4/15/2025 | Posted in New Developments by Kelly Healy
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Housing supply crisis shows little sign of improving ... More
11/21/2024 | Posted in Canadian Housing Market by Kelly Healy
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The average income needed to buy a home keeps inching down in cities across Canada, according to the latest data. ... More
11/6/2024 | Posted in Mortgages and Real Estate by Kelly Healy
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Canada's housing affordability cannot be resolved by changing the country's unique mortgage structure, the Bank of Canada's Senior Deputy Governor said on Wednesday, ... More
11/4/2024 | Posted in Government and Regulation by Kelly Healy
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Conservative Leader Pierre Poilievre has written to the provinces’ premiers, asking them to eliminate their sales taxes on new homes that are under $1 million. ... More
6/21/2024 | Posted in Home Buyers by Kelly Healy
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Many Canadian renters do not plan to purchase a home in the near future, with affordability challenges being a significant factor. ... More
2/27/2024 | Posted in Home Buyers by Kelly Healy
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One third of Canadians are considering alternative home ownership models, a new survey has found, as purchasing a home remains out of reach amid an ongoing affordability crunch. ... More
2/7/2024 | Posted in Real Estate Market by Kelly Healy
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Monetary policy can’t do everything, central bank governor Tiff Macklem says ... More
2/6/2024 | Posted in Canada Living by Kelly Healy
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A new report published today reveals that the burden on buyers from provincial governments’ billions of dollars in levies and development fees on new construction, and ... More
2/4/2024 | Posted in Foreign Buyers by Kelly Healy
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The federal government today announced a two-year extension to its foreign buyer ban in what it says is an effort to make housing more affordable for Canadians. ... More
1/22/2024 | Posted in Canada Living by Kelly Healy
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Canada’s pace of population growth continues to set records as the country brings in a historic number of temporary residents, largely through international student and ... More
9/29/2023 | Posted in Canada Living by Kelly Healy
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Millions of Canadians want to achieve their dream of homeownership, but affordability remains out of reach for many, and changing that will be a slow journey according to RBC. ... More
9/5/2023 | Posted in Toronto Real Estate by Kelly Healy
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Housing affordability in Toronto would remain strained even in the event of a deep economic recession, a new Desjardins analysis has found, highlighting the challenge ahead in ... More
8/28/2023 | Posted in Canadian Housing Market by Kelly Healy
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The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst. ... More
6/3/2023 | Posted in Canadian Housing Market by Kelly Healy
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Stable interest rates and a continued cooling in home prices helped give housing affordability in Canada its biggest jump in almost four years in the first quarter of 2023, ... More
1/8/2020 | Posted in Mortgages and Real Estate by Kelly Healy
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Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More
6/28/2019 | Posted in Canadian Housing Market by Kelly Healy
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Affordability may be improving but home ownership in Toronto and Vancouver is still an “impossible obstacle” for most potential buyers, Royal Bank of Canada warns. ... More
6/11/2019 | Posted in Mortgages and Real Estate by Kelly Healy
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Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More
6/6/2019 | Posted in Toronto Real Estate by Kelly Healy
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Due to strong economic fundamentals Toronto’s housing market remains expensive. That’s one reason why this year’s list is dominated by neighbourhoods once ... More
6/4/2019 | Posted in Canadian Housing Market Predictions by Kelly Healy
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What The Next 5 Years Will Look Like In 33 Canadian Cities ... More
5/17/2019 | Posted in Home Buyers by Kelly Healy
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The Conservative Party leader says he's "absolutely committed" to reviewing the rule. ... More
5/6/2019 | Posted in Toronto Real Estate by Kelly Healy
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Toronto housing market heats up as sales jump 16.8% in April ... More
5/1/2019 | Posted in Mortgages and Real Estate by Kelly Healy
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The Canadian government should consider being flexible on its new mortgage lending rules because the impact has been longer-lasting and more significant than expected, ... More
4/22/2019 | Posted in Toronto Real Estate by Kelly Healy
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Toronto’s construction industry may have just averted a calamity. ... More
3/22/2019 | Posted in Toronto Real Estate by Kelly Healy
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Toronto’s housing market has become a target for money laundering according to a new study. ... More
3/22/2019 | Posted in First Time Home Buyers by Kelly Healy
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The First-Time Home Buyer Incentive actually reduces affordability. ... More
3/3/2019 | Posted in Canadian Housing Market by Kelly Healy
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The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data. ... More
10/5/2018 | Posted in Canadian Housing Market by Kelly Healy
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A rise in interest rates (and more to come) is putting the squeeze on housing affordability. ... More
10/2/2018 | Posted in GTA Real Estate by Kelly Healy
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Ryerson City Building Institute report finds that low-rises and townhouses could help tamper the GTHA’s affordability crisis, using Mississauga as a case study. ... More
9/29/2018 | Posted in Real Estate Market by Kelly Healy
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9 years salary to buy a house in Vancouver, more than 6 in Toronto. ... More
9/28/2018 | Posted in Canadian Housing Market by Kelly Healy
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A new RBC report says Canada's housing affordability has reached its worst level in 28 years and is bound to deteriorate even further. ... More
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