Torontonians have mixed feelings about the rental market
Forum Research released the results of one of its latest polls about rental housing in Toronto. The poll found that the majority of Torontonians believe the City of Toronto should have authority on rental housing issues like evictions.
Is it time to consider increasing Toronto’s property taxes?
The Centre for Urban Research and Land Development released a new report recently about how much room Toronto residential property taxes have to grow...and you’re not going to like it (if you live in Toronto).
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.
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.
How millennials influence homebuying patterns in the Greater Toronto Area
A recent report from RE/MAX of Ontario-Atlantic Canada says that homebuying activity in the Greater Toronto Area has shifted to the west, but millennials may swing activity back to the east in the near future.
Average price of a new condo in the Greater Toronto Area surpasses $800,000
The Building Industry and Land Development Association released its new home sales figures for January 2019, reporting that the Greater Toronto Area’s new home market is off to a good start this year!
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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Ontario making strides to fix Tarion’s ‘broken system’
The Ontario government recently announced that they are in the process of fixing Tarion Warranty Corporation’s “broken system” in an effort to better protect new home buyers.
Governments and corporations own just 7% of residential properties in Ontario
The Canada Mortgage and Housing Corporation recently released highlights of its latest Housing Market Insight report, which focused on individual and non-individual residential property ownership.
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.
