housing affordability

TORONTO — Ontario introduced measures Thursday that would allow for more housing to be built beyond urban boundaries and in rural areas as projections suggest its target of building 1.5 million homes by 2031 is falling out of reach.The…

TORONTO — The Toronto Regional Real Estate Board says competition between buyers returned to the market last month as the average home price in the area ticked above the average list price for the first time since May 2022.The…

VANCOUVER — The Real Estate Board of Greater Vancouver says home sales fell 42.5 per cent in March from a year ago and were 28.4 per cent below the 10-year seasonal average.Last month's sales totalled 2,535 compared with 4,405 sales…

When Jamie Robinson thinks about the number of properties available in and around Alberta's mountain mecca Banff, one word comes to mind: ``horrendous.''``Basically, anything that's for sale at this moment is selling fairly quickly, and…

The  Canada Green Building Council (CAGBC), Canadian Urban Transit Association (CUTA), Pembina Institute, Canada’s Building Trades Unions, and RESCON have issued the following statements in response to the federal government’s Budget…

TORONTO — Jeremy Kinnear is 23 and already thinking about home ownership.Fresh out of university, the Edmontonian is in the midst of a four-year job program that will require him to move to Calgary halfway through. After that, he hopes…

The Federal Government has unveiled 2023 Budget. Below is a brief recap from the Ontario Construction Secretariat that includes an economic overview and additional information about the Clean Technology and Clean Hydrogen Investment Tax…

TORONTO — Real estate observers say a new mortgage code of conduct promised in the federal budget will be handy for Canadians facing financial difficulties, but they still feel the economic plan was lacking needed housing affordability…

TORONTO — Ontario's financial services watchdog is proposing changes to guidance offered to mortgage agents and brokerages in an effort to deter deceptive and fraudulent mortgage activity.The Financial Services Regulatory Authority of…

VANCOUVER — Home construction in British Columbia will need to rise to unprecedented levels to offset the impact of record immigration on the housing market, the B.C. Real Estate Association said in a new report on Tuesday.The province…