bullpen Research & Consulting and TorontoRentals.com Toronto GTA Rent Report, the average monthly rent in the Greater Toronto Area (GTA)  increased 19 per cent year over year for all property types in June to…

You'll need to be making more than $220,000 to buy a home in Toronto and Vancouver with a 20 per cent down payment, according to new data from Ratehub.ca.Even though home prices have been going down in hot markets like Toronto and…

TORONTO — A report by real estate market research firm Urbanation Inc. says rents in the Greater Toronto Area are rising fast, echoing the latest numbers from online rental platforms about other major Canadian cities.The Urbanation…

Average rent for all Canadian property types on Rentals.ca was $1,885, an increase of  9.5 per cent year over year in June, according to the Rentals.ca and Bullpen Research & Consulting latest National Rent Report. But June’s average…

TORONTO – Ontario landlords can raise rents a maximum of 2.5 per cent on most units without seeking special approval next year.The province announced its rent increase guideline Wednesday for 2023, which will apply to rent increases…