housing affordability Archives - Page 2 of 7 - Mortgage Rates & Mortgage Broker News in Canada

CMHC: Restoring pre-COVID housing affordability should be the goal

December 9, 2024 No Comments

New analysis comes as federal government faces pressure to tackle the housing crisis

Montreal unveils 2025 budget with new spending for housing, homelessness

November 20, 2024 No Comments

The City of Montreal is promising to speed up construction permits, raise taxes on owners of vacant lots and spend tens of millions of dollars more to help develop affordable housing as part of its 2025 budget.

Nova Scotia Progressive Conservative Leader Tim Houston

Liberals, NDP to blame for Nova Scotia housing crisis, says Tory Leader Houston

November 20, 2024 No Comments

Previous Liberal and NDP governments are to blame for Nova Scotia’s housing crisis, Progressive Conservative Leader Tim Houston said Wednesday on the campaign trail, boasting that his party’s plan to build more homes is bearing fruit.

Nova Scotia NDP releases election platform focused on affordability, housing, health

November 13, 2024 No Comments

Promises to build 30,000 affordable rental homes, make Halifax ferries free and temporarily remove the provincial tax on gasoline were centrepieces of the Nova Scotia NDP election platform released Wednesday.

European housing solutions to affordability crisis

What European housing models could do for Canada’s affordability problems

November 3, 2024 No Comments

Housing experts who have long promoted moving new home construction from suburbs to urban centres are calling for a similar approach to policy, saying several ideas currently percolating on the fringes of society in Canada have proven successful elsewhere and deserve a more central place in the national conversation.

Barriers to homeownership in Canada are “vast,” Butler tells Finance Committee

October 22, 2024 2 Comments

The dream of homeownership is slipping out of reach for many Canadians, particularly young people and those without significant family assistance, according to mortgage expert Ron Butler.

With inflation below target, BoC expected to deliver supersized rate cut this week

October 20, 2024 No Comments

Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half a percentage point this week.

New Brunswick election housing affordability

New Brunswick election: Greens and Liberals make pledges about housing affordability

October 17, 2024 No Comments

The high cost of housing was at the centre of the New Brunswick election campaign on Thursday.

N.B. election: Tenants’ rights group presses parties to impose cap on rent increases

October 10, 2024 No Comments

With New Brunswick’s provincial election approaching, a housing advocacy group is calling on the next government to strengthen tenants’ rights, particularly through caps on rent increases.

Homeownership costs easing, but “long way to go” before affordability is restored: RBC

July 4, 2024 No Comments

Borrowers experienced a slight reduction in homeownership costs in the first quarter, despite affordability remaining near its worst level ever.

housing affordability