Quebec City Residential Sales Surpass Pre-Pandemic Levels Thanks to Condominiums
Quebec City is one of the few markets in the province to record median price levels above those at the same time last year. Median prices are moving up.
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housing supply
Ontario proposes to allow cities to expand boundaries faster for housing
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…
Buyers return to Toronto housing market as prices climb after sluggish period: TRREB
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’s March home sales down 42.5% from a year ago: B.C. board
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…
Calgary housing market sees lowest March inventory since 2006: CREB
CALGARY — The Calgary Real Estate Board says last month delivered the market's lowest March inventory level since 2006 as home sales fell about 41 per cent from a year ago.The Alberta board says sales in Calgary for the month…
‘It’s wild’: Demand for homes in recreational markets outpacing supply, brokers…
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…
Industry professionals respond to the 2023 Federal Budget
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…
What you need to know about the first time homebuyers savings account
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…
2023 Federal Budget: Ontario Construction Secretariat
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…
Mortgage moves ‘good news’ for borrowers, but budget lacks housing support: experts
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…