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Housing supply crisis shows little sign of improving

The average income needed to buy a home keeps inching down in cities across Canada, according to the latest data.

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 ... More

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.

Many Canadian renters do not plan to purchase a home in the near future, with affordability challenges being a significant factor.

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 ... More

Monetary policy can’t do everything, central bank governor Tiff Macklem says

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

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.

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

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 ... More

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

The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst.

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

Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More

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

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.

Due to strong economic fundamentals Toronto’s housing market remains expensive. That’s one reason why this year’s list is dominated by neighbourhoods ... More

 What The Next 5 Years Will Look Like In 33 Canadian Cities

The Conservative Party leader says he's "absolutely committed" to reviewing the rule.

Toronto housing market heats up as sales jump 16.8% in April

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

Toronto’s construction industry may have just averted a calamity.

Toronto’s housing market has become a target for money laundering according to a new study.

The First-Time Home Buyer Incentive actually reduces affordability.

The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data.

A rise in interest rates (and more to come) is putting the squeeze on housing affordability.

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.

9 years salary to buy a house in Vancouver, more than 6 in Toronto.

A new RBC report says Canada's housing affordability has reached its worst level in 28 years and is bound to deteriorate even further.