Toronto homebuyers blame population growth for soaring housing prices Image

Toronto homebuyers blame population growth for soaring housing prices

Housing prices are considered high in the Greater Toronto Area, and many of the professionals in the industry blame the lack of supply. Turns out that’s not how homebuyers see it. 

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Everything you need to know about Canada’s First-Time Home Buyer Incentive Image

Everything you need to know about Canada’s First-Time Home Buyer Incentive

If you’re a first-time buyer in Canada, you’ve likely been waiting for details on the federal government’s First-Time Home Buyer Incentive program. Well, the details are here, including a start date.

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Toronto condo construction takes a breather as sales pick up steam Image

Toronto condo construction takes a breather as sales pick up steam

New home sales may be picking up steam this spring, but residential construction slowed down slightly across the country.

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Would you pay a premium for a third bedroom? Image

Would you pay a premium for a third bedroom?

Would you pay more for a condo unit because it has an extra bedroom, even if the square footage was the same as a unit with fewer bedrooms? 

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The mortgage stress test is flawed because it doesn\

The mortgage stress test is flawed because it doesn't consider income growth

There’s a mortgage stress test duel underway, and the weapons of choice are reports and open letters. Who will win?

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CMHC president defends the mortgage stress test Image

CMHC president defends the mortgage stress test

Is it true that the mortgage stress test doesn’t really have unintended consequences? That’s what Evan Siddall, the president and CEO of Canada Mortgage and Housing Corporation, believes. 

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Mortgage activity slows as Canadians fall deeper into debt Image

Mortgage activity slows as Canadians fall deeper into debt

Since late 2015, the mortgage delinquency rate among 65+ mortgage holders has been on the rise and the highest among all age groups, says the Mortgage and Consumer Credit Trends report by CMHC.

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First-ever Passive House high-rise retrofit in Canada coming soon Image

First-ever Passive House high-rise retrofit in Canada coming soon

Hamilton will soon be home to Canada’s first-ever residential tower retrofit that meets Passive House standards, surpassing Ontario’s building code in energy efficiency by leaps and bounds. 

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Canadian housing starts trend upwards as Toronto construction takes a breather Image

Canadian housing starts trend upwards as Toronto construction takes a breather

The Canada Mortgage and Housing Corporation released its monthly housing starts figures for April 2019, reporting an upwards trend due to strong multi-unit starts. 

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Toronto still highly vulnerable as Canada’s housing market improves Image

Toronto still highly vulnerable as Canada’s housing market improves

In the Canada Mortgage and Housing Corporation’s quarterly Housing Market Assessment, the overall condition of Canada’s housing market moved from high risk to moderate risk, mostly due to an easing of price acceleration.

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