Vancouver’s shift to a buyer’s market continued in both the condo and single-family markets. Buyers and sellers have stepped to the sidelines; buyers want to see if prices will keep dropping and sellers are hoping prices stabilize or go back up.
The Canada Mortgage and Housing Corporation released its latest Housing Market Insight report, highlighting some new data gathered on non-resident homeownership in British Columbia, Ontario, and Nova Scotia.
According to a new report from the Centre for Urban Research and Land Development, there’s plenty of space for new transit oriented development, but outdated city bylaws are preventing new housing from being built.
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.
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.