CMHC reports annual pace of housing starts up eight per cent in October
Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September.
Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September.
Average asking rents declined nationally on a year-over-year basis for the first time in more than three years in October, said a report out Thursday.
Canada's housing agency says risks remain in the mortgage market as over a million contracts are up for renewal next year while a growing share of new mortgages are being issued by alternative lenders.
Conservative Leader Pierre Poilievre has written to the provinces' premiers, asking them to eliminate their sales taxes on new homes that are under $1 million.
Housing experts argue widespread adoption of government-supported affordable housing, the growth of alternative models like co-operatives and co-housing, and the increased use of advanced building techniques could all play a role in improving Canada's housing system.
Canada's home ownership crisis is likely to worsen over the next few years as proposed project sales languish at historically low levels, stalling the funding needed for construction, half a dozen economists and realtors told Reuters.
Statistics Canada's latest financial security survey shows a stark disparity between the wealth of homeowners and renters, even as it fails to capture the true scale what's owned by Canada's richest families.
A new report says that while fewer young Canadians own a home compared with three years ago, a majority of millennials and Gen Z adults still plan to purchase one in the next five years.
High grocery and rental costs are squeezing lower-income Canadians even as inflation trends downward, a new survey suggests.
The federal government has added 56 properties to a new public lands bank of locations that are suitable for long-term leases so developers can build housing, a move the Housing Minister says will help boost the supply of homes Canadians can afford.
Rents are still rising in Canada but the year-over-year pace of growth has slowed, according to a new report.
A new report says the average asking rent for a home in Canada reached $2,185 in June, up seven per cent compared with a year ago despite representing the slowest annual rate of growth in 13 months.
Rental housing construction in Canada has picked up significantly and is expected to keep growing this year, according to a new RBC report.
A significant number of Canadian renters are spending more than half their paycheque putting a roof over their head, according to a new Royal LePage report.
The average asking rental price in Canada surpassed $2,200 to reach a record high in May, according to a new report.
The federal government will create a new 'Canadian Renters' Bill of Rights,' which would require landlords to disclose their properties' rental price history to prospective tenants.
RBC says the recently announced cap on new study permits won't lead to an outright decrease in demand for rental housing from international students this year.