Regional Archives - Mortgage Rates & Mortgage Broker News in Canada

Homes are pictured at a suburb in Halifax

No action against Nova Scotia rent loophole out of fears for housing supply: minister

May 16, 2025 No Comments

The minister responsible for Nova Scotia’s rental property rules says her department won’t crack down on instances of abuse involving fixed-term rent leases because it doesn’t want to affect the housing supply.

Nova Scotia Public Works Minister Fred Tilley

Nova Scotia gets $170 million over 10 years after signing housing infrastructure deal

May 16, 2025 No Comments

Nova Scotia’s public works minister says the province is getting $170 million from the federal government to assist with housing infrastructure, after a deal was signed last winter.

Ontario to table bill to speed up home building as 1.5M target not on track

May 12, 2025 1 Comment

Ontario’s housing minister is introducing legislation today intended to speed up the construction of new homes, as he admits the province isn’t currently on track to meet its goal of getting 1.5 million homes built over 10 years.

Nova Scotia fixed-term lease loophole to remain in place despite some abuse: official

May 7, 2025 No Comments

A provincial official acknowledged Tuesday that some Nova Scotia landlords are abusing fixed-term leases, but the government is not looking to change tenancy law because there could be “unintended consequences.”

Vancouver home sales continue to slide as trade war concerns weigh on buyers

May 2, 2025 No Comments

Home sales in Metro Vancouver continued to decline in April as economic uncertainty and trade tensions kept many buyers on the sidelines.

Home sales fall in Calgary, but rising listings ease pressure on prices

May 1, 2025 No Comments

After two years of runaway price growth and ultra-tight supply, Calgary’s housing market is finally cooling.

B.C. gives short-term rental platforms an extension to confirm listings are legal

April 30, 2025 No Comments

The British Columbia government has granted short-term rental platforms an extra month to confirm their listings are legal.

Metro Vancouver housing figures underscore massive gap in affordable units

April 28, 2025 No Comments

The latest housing report from Metro Vancouver underscores the significant gap between current affordable rentals and the number of units required to prevent more people from falling into homelessness, the head of the BC Non-Profit Housing Society said as the district released its data Friday.

CN Tower can be seen behind condos in Toronto's Liberty Village

Toronto condo market unlikely to see jolt as conditions vary elsewhere in Canada

April 13, 2025 No Comments

Experts say the Greater Toronto Area condo market is unlikely to awaken from its lull any time soon even as other major Canadian cities see somewhat more promising demand.

Montreal home sales climb 12% in March as spring market heats up

April 6, 2025 No Comments

Montreal’s housing market showed renewed signs of life in March, with residential sales across the region rising 12% year-over-year.

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