Canadian housing starts trend upwards as construction slows in Toronto Image

Canadian housing starts trend upwards as construction slows in Toronto

Canadian housing starts trended at 208,970 units in July 2019, compared to 205,765 in June. The trend is a six month moving average of seasonally adjusted annual rates (SAAR).

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Burlington offers the best quality of life, but it’s not an affordable place to live Image

Burlington offers the best quality of life, but it’s not an affordable place to live

Maclean’s conducted a study of 415 communities across Canada and ranked them based on a variety of criteria, including wealth & economy, affordability, population growth, taxes, commute times, crime, weather, health care, amenities and culture. 

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Toronto’s housing supply shortage could be preventing important life decisions Image

Toronto’s housing supply shortage could be preventing important life decisions

Have you put off moving? What was the reason? A new report suggests housing supply is tied to a decreasing mobility rate in some of Canada’s largest metro areas, including Montreal, Ottawa-Gatineau, Calgary, Edmonton, Vancouver, and Toronto. 

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Is it time to embrace coliving in Toronto? Image

Is it time to embrace coliving in Toronto?

It may sound like you’re back in college again, but your next rental in Toronto may be a coliving situation. How do you feel about that? Common, a company known for its coliving housing in the United States, has partnered with Dream Unlimited.

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Canadian housing affordability showing improvement, except in Toronto and Vancouver Image

Canadian housing affordability showing improvement, except in Toronto and Vancouver

On a national level, Canadian housing is becoming more affordable, but things aren’t looking good for buyers in the country’s most expensive markets, Toronto and Vancouver.

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Greater Toronto Area luxury home market to heat up this spring Image

Greater Toronto Area luxury home market to heat up this spring

It looks like the Greater Toronto Area’s luxury home market will be strong this year compared to 2018, according to a new report from Royal LePage. 

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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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Expect fewer new homes breaking ground in Toronto during 2019 Image

Expect fewer new homes breaking ground in Toronto during 2019

The Canada Mortgage and Housing Corporation released its monthly housing starts figures for January 2019, reporting that starts held steady compared to the previous month. 

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Cutting red tape isn’t the solution for all housing markets Image

Cutting red tape isn’t the solution for all housing markets

The City of Ottawa issued a letter to the province recently, urging them to look beyond the Greater Toronto Area when exploring solutions to improve the housing market. 

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Average home sale price expected to jump 10% next year in this city Image

Average home sale price expected to jump 10% next year in this city

RE/MAX recently released its 2019 Housing Market Outlook, reporting that Canada’s housing market will continue to stabilize next year.

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