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.

Canadian cities like Lethbridge, Red Deer, Saint John and Thunder Bay are some of the most affordable for those looking to own a home amid the cost-of-living crunch.

The net worth of Canadian households, calculated as the value of all assets minus all liabilities, rose 1.3 per cent in the first three months of 2026 to reach $18.6 trillion.

Saskatchewan's Realtors' association is reporting mounting supply pressures and all-time-high benchmark prices for cities across the province last month.

The Greater Toronto Area marked its third straight month of higher home sales compared with a year earlier, as the city's real estate board says the market tightened in May.

Mercedes Rodriguez says she and her seven kids struggle to sleep at night because of the sounds of mice scurrying in the walls in her apartment in Montreal's east end.