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Ottawa has to allow home prices to fall to make housing more affordable, experts say

May 24, 2025 2 Comments

Housing experts are pushing back against a federal cabinet minister’s recent claim that home prices don’t need to go down in order to restore housing affordability.

Muskoka chairs sit on a dock looking over Boshkung Lake, in Algonquin Highlands

Tariffs, economic uncertainty chilling cottage housing market, report says

May 19, 2025 1 Comment

The May long weekend marks the unofficial start of cottage season for many Canadians, but a new report says some looking to buy a vacation home of their own are holding back until economic tensions settle.

Fading West factory in Buena Vista, Colo.

In Canada’s housing crisis, are modular homes a cheaper and faster solution?

May 17, 2025 No Comments

When a church in Toronto’s west end was converted into affordable housing nearly 15 years ago, the group behind the project was already thinking ahead.

A sold home is pictured in Vancouver, B.C.

Home sales down almost 10% annually last month: Canadian Real Estate Association

May 15, 2025 No Comments

The Canadian Real Estate Association says home sales in April fell 9.8% compared with the same month last year, as the national housing market has returned “to the quiet markets we’ve experienced since 2022.”

The national average asking rent in April

Average asking rents down annually for seventh straight month at $2,127: report

May 8, 2025 No Comments

The national average asking rent in April was down year-over-year for the seventh straight month at $2,127, marking a decrease of 2.8%.

Montreal home prices surge as suburban markets outshine the island

May 7, 2025 No Comments

Montreal’s real estate market saw a strong start to the spring season, with residential sales rising 10% year-over-year in April to 5,126 transactions, according to the Quebec Professional Association of Real Estate Brokers (QPAREB).

Toronto-area home sales fall in April as buyers wait out trade uncertainty: board

May 6, 2025 No Comments

Home sales in the Greater Toronto Area were down 23.3% in April amid continued uncertainty over the economy.

Hudson’s Bay sees interest in 65 of its leases: court documents

April 25, 2025 No Comments

A process to find takers for leases held by Hudson’s Bay has generated plenty of interest.

One year after B.C.’s short-term rental crackdown, has it made housing cheaper?

April 24, 2025 No Comments

Marv Gandall says living in one of Victoria’s largest residential buildings a year ago meant a parade of people with suitcases, stuffed visitors parking and slow elevators.

Rate hold means status quo for Canada’s struggling housing market: experts

April 16, 2025 No Comments

Real estate watchers say the Bank of Canada’s decision to hold its key policy rate steady at 2.75% will likely keep a sluggish housing market at the status quo.

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