Affordability

The federal government is investing over $130 million for the construction of two multi-residential buildings comprising of 420 units, located at 495 Talbot St and 110 Fullarton St in London."Through the National Housing Strategy,…

Soaring house prices and rising personal debt are making it impossible for many millennials to ever afford a home, according to a new poll commissioned by KPMG in Canada.The KPMG Millennials and Retirement poll finds that while…

VICTORIA – Housing sales in British Columbia are climbing faster than anticipated after a downturn, but a rebound won't be as inflamed as the sellers' market two years ago, says a report released Monday by Central 1 Credit Union.…

Conservative leader Andrew Scheer's pledge to extend mortgage amortization maximums for some homebuyers and loosen a contentious stress test would likely lead to more debt and higher property prices, some experts say.''Oh my god,…

The federal and provincial governments have reached a bilateral agreement to prioritize affordable housing under the National Housing Strategy (NHS) for families, Indigenous communities and vulnerable Canadians in Nova Scotia.This…

The August National Rent Report, produced by Rentals.ca and Bullpen Research & Consulting, shows affordability for low-income Canadians looking for a place to rent is worse than reported in mid-July by the Canadian Centre For Policy…

OTTAWA — A minimum-wage worker could afford to rent in just a few neighbourhoods in Canada, suggests a new analysis of the country's rental market that also raises questions about a promised federal rent-supplement program.The report…

This week, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), announced the details of the First-Time Home Buyer Incentive,…

According to the latest RBC Economics Housing Trends and Affordability Report, 2019’s first quarter saw housing affordability improvement for the second straight quarter in Canada. Rising household income contributed to improved…

OTTAWA – A new federal program aiming to give homebuyers some help covering their mortgage costs will kick in on Labour Day – weeks before a federal election – with the first payments flowing in early November, just days after voters across…