Real Estate

JOHN'S, N.L. — As a shortage of affordable rental housing grips the capital of Newfoundland and Labrador, an anti-homelessness group is calling on the City of St. John's to fill its vacant public units.Doug Pawson, executive director…

TORONTO – Ontario landlords can raise rents a maximum of 2.5 per cent on most units without seeking special approval next year.The province announced its rent increase guideline Wednesday for 2023, which will apply to rent increases…

OTTAWA — Canada's banking regulator is tightening requirements for some types of real estate loans to protect homeowners who may be at greater risk from higher interest rates.The Office of the Superintendent of Financial Institutions…

TORONTO — Ontario Premier Doug Ford, whose previous government said it was stymied by municipalities in making further progress on housing supply, said Monday he will have a very ``aggressive'' plan moving forward.Ford said that supply…

Amidst skyrocketing costs of living and housing, mistrust towards Bank of Canada rises, too

The Canadian Home Builders’ Association (CHBA) has released its annual report on the performance of Canada’s residential construction industry, which according to the association, details a record-setting year for the industry in its…

RBC’s latest housing affordability report released Thursday reveals that the situation is the worst its been since the early 1990s, and will worsen before it gets better.RBC’s aggregate affordability measure for Canada went up 3.7…

The Canada Mortgage and Housing Corp. (CMHC) says 3.5 million more homes need to be built by 2030 to reach affordability.The agency released a report Thursday explaining the need for a different approach to the housing supply shortage…

Almost half of Canadians who rent expect to continue doing indefinitely and aren't sure when they'll be able to get into the housing market, says a new survey.Renters surveyed by insurance firm Canada Life cited a lack of cash, fear and…

OTTAWA – Soaring gas prices helped the annual inflation rate in May soar to its highest level in nearly 40 years, as the rising cost of living for Canadians squeezed household budgets and bolstered expectations the Bank of Canada will opt…