housing

VANCOUVER – It wasn't that long ago that prospective homebuyers in Vancouver would line up for hours to get into condo presale events or face off in heated bidding wars for a chance to buy property in one of the country's hottest housing…

The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally…

MONTREAL – When Erica Fagan and her fiancé started looking for a new apartment in their St-Henri neighbourhood, they thought they had reasonable criteria: they wanted a two-bedroom place where they could bring their own appliances and their…

MONTRÉAL — As Toronto and Vancouver struggle to keep housing affordable for anyone but the wealthy, Montréal says its new, first-on-the-continent development model will help it succeed where other big cities have failed.Montréal led…

OTTAWA – The Bank of Canada left its key interest rate steady Wednesday as it looked to balance mounting evidence of a domestic economic pickup against the expanding risks of international trade conflicts.The central bank kept its…

VICTORIA — A real estate market outlook by Vancouver's Central 1 Credit Union says tougher federal and provincial government housing policies are behind a drop in demand for resale housing in British Columbia.The report released on…

Seniors in Hamilton will soon have new affordable housing options thanks to the Ken Soble Tower transformation that will make this high-rise the first retrofit Passive House tower in Canada.On Wednesday in Hamilton, Adam Vaughan,…

Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary Fund.The organization calls for policies that focus on…

VANCOUVER – The authors of a report that found $47 billion was laundered across Canada last year debated whether to include a graph that indicated Alberta, Ontario and the Prairies were hotspots for dirty money, says the lead writer.…

According to Altus Group’s first quarter Investment Trend Survey for commercial real estate, investment in the GTA is down 29 per cent to $4.1 billion from Q1 2018, and down 13 per cent from the previous quarter.In markets like…