Find out why Toronto needs non-resident buyers
To get a better grasp on the housing market, we reached out to some industry professionals to get their opinions on a few hot topics. Our first Q&A was with Ben Myers, President of Bullpen Research & Consulting Inc.
CMHC explains why the First-Time Home Buyers Incentive will work in Toronto and Vancouver
Last week, the Canada Mortgage and Housing Corporation came to the defence of the First-Time Home Buyers Incentive (CMHC will be the organization partnering in the shared equity mortgages).
Moving out of the city? Here’s where homes are most affordable along the GO Transit line
This increased interest in the 905 housing markets is evident in the growing usage of GO Transit, the provincially-owned regional transit network. It boasted a ridership of 56.6 million people in 2018, upping service by 13% to 217 weekly trips.
Have questions about the new home building industry? Now’s the time to ask
Have you ever had a question about the new home building industry or land development in the Greater Toronto Area? Thanks to Building Answers, you can now get all the answers you need.
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.
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.
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.
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.
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.
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.
