The foreign homebuyers ban is scheduled to expire on Jan 1, 2027, which means home prices are at risk of rising sharply if there is pent up demand from non-residents.

Renewed tensions with the United States and a surge in gas prices amid an ongoing war in the Middle East have kept potential buyers on the sidelines in recent months.

The Toronto Region Board of Trade is urging the province to amend zoning and building code rules as it says Ontario is on pace to fall well short of its new home goal.

Some Edmonton condo owners say investment firms are making individual offers on multiple units at the same time, in order to gain enough control to turn the property into rentals.

In Halifax, a one-bedroom apartment is listed for rent at $1,750 a month, located in a three-storey building on Tower Road, about three blocks east of Dalhousie University.

Ottawa will provide up to $220 million through Build Canada Homes, a federal agency formed to speed up the delivery of the housing, while Alberta will pay up to $165 million.

The Toronto Regional Real Estate Board says 5,057 homes changed hands last month, down 2.1 per cent year-over-year, while sales also fell 1.3 per cent from July.

The region saw 5,995 homes change hands last month, down 0.9 per cent from July 2025, however sales rose 3.2 per cent from June on a seasonally adjusted basis.

As many Canadians report feeling less wiggle room in their paycheques, experts warn there are risks from turning to a home equity line of credit (HELOC) to borrow more money.

Condos account for much of the recent uptick in affordability, with 46 per cent of that housing segment valued under $500,000 in 2026, up from 24 per cent just four years ago.