How the government is planning to improve housing affordability for first-time buyers Image

How the government is planning to improve housing affordability for first-time buyers

Finance Minister Bill Morneau tabled the Government of Canada’s Budget 2019 yesterday, and there was an emphasis on improving housing affordability for first-time buyers.

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Canadians want bigger first-time buyer tax credit in federal budget: survey Image

Canadians want bigger first-time buyer tax credit in federal budget: survey

There’s no doubt that housing affordability – or the lack thereof – has been one of the biggest financial challenges facing Canadians in recent years. That’s led to growing pressure on the federal government to take action.

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Funding announced for 9 innovative affordable housing solutions Image

Funding announced for 9 innovative affordable housing solutions

The Canada Mortgage and Housing Corporation recently announced that it will be funding nine innovative affordable housing solutions through the National Housing Strategy Demonstrations Initiative. 

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CHBA recommends 5 ways to address housing affordability challenges Image

CHBA recommends 5 ways to address housing affordability challenges

At the end of February, the Canadian Home Builders’ Association Day on the Hill took place, where CHBA met with members of parliament and senators to provide potential solutions to the housing affordability challenges Canadians face across the country. 

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4 ways to make buying a home easier for first-time buyers Image

4 ways to make buying a home easier for first-time buyers

I recall seeing young couples buying new detached homes in Brampton, Markham, Mississauga, Oakville, Oshawa, all across the Greater Toronto Area and surrounding regions. Today, I’m seeing fewer and fewer first-time buyers, even in new condo sales centres.

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Canada investing $638 million to address Indigenous homelessness and housing affordability Image

Canada investing $638 million to address Indigenous homelessness and housing affordability

The Government of Canada recently announced a $638 million investment in creating, supporting, and maintaining safe and affordable housing for Indigenous peoples across the country. 

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No Valentine? Here’s where single buyers can afford a home in Canada Image

No Valentine? Here’s where single buyers can afford a home in Canada

With home prices climbing stratospherically over the last five years and a mortgage stress test now in place, homebuyers are seeing their purchasing power chopped more than ever - especially young families and first-time buyers.

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See what people in Toronto sacrifice to buy a home Image

See what people in Toronto sacrifice to buy a home

With would-be buyers finally adjusting to the stress test and interest rates looking like their taking a breather, 2019 may be a strong year for home sales in Toronto and other major markets in Canada. 

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The three-way tug-of-war between builders, homeowners, and politicians Image

The three-way tug-of-war between builders, homeowners, and politicians

According to the report, simply building more missing middle housing isn’t an option. One of the primary reasons this type of housing isn’t getting built is because of the three-way tug-of-war between builders, homeowners, and politicians. 

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How to increase the supply of missing middle housing in Toronto Image

How to increase the supply of missing middle housing in Toronto

The Centre for Urban Research and Land Development released a new report exploring strategies for increasing the supply of “missing middle” housing in Toronto.

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