affordable homes

By James Matthews, Local Journalism Initiative ReporterMINDEN TIMESThe province's minimum wage needs to be increased to a more livable wage if people are going to beat food insecurity.That's one of the findings in the…

Crushing interest rates will punish the Canadian economy and stifle economic growth, the Senate Committee on Banking, Commerce and the Economy said in its recent "The State of the Canadian Economy and Inflation" report. “Our report offers…

OTTAWA – The annual inflation rate slowed more than expected in January, suggesting the Bank of Canada is likely content with its decision to pause rate hikes as price pressures continue to ease.In its consumer price index report…

TORONTO — A new report says that while home prices are down compared with last year, higher mortgage rates mean affordability hasn't improved for Canadians.The report by Ratehub.ca says in nine of the 10 major cities it reviewed,…

Canada is experiencing an affordable housing crisis, according to  CSA Public Policy Centre’s new report, Building Together: A Collaborative Approach to Delivering More Affordable Housing. Compared to other G7 nations, Canada has the…

Home sales in Canada posted their worst start to the year since 2009 as January sales fell 37.1 per cent compared with the start of 2022 and prices continued to fall, the Canadian Real Estate Association said Wednesday.Home sales for…

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

A new report by the Building Industry and land Development Association (BILD) and the Federation of Rental-housing Providers of Ontario (FRPO) has warned of a concerning shortage of rental housing in the Greater Toronto Area (GTA). The…

TORONTO — The Toronto Regional Real Estate Board expects the average price of a home to edge upwards as 2023 progresses but end on a lower note than last year as buyers get off the market's sidelines and make long-awaited purchases again.…