Affordability

According to UBC expert Dr. Penny Gurstein, head of the Housing Research Collaborative at UBC’s school of community and regional planning, Canada needs a cohesive strategy to help the more than 1.7 million people currently living in…

The Residential Construction Council of Ontario (RESCON) announced that it is pleased that the country’s housing crisis is shaping up to be a key issue on the federal election campaign trail.“We have a dire shortage of housing across…

HALIFAX — Some Halifax residents say they are worried about quickly rising rents in the city and the looming end to the rent control order imposed during the COVID-19 pandemic.Resident Matt Whalen says he was informed his rent would…

The RE/MAX 2021 GTA Hot Pocket Communities Report examined trends and developments in 60 Toronto Regional Real Estate Board (TRREB) districts, finding that inventory constraints propelled demand throughout the GTA and set the stage for…

The Canadian Real Estate Association says home sales cooled for their fourth consecutive month in July as new supply fell in about three quarters of all markets across the country.The association said Monday that seasonally adjusted…

BMO announced a $12 billion commitment to finance affordable housing over a ten-year period in support of the Canada Mortgage and Housing Corporation's (CMHC) 2030 housing affordability for all Canadians. BMO's commitment will support…

Home sales across Canada fell for the third consecutive month in June as the market continued to slow from its March highs, but the month still set a record, the Canadian Real Estate Association said Thursday.The association said…

The Canadian government announced a $39.8 million low-cost loan to help construct "Alder", a new residential building located at 3625 Sawmill Cres., in Southeast Vancouver.The "Alder" by Catalyst Community Developments Society is a…

According to Opening doors: unlocking housing supply for affordability, the final report from the Canada-British Columbia Expert Panel on the Future of Housing Supply and Affordability, British Columbians' ability to rent or purchase homes…

OTTAWA — The federal minister in charge of affordable housing says he would like municipalities to reshape local rules to more quickly build units through the government's national housing strategy.Social Development Minister Ahmed…