Canadian first-time home buyers are 36 years old on average. That means they won’t have that starter condo paid off by the time they retire, according to recent bank reports. Four of the Big Five banks reported a large share of their portfolio had amortizations longer...

A buying frenzy is re-emerging in Canada after one of the steepest housing price declines in the nation’s history. In Toronto, properties are selling the day they hit the market. In Vancouver, lines for open houses are stretching down the block. Homes are now once...

The real estate price correction appears to be over in Canada after a yearlong slump that saw prices drop by almost 18% in Toronto, according to a new report from RBC. The spring market was a turning point for the country’s housing market as April home resales spurted...

Toronto city council approves up to four-unit multiplexes in all neighbourhoods Multiplexes can now be built in all neighbourhoods, meaning duplexes, triplexes and fourplexes can be built, without special permissions, in all neighbourhoods from Rosedale to Westmount...

Competition Is Heating Up in the GTA Real Estate Market as Prices Pick Back Up With the spring market in full swing, competition for real estate in the Greater Toronto Area (GTA) is heating up as a consistently low number of listings leaves would-be buyers with few...

The housing market could be gathering steam again – but a notable feature of recent weeks has been a lack of new listings becoming available. This lack of inventory is the main underlying storyline in the Greater Toronto Area (GTA) real estate market. Coming out of...

To ensure every Canadian has a safe and affordable place to call home, Budget 2023 proposes new measures to build on this important progress. Over the past year, the federal government has taken significant steps towards making housing more affordable for Canadians....

Canada’s rental housing shortage will quadruple to 120,000 units by 2026 without a significant boost in stock, Royal Bank of Canada said in a report this week. In order to reach the optimal vacancy rate of three per cent, the report suggested Canada would need to add...

There finally seems to be some optimistic news released from The Toronto Regional Real Estate Board (TRREB) for the year ahead. Considering all the doom and gloom that have made headlines in recent months, the second half of this year will see a gradual uptick in home...