Real Estate News

Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada's national housing agency continues to forecast housing start levels that fall short of growing demand.

TORONTO — The federal budget tabled on Tuesday introduced $53 billion in new spending, but not everyone got what they were looking for. Here's a look at some of the measures not included in the Liberals government's fiscal plans.

OTTAWA — The federal government is eyeing underutilized Canada Post and National Defence properties as a way to deliver affordability and supply to the country's housing market.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.

VANCOUVER — Home sales in British Columbia fell by almost 10 per cent in March compared with the same period last year, in a slowdown an analyst says could be buyers waiting for lower interest rates. The B.C.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Gildan update Gildan Activewear Inc. chief executive Vince Tyra will present an investor update on Monday, marking his first 90 days in the job.

TORONTO — A new report says the asking rent for a home in Canada in March was up 8.8 per cent compared with a year ago, but down from February. The report by Urbanation, which analyzes monthly listings from Rentals.

The Canadian Real Estate Association says it's now expecting the national average home price to climb 4.9 per cent on an annual basis to $710,468, more than double the hike it had predicted at the start of 2024.

TORONTO — Three in four Canadians who don't own a property say buying a home feels out of reach, a new poll shows.

TORONTO — Some advocates are praising Ottawa's move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians would help make home ownership more affordable.