Category: ontario
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Canadian Mortgage Arrears Hit A 5-Year High

February 3, 2026 Canadian households are starting to feel the strain of higher borrowing costs, and the country’s major banks are seeing it show up in their books. New data from the Canadian Bankers Association (CBA) reveals that the national mortgage arrears rate increased again in November, reaching its highest level in five years. While…
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Best GTA Suburbs for First-Time Home Buyers in 2026

February 2, 2026 Buying your first home in the Greater Toronto Area (GTA) has become increasingly difficult, but not impossible. While Toronto proper remains out of reach for most first-time buyers, several surrounding suburbs still offer relatively lower prices, better value per square foot, and more attainable entry points. Using recent regional market data, here…
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Half-Built Toronto Home For Sale For $1M

January 30 2026 A half-finished detached home in Scarborough is back on the market – and still priced above the $1 million mark, despite sitting incomplete for nearly two years. The property at 6 Cotton Avenue originally sold in 2020 as a standard three-bedroom bungalow, during the height of Toronto’s pandemic housing surge. The new…
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Canadian Building Investment Hits Record – But Homeownership Isn’t Growing

January 25, 2026 Canadian building investment just surged to an all-time high, but a closer look at the data suggests the apparent construction boom is being driven by a very narrow segment of the market. New figures from Statistics Canada show investment is overwhelmingly concentrated in corporate-owned rental developments, particularly in Ontario, raising questions about…
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Ontario’s Housing Budget Cuts Explained: What Buyers, Renters, and Investors Lose in 2026

Ontario’s housing market has been under intense pressure for years, with skyrocketing home prices, limited rental supply, and growing affordability challenges. Now, budget cuts at the federal level are adding a new layer of complexity, sparking confusion and concern among homebuyers, renters, and investors alike. This article breaks down the housing budget cuts affecting Ontario…
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Canadian Incomes Improved, But Most Households Expect Life to Get Worse in 2026: MNP

January 19, 2026 Despite recent gains in income, Canadians are entering 2026 with growing pessimism about their financial future. New survey data from MNP’s Consumer Debt Index shows that most households expect rising costs, worsening housing affordability, and mounting economic pressure in the year ahead. While some Canadians are actively adjusting their finances, a large…
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Canadian Rents Just Fell at the Fastest Pace in Four Years

January 18, 2026 Canada’s housing slowdown is now clearly spilling into the rental market. New data from Rentals.ca shows average asking rents fell again in December, marking the steepest annual decline in four years and pushing national rents to their lowest level since mid-2023. However, the pullback is far from uniform. Nearly all of the…
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Canadian Rental Vacancies Are Rising, But Rents Still Outpace Wages: CMHC

Canada’s rental market is showing early signs of relief on supply, but affordability remains firmly out of reach for many tenants. New data from the Canada Mortgage and Housing Corporation (CMHC) shows rental vacancy rates climbed sharply in 2025, reaching their highest level in four years. Despite this increase, rents continue to rise faster than…
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Why Toronto and Vancouver Could Lag the Rest of Canada’s Housing Market in 2026

Canada’s housing market is heading into 2026 in a more balanced, but uneven, position after a year marked by economic uncertainty, shifting immigration levels, and changing global trade dynamics. According to Royal LePage president and CEO Philip Soper, it was not interest rates or employment that weighed most heavily on housing activity in 2025, but…
