Tag #Canadian Housing Market

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Canada Housing Market Shows Regional Disparities Amidst Resurgence

Canada's housing market is experiencing a resurgence in sales, but prices vary significantly across regions, with Toronto and Vancouver declining while others see double-digit gains; the new Build Canada Homes agency aims to address affordability issues.

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28% Bias Score

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Rent vs. Buy in Canada: A Generational Financial Dilemma

In Canada, the soaring cost of rent is prompting a debate on the viability of lifelong renting versus homeownership, with experts highlighting the substantial lifetime rental costs and the risks associated with both options.

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16% Bias Score

Reduced Inequality
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Canadian Developers Urge Easing of Foreign Investment Restrictions to Avert Housing Crisis

Major Canadian housing developers are urging governments to loosen restrictions on foreign investment to combat a severe industry downturn, characterized by project halts, layoffs, and price drops, warning of a future price surge due to reduced supply; they propose a model restricting investment in ...

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60% Bias Score

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Canada Explores Housing Market Intervention Amidst Sales Slump

Canada's housing market faces a downturn with slumping sales and project cancellations, prompting the federal government to consider interventions like expanding the GST exemption for first-time homebuyers and potentially removing municipal development charges to stimulate the market and address a h...

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44% Bias Score

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Divergent Canadian Housing Market: National Drop Masks Regional Growth

Canada's national average home resale price fell 3.9 percent in April 2025 to $679,866, but several cities saw significant price increases; for example, St. John's saw a 9.2 percent year-over-year jump to $369,500, while Toronto and Vancouver experienced declines.

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44% Bias Score

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Canada's Foreign Buyer Ban Deepens Housing Crisis

Canada's ban on foreign home purchases, extended to 2027, has decreased new housing construction, particularly condos, worsening the housing shortage by deterring investment crucial for pre-construction projects and impacting the rental market.

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52% Bias Score

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Young Ontarians defy housing affordability trends

Young adults in Ontario, aged 30 and under, surprisingly account for a large share of first-time home purchases (41.5% of condos and 38.5% of houses over the past five years), possibly due to family financial assistance, according to a Teranet report, while the increase in solo condo buyers and a sl...

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32% Bias Score

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Toronto Condo Starts Far Below Official Figures

Toronto condo starts in the first half of 2024 were far lower than CMHC reported: CMHC reported 6,106 starts; Urbanation and Zonda reported 1,950 and 2,300 respectively, due to different construction start definitions. This discrepancy reveals a significant lag in government data, masking the severi...

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24% Bias Score

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Canada's Housing Market Slumps, Government Considers Intervention

Canada's housing market is experiencing a downturn with falling home prices, cancelled projects, and job losses, forcing the federal government to consider intervening despite risks associated with loosening mortgage insurance rules.

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52% Bias Score

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Canada's Immigration Caps Reduce Rental Demand

Canada's limits on foreign students and new residents have caused average asking rents in Vancouver, Calgary, Toronto, and Halifax to fall between 2 and 8 percent in the past year, due to increased housing supply and decreased rental demand; this is according to a new study from the Canada Mortgage ...

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36% Bias Score

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Canadian Housing Market: A Tale of Two Markets

A February 2025 analysis of Canadian metropolitan areas reveals a stark affordability divide, with Southern Ontario and British Columbia significantly more expensive than the rest of the country due to factors like warmer climates, restrictive zoning, and strong demand.

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48% Bias Score

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Canadian Developers Await Poilievre's Housing Policy Amidst Uncertainty

Facing a potential federal election, Canadian developers anxiously await clarity on housing policies from Conservative Leader Pierre Poilievre, with concerns raised over the continuation of key Liberal-era programs that significantly boosted housing construction and affordability.

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44% Bias Score

Sustainable Cities and Communities

Showing 1 to 12 of 13 results