housing

RE/MAX of Ontario-Atlantic Canada’s latest report on detached homes in the Greater Toronto Area states that the bounce-back in single-detached home sales is contributing to an uptick in average price. More than 50 per cent of neighbourhoods…

TORONTO — A growing trend among Toronto-area seniors to delay downsizing efforts and remain in their homes for longer could indicate future housing pressures for younger generations, a new report said Thursday. The Canada Mortgage and…

TORONTO — The Greater Toronto Area's home price index was up 4.4 per cent last month as the supply of properties for sale tightened and the number of sales jumped 24.3 per cent from July last year, the Toronto Real Estate Board reports.…

VANCOUVER — Home sales in Metro Vancouver rebounded in July, making the traditionally slow selling period the second highest month for demand this year. Figures from the Greater Vancouver Real Estate Board show residential sales…

After three years of high vulnerability, Vancouver presents evidence of moderate vulnerability, while the rest of Canada continues to exhibit a moderate degree of vulnerability, according to a recent Canada Mortgage and Housing Corporation…

As part of the More Homes, More Choice: Ontario's Housing Supply Action Plan, the government is consulting on proposed changes to the Provincial Policy Statement (PPS) — which sets out direction for land use planning in the province.…

VICTORIA — The British Columbia government ended its fiscal year with an operating surplus of $1.5 billion as the province collected more revenue from taxation and less money from a softening real estate market. The 2018-19 public…

OTTAWA – The Bank of Canada has lowered the rate used by mortgage stress tests to determine whether would-be homeowners can qualify, marking the first drop in three years. The central bank's five-year benchmark qualifying rate is now…

OTTAWA — A minimum-wage worker could afford to rent in just a few neighbourhoods in Canada, suggests a new analysis of the country's rental market that also raises questions about a promised federal rent-supplement program. The report…

The Ontario Real Estate Association's (OREA) chief executive officer, Tim Hudak, in a letter sent today to the House of Commons Standing Committee on Finance, is calling for less stringent mortgage rules – taking aim at comments made by…