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...

The Bank of Canada raised its benchmark interest rate this week by 25 basis points to 4.5 per cent, the highest it’s been since 2007. The move was widely expected by economists as the bank tries to wrestle with record-high inflation. It's the eighth time in less than...

Rising rates hits hardest at detached and semi-detached house prices. Less expensive condos and townhomes held their value better in November than costlier detached and semidetached houses in the Toronto region, as home sales declined across all categories with higher...