Canada Housing

LOOK: Luxury Canadian Homes That Just Can't Seem To Sell

The Huffington Post Canada | Jesse Ferreras | Posted 02.23.2015 | Canada Business

Listing a home at an exorbitant price is one thing. Selling it is another. Many of us love to look longingly at multi-million-dollar properties...

Yes, We Can Afford to Plan for Smarter Growth and Better Housing

Markus Moos | Posted 02.12.2015 | Canada Business
Markus Moos

Several articles have recently argued against smart growth planning on the grounds that it is the cause of our current housing affordability problems. The underlying assumption is that smart growth places artificial limits on land supply and therefore contributes to an increase in the cost of housing. This argument does not take into consideration the full range of factors that are responsible for the current escalation in the price of housing.

Without Affordable Housing, the Need for Food Banks Will Remain

Ontario Association of Food Banks | Posted 01.27.2015 | Canada Impact
Ontario Association of Food Banks

This past holiday season, food banks all across Ontario benefited from the generosity of their communities. Ontarians came together to donate food and financial support, both of which will make an enormous difference in the lives of people who struggle to make ends meet. Yet as the holiday lights and warmth fade and we head back into everyday life, we must not forget that this is not enough. In Ontario alone, it is estimated that 770,000 people visit food banks annually, and 20 per cent of food banks run out of supplies at least once every year. In a province that has more than enough food for everyone, why is this happening?

Renters Live In $5-Million Vancouver Mansion For $750/Month

The Tyee | David P. Ball | Posted 01.20.2015 | Canada British Columbia

From left, Erik Paulsson, Phoenix Muranetz and Jeet-Kei Leung pose in front the South Vancouver mansion they share with several other friends on a nea...

Vancouver Holds Dubious World Ranking Again

CP | Alexandra Posadzki, The Canadian Press | Posted 01.20.2015 | Canada British Columbia

TORONTO - Vancouver has been ranked among the most unaffordable real estate markets in a recent international report, leaving economists concerned abo...

Four Predictions for the 2015 Toronto Real Estate Market

Nathan Dautovich | Posted 01.18.2015 | Canada Business
Nathan Dautovich

Many families are deciding to raise their children in the city instead of moving to the suburbs. Toronto is a safe and vibrant city, and with house prices both in the city and in the suburbs unrealistic for many parents, condos are an attractive alternative. Right now, a typical semi-detached home in a desirable neighbourhood can sell for around $1 million.

The Canadian Housing Bubble: It's Not All About The House

Vanessa Routley | Posted 01.06.2015 | Canada Business
Vanessa Routley

Armchair economists from Toronto to Vancouver are debating the existence of a housing bubble, and I'm not taking sides. Maybe there is a bubble and maybe there isn't. But if you've been thinking about your worst-case scenario, you're in good company.

22 Of The Most Eye-Popping Homes In Canada

The Huffington Post Canada | Jesse Ferreras | Posted 12.31.2014 | Canada Business

It's been an active year for real estate in Canada. Huffington Post Canada profiled some incredible properties this year. From a ski-in/ski-out hom...

The Ontario Courts Should Learn Shelter Is a Basic Need

Sharad Kerur | Posted 02.10.2015 | Canada Politics
Sharad Kerur

On December 1, the Ontario Court of Appeal failed Canadians who are homeless or living in substandard conditions. By ruling that the Government of Canada has no obligation to provide "affordable, adequate, and accessible housing" to its citizens, the Court sanctioned the government's abdication of responsibility for housing and dealt a significant blow to vulnerable Canadians.

Why We May See More Homeless Seniors in Calgary's Future

Lee Tunstall | Posted 02.09.2015 | Canada Alberta
Lee Tunstall

Twenty per cent of older adults live with a mental health issue. In Calgary alone, that equates to over 21,000 older adults, with between 1,000 and 2,000 living with severe and persistent psychotic disorders, including schizophrenia and delusional disorder. These figures do not take into account individuals between 45 and 65 who have lived a higher-risk lifestyle and been intermittently homeless. Such individuals age more quickly than the general population, and often present as "functionally geriatric" well before the age of 65.

CMHC Data Shows Single Women, Mothers Need Better Places To Live

The Huffington Post Canada | Jesse Ferreras | Posted 11.21.2014 | Canada Business

When it comes to housing in Canada, no one is in worse shape than single women and mothers. That's according to data released by the Canada Mortgag...

Food Banks Were Meant to be Temporary. So Why Are They Growing?

Glen Pearson | Posted 01.12.2015 | Canada Politics
Glen Pearson

The real news in the recent Hunger Count 2014 report is not that 841,191 people came to food banks for help in one month -- a number 25 per cent higher than in 2008. Nor is it the realization that close to 40 per cent of food bank recipients are children. No, the overarching narrative is how the presence of food banks in most communities has come to represent the failure of imagination for a country and its citizens.

Canadian Housing Starts Slow Down

CP | The Canadian Press | Posted 01.10.2015 | Canada Business

OTTAWA - The pace of new home starts in Canada slowed in October due to less construction of multiple-unit homes including condominiums, Canada Mortga...

Canadians Too Exposed To Real Estate Risks: Bank Of Canada Official

The Huffington Post Canada | Jesse Ferreras | Posted 11.06.2014 | Canada Business

Canada's real estate market may rest on solid regulatory ground, but taxpayers are nevertheless exposed to too much risk, a Bank of Canada official wa...

The Affordable Housing Gap Is Only Getting Wider

Murtaza Haider | Posted 12.24.2014 | Canada Politics
Murtaza Haider

Housing affordability will continue to be one of the biggest challenges facing the rapidly urbanizing world. Canadian cities will not be exempt from this challenge.

Canada's Housing Bubble Could Pop Next Year: Author

The Huffington Post Canada | Posted 09.25.2014 | Canada Business

Say this for Hilliard MacBeth: the man has guts. While a number of analysts have expressed concern that Canada is in a housing bubble, the Edmonton...

SURPRISE! Canada's Home Prices Rise Again

CP | The Canadian Press | Posted 11.15.2014 | Canada Business

OTTAWA - The Canadian Real Estate Association raised its home sales forecast Monday on the back of stronger than expected sales in recent months follo...

Give Seniors "Homes" Instead of "Institutions"

Verena Menec | Posted 10.07.2014 | Canada Living
Verena Menec

Should we really be talking about how many nursing home beds are needed as politicians, media and health policy people all do? Or should the question be: "How many more homes are needed for frail older people who need care?"

This One City Dominates Housing Construction In Canada

BuzzBuzzHome | Posted 07.18.2014 | Canada Business

BuzzBuzzHome: At the end of Q2-2014, there were 213,683 homes being built across Canada’s 10 busiest new residential construction markets. Natura...

Price Difference Between Condos And Houses In Canada Just Got Bigger

BuzzBuzzHome | Monika Warzecha | Posted 07.16.2014 | Canada Business

BuzzBuzzHome: The price gap between a standard two-storey house and condo in Vancouver just hit $712,027. If you had that kind of money sitting in the...

Sunny Freeman

Six Key Reactions About Canada's Housing Market Report

HuffingtonPost.com | Sunny Freeman | Posted 07.15.2014 | Canada Business

The average Canadian home price jumped an annual 6.9 per cent in June, suggesting that the market is still on a tear that has long passed the real est...

House Prices Up 4.4 Per Cent From A Year Ago

CP | The Canadian Press | Posted 07.14.2014 | Canada Business

TORONTO - The Teranet National Bank national composite house price index rose 0.9 per cent in June from the previous month. The increase came as pr...

Affordable Housing Isn't Even on the Ontario Election Radar - Why?

Sharad Kerur | Posted 08.03.2014 | Canada Politics
Sharad Kerur

Over the past four weeks, pundits, parties and candidates in the Ontario race have talked everything from jobs to transit to past scandals and old grievances. There's one issue, though, that they've been silent on: affordable housing. By ignoring housing, all three major parties have abandoned the primary need of the most vulnerable residents in our communities. Instead, Wynne, Hudak and Horwath have focused on jobs, gridlock and rebuilding Ontario's economy without recognizing that affordable housing is a key part of the solution to each of those problems.

Can't Afford a House in Toronto? Be Patient

Nathan Dautovich | Posted 07.27.2014 | Canada Business
Nathan Dautovich

With prices of single family homes already up over 13 per cent year over year, the dream of owning a home in a desirable neighbourhood is quickly fading for many would-be Toronto home owners. So what options are there for people with a budget under $1 million who still want a home in a desirable neighbourhood?

Where You Can Buy an Affordable House in Toronto

Nathan Dautovich | Posted 05.28.2014 | Canada Business
Nathan Dautovich

With home prices skyrocketing in recent months, many home buyers are wondering if they will ever be able to afford a house in Toronto. In many desirable neighbourhoods, prices have already increased beyond what most people can afford. However, there are still some pockets in Toronto where value can be found. Here are 3 places to look for an affordable home in Toronto.