Affordability

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…

OTTAWA — Canada's banking regulator is tightening requirements for some types of real estate loans to protect homeowners who may be at greater risk from higher interest rates.The Office of the Superintendent of Financial Institutions…

The Canada Mortgage and Housing Corp. (CMHC) says 3.5 million more homes need to be built by 2030 to reach affordability.The agency released a report Thursday explaining the need for a different approach to the housing supply shortage…

Almost half of Canadians who rent expect to continue doing indefinitely and aren't sure when they'll be able to get into the housing market, says a new survey.Renters surveyed by insurance firm Canada Life cited a lack of cash, fear and…