housing market

BEACH METRO COMMUNITY NEWSAs the City of Toronto looks for ways to address the current housing shortage, one local councillor is hopeful that the new Vacant Home Tax (VHT) will help alleviate some of the pressure.Toronto City…

The residential construction industry raised more than $1.4 million for construction of two projects in Toronto that provide housing to those who are experiencing homelessness or at risk of experiencing homelessness.The funds were…

The Canadian Real Estate Association expects home sales to edge down less than one per cent and prices to fall almost six per cent from 2022, which ended with the market in a sluggish state as sellers and buyers sat on the sidelines.The…

The average listed rent for all property types rose 12.2 per cent year over year in December to $2,005, an increase of $217 over the same month last year, according to the Rentals.ca and Urbanation latest National Rent Report.Average…

VANCOUVER — The British Columbia government is creating a single hub for developers to get provincial approval to build homes, in a bid to accelerate a housing permit process that has forced them to wait as long as two years.Premier…

TORONTO — The median price of a home in Canada in the fourth quarter of 2022 posted the first year-over-year decline since the end of 2008 during the financial crisis, Royal LePage says.In its house price survey released Friday, the…

By Patrick Penner, Local Journalism Initiative ReporterTRI-CITIES DISPATCHDecember property sales in the Tri-Cities were less than half of those made in 2021, as the dramatic downturn in real estate sales shows no signs of slowing…

TORONTO — Andrew Hamilton and his wife bid farewell to their home in Toronto's Junction neighbourhood roughly a year and a half ago, when housing prices were soaring, but finding a new abode proved tricky.With no available homes meeting…

Greater Vancouver ended 2022 with another month of prospective homebuyers taking a ``wait and see'' approach, which the region's real estate board said pushed down sales by 52 per cent and prices three per cent from the year before.…

TORONTO — The Greater Toronto Area capped off a tumultuous year with its ninth straight month of declining home prices and almost half the sales seen a year ago.The Toronto Regional Real Estate Board categorized the reduced activity…