Canada Housing

Canada's Fastest-Rising Rents Aren't In A Major City

HuffPost Canada | Emma Paling | Posted 05.24.2017 | Canada Business

Kitchener, Ont. takes the crown.

Welcome To The Home Stretch

HuffPost Canada | Posted 05.18.2017 | Canada Business

Is Toronto's housing market finally cooling off? What does avocado toast have to do with owning your first home? And more.

Homeowner Talk: Home Renovation Horror Stories

Posted 05.15.2017 | Canada Living

The home renovation business is booming. In Canada alone, construction trends have been hedging towards fixer-uppers instead of breaking new ground. B...

The Pros, Cons And Pitfalls Of 'New' Versus 'Used' Homes

Samantha Brookes | Posted 05.12.2017 | Canada Business
Samantha Brookes

Surprising to many, homes come with warranties -- well, new homes that is. New-construction condominiums, townhouses and free-standing homes are automatically covered for issues related to construction and assembly of the home -- pipes, paint and everything in between.

Canadian Millennials Are Flocking To Live In These Trendy Places

The RentSeeker.ca Team | Posted 05.10.2017 | Canada Living
The RentSeeker.ca Team

It's not easy to top global lists of "best places to live" while making headlines for real-estate growth. There are many amazing neighbourhoods for millennials to live in Canada, and here we explore some of the most popular choices.

What Will B.C.'s Next Government Do About Its Simmering Real Estate Market?

Atrina Kouroshnia | Posted 05.08.2017 | Canada British Columbia
Atrina Kouroshnia

A simple Google search of "political promises in Canadian real estate market" gives you an idea of where our minds are at this election. The sentiment is pretty clear. Canadians want to know what our next provincial government is going to do about the simmering B.C. real estate market?

5 Ways To Simplify Your Banking

Posted 05.08.2017 | Canada Living

Banking can be stressful for those of us who aren't financially savvy. But tackling your banking head-on allows you to simplify your life and reduce your overall stress.

Why Affordable Housing Is An Environmental Issue

Steve Kux | Posted 05.05.2017 | Canada British Columbia
Steve Kux

During this B.C. election, decision-makers say they're acting on climate change and conserving the environment without acknowledging that out-of-control housing costs work in direct opposition to those goals. Hundreds of thousands of people commute into and out of cities they cannot afford to live in.

Toronto CityPlace: Growing Problem Or Just A Growing Neighbourhood?

Nathan Dautovich | Posted 05.04.2017 | Canada Living
Nathan Dautovich

I'll admit it, several years ago I had a very poor opinion of the CityPlace neighbourhood in Toronto. Back then, this neighbourhood of tall condo buildings built around Fort York Blvd and Spadina Ave was a huge construction site. It was dirty, the buildings were all under a constant state of repair, and there were no amenities nearby. Then in 2013, when Fort York Blvd opened through Bathurst St, things began to change.

Soaring Prices, Changing Lifestyles Are Making Canada A Condo Nation

CP | Alexandra Posadzki, The Canadian Press | Posted 05.03.2017 | Canada Business

A growing contingent of Canadian families are opting for the compact condo lifestyle over the white picket fence and the sprawling suburban McMansion.

Your Mortgage Renewal Checklist

Posted 05.03.2017 | Canada Living

For many Canadians, their monthly mortgage payment is their largest expense. And so, when it comes time to renew your mortgage there are many things t...

Chilling Thing Insiders Said About Canada's House Price Bubble

Wolf Richter | Posted 05.02.2017 | Canada
Wolf Richter

Home Capital, Canada's biggest "alternative" mortgage lender, is not a bank - which today is part of its problem because it cannot create money to len...

Mexican Cars, Indian Cobras, And Canadian Homes

Samantha Brookes | Posted 05.02.2017 | Canada
Samantha Brookes

Economic forces have an uncanny way of exacting revenge. Markets arise out of need, when a buyer and seller agree that each is better off from the exc...

Vancouver's Green Buildings Policy Is Good News

Karen Tam Wu | Posted 05.02.2017 | Canada British Columbia
Karen Tam Wu

By setting the bar so that new homes and buildings perform better and pollute less -- at no additional cost -- we are taking an important step toward reducing our dependence on fossil fuels, and bringing construction standards in line with those being adopted across Europe and North America. The city's new policy will save us money, expand the number of jobs in green construction, and benefit our health. It's an exciting blueprint for what will become the new normal in construction in B.C. and across Canada.

Fair, Foul Or Fail? Making Sense Of Ontario's New Housing Plan

YPNextHome | Posted 04.25.2017 | Canada Business
YPNextHome

Is Ontario's new Fair Housing Plan, comprising 16 measures designed to stabilize the real estate market while protecting homeowners' investments, actually fair? Or foul? Or is it a fail, even? Well, that depends on what part of the housing market you're in.

Liberals Aim To Cut Number Of 'Chronic' Homeless In Half By 2028

CP | Jordan Press, The Canadian Press | Posted 04.22.2017 | Canada Politics

"It's pretty clear that the government is investing money differently."

$11 Billion Can End Homelessness In Canada

Jino Distasio | Posted 04.18.2017 | Canada Politics
Jino Distasio

Budget 2017 earmarked a whopping $11 billion for housing and homelessness. There's no doubt this will have a big impact. However, these funds must not only build affordable housing, they must align with poverty reduction strategies and mental health and recovery initiatives if we are to truly reduce long-term homelessness.

Housing Speculation An Addiction Canada's Economy Can't Kick

Wolf Richter | Posted 04.17.2017 | Canada Business
Wolf Richter

The entire economy - including government revenues and thereby the services offered by these governments - depends on wild property speculation. And everyone is praying that it can somehow be maintained.

Everything You Need To Know About The Home Buyers' Plan

Posted 04.20.2017 | Canada Business

Buying a house can be a great investment, but finding the cash to do so can be hard. The Home Buyers’ Plan (HBP), a program offered by the Governmen...

Flashy Headlines Driving Toronto Real Estate Market

Nathan Dautovich | Posted 04.10.2017 | Canada Business
Nathan Dautovich

We've all seen news headlines over the last few years describing properties that sell for "$400,000 above asking!" These headlines make it seem like h...

Social Housing Is Not A Priority In Liberals' Quebec Budget

Project Genesis Housing Rights Committee | Posted 04.03.2017 | Canada Politics
Project Genesis Housing Rights Committee

After two years of major cuts to AccèsLogis, the Quebec Liberals announced yesterday that its 2017-2018 budget will restore funding to social housing to its previous levels (3000 units per year). While we are happy that AccèsLogis -- the only program that allows for the construction of social housing in Québec -- was not cut further this year, our delight stops there.

Budget Fails To Address Key Housing Affordability Issues – Again

YPNextHome | Posted 03.27.2017 | Canada Business
YPNextHome

Budget 2017 proposes to invest more than $11.2 billion over 11 years in a variety of initiatives designed to build, renew and repair Canada's stock of affordable housing, and help ensure that Canadians have affordable housing that meets their needs. But so far it fails to address key market-related issues - again.

It's A Different Kind Of Spring Season This Year In Real Estate

YPNextHome | Posted 03.23.2017 | Canada Business
YPNextHome

Spring has sprung, and while spring season is normally an occasion to celebrate, with days growing longer, weather getting warmer and real estate heading into busy season, everything feels a little different this year. Canada's real estate markets are dealing with myriad of issues.

Debating The Supply And Demand Crunch In GTA New Low-Rise Homes

YPNextHome | Posted 03.06.2017 | Canada
YPNextHome

By Wayne Karl Bryan Tuckey was on fire. Speaking at the Toronto Real Estate Board's (TREB) recent Market Year in Review & Outlook 2017 event, Tuckey ...

Double-Digit Price Increases, Limited Supply Await GTA Homebuyers In 2017

YPNextHome | Posted 02.03.2017 | Canada Business
YPNextHome

Tight supply and strong demand will dominate the GTA market this year, resulting in double-digit home price growth, according to the Toronto Real Estate Board. While this forecast may be good news for existing homeowners, it might be the last thing prospective homebuyers in Toronto want to hear.