Housing
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Nearly a million Canadian homes need ‘major repairs,’ CMHC saysAround 6.1 per cent of all homes in Canada are in need of 'major repairs,' a report by CMHC chief economist Mathieu Laberge said on Thursday.EconomyOct 22
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Ottawa considering ‘options’ as foreign home buyer ban nears end: ministerThe ban was brought in by the Liberals in 2022 to keep foreign investors out of housing markets increasingly out of reach for Canadian buyers.CanadaOct 7
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Greater Toronto home sales in September down from year ago, average price also lowerRenewed 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.EconomyOct 6
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Toronto board of trade calls for regulatory reforms to spur housing growthThe 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.CanadaOct 1
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Landlord withdraws rent increase after tenant strike at Toronto apartment: organizersTenant organizers say they have successfully beat back a landlord's attempt to retroactively raise rents by over five per cent at a west-end Toronto apartment building.CanadaSep 25
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Ottawa, Alberta pledge to build 1,460 affordable housesOttawa 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.EconomySep 9
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Toronto Area home sales down 2% in August, prices dip below $1M: boardThe 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.EconomySep 3
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Vancouver-area home sales drop almost 5% in August amid lag: boardGreater Vancouver Realtors says there were 1,869 home sales last month, which was 20.7 per cent below the 10-year seasonal average.CanadaSep 2
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Alberta mayors welcome more money for local housing infrastructureA new bilateral program to accelerate homebuilding was announced in July with the funding set aside being used to set up water and wastewater infrastructure for homes.CanadaAug 14
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‘It’s for the kids, and his kids’: Affordable homes from $1 lots in WinnipegJesse Bettcher has found a home on one of the lots the City of Winnipeg sold for $1 to Purpose Construction as part of a revitalization pilot project for the city's North End.Aug 10
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