housing

OTTAWA – The country's headline inflation barometer registered a year-over-year increase of 3.1 per cent last month as the pace of price growth slowed in June compared with the decade-fast pace one month ago.June's reading for the…

The GTA new home market saw another active month in June, bringing the total number of new home sales in the first six months of the year to 25 per cent above the 10-year average, according to the Building Industry and Land Development…

According to the RE/MAX 2021 Housing Affordability Report, one in three (33 per cent) Canadian homebuyers are exploring alternative options to help them get a foot into the housing market. These include renting out a portion of a…

In its recently released Q2-2021 rental market results, Urbanation Inc. reports that the GTA rental market recovery began in earnest during the second quarter, with a surge in leases, reduced vacancy, and an increase in rents as lockdown…

The Canada Mortgage and Housing Corporation (CMHC) recently released its 2021 Mortgage Consumer Survey within which, of homeowners surveyed, 85% indicated no difficulties in maintaining their mortgage payments during the Covid-19 pandemic,…

Two prominent non-profit organizations have joined forces to convert a vacant downtown office tower into homes for Calgarians in need. Inn from the Cold and HomeSpace Society are partnering on a first-of-its kind project that addresses the…

The average rent in Canada increased for the second month in a row, rising to $1,721 per month after six straight months of decline.The average asking rent for all Canadian properties listed on Rentals.ca in June grew by 0.7 per cent…

TORONTO – Three years after losing a prolonged court battle over the restriction of housing data, the Toronto Regional Real Estate Board continues to pursue legal action against companies it accuses of illegally accessing its Multiple…

Average Rents Still Lower

OTTAWA – Canada Mortgage and Housing Corp. says the annual pace of housing starts slowed in June.The national housing agency says the seasonally adjusted annual rate of housing starts fell 1.5 per cent to 282,070 units in June compared…