Category: ontario
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The New First-Time Buyer Incentives in Canada in 2025 (And What They Really Mean)
Buying your first home in Canada just got a little easier. In 2025, the federal and some provincial governments are rolling out new and improved incentives to help first-time buyers overcome today’s biggest challenges: saving for a down payment, affording monthly mortgage payments, and competing in high-cost markets. If you’re feeling overwhelmed by real estate…
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Average Asking Rents for Two-Bedroom Apartments Across Canada – June 2025 Update
A new dataset from Statistics Canada and the Canada Mortgage and Housing Corporation (CMHC) provides a fresh look at average asking rents across Canada. The first quarter of 2025 reveals key differences between Canada’s largest cities and smaller, more affordable markets- many of which are experiencing rapid rent inflation. Canada’s Most Expensive Rental Markets In…
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Ontario Listings of the Week- Friday, July 4, 2025
Welcome to our weekly roundup of Ontario’s top listings! Every week, we feature the best properties across the province, from cozy condos in the city to multi-million dollar mansions with the backyard of your dreams. See below to discover your future home or browse to stay on top of the current market. Here are the…
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Vancouver’s Rental Market Shifts: One of the City’s Largest Purpose-Built Projects Seeks Tenants
The completion of Signal, one of Vancouver’s largest purpose-built rental projects, marks a rare moment of opportunity for renters in the city’s notoriously tight housing market. But experts warn this supply surge may not last long. Developed by Intracorp Homes and Oxford Properties, the project includes two towers- 27 and 32 storeys- delivering over 500…
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GTHA’s ‘Invisible Poor’: Middle-Income Households Squeezed by Housing Crisis
A new report by CivicAction warns that middle-income households in the Greater Toronto and Hamilton Area (GTHA), including essential workers like nurses, teachers, and personal care workers, are being financially squeezed out of the region due to unsustainable housing costs. Who Are the ‘Invisible Poor’? The term “invisible poor” refers to middle-income earners making between…
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Canadians Are Spending Less Time With Friends – Especially Working Adults, Says StatCan
A new report from Statistics Canada reveals a concerning trend in Canadian social life: face-to-face friendships are declining, particularly among working-age adults. In 2022, only 19.3% of Canadians reported seeing friends on an average day, compared to 47.9% in 1986. The most dramatic drop occurred among those aged 25 to 64, whose likelihood of seeing a friend fell from 42% to just 14% over…
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Up to $50K in Savings: New GST Rebate for First-Time Canadian Home Buyers (2025)
If you’re a first-time home buyer in Canada, you may be eligible for a major new rebate that could save you up to $50,000 on your new home. On May 27, 2025, the federal government introduced the First-Time Home Buyers’ GST Rebate (FTHB GST Rebate)—a game-changing measure designed to make homeownership more affordable and accessible…
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Toronto Reaches Highest Temperature in Nearly a Decade
Toronto shattered a nearly 10-year temperature record today as a dangerous heat wave continues to grip the city. According to Environment Canada, temperatures soared to 36°C at 4 p.m., the hottest Toronto has been since July 13, 2016. This extreme heat has already triggered warnings, power outages, school closures, and disrupted transit – impacting residents…
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One-Third of Canadian Renters Say They Don’t Plan to Buy a Home
As affordability trends begin to shift slightly in Canada’s housing market, a significant number of renters remain hesitant, or straight up uninterested, in making the leap to homeownership. According to Royal LePage’s 2025 Canadian Renters Report, approximately one-third of renters across the country have no plans to purchase a home. While falling rents and softer…
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Canada Needs to Double Home Construction to Restore Affordability by 2035, Says CMHC
CMHC: 4.8 Million New Homes Needed to Close Canada’s Affordability Gap In a newly released report, the Canada Mortgage and Housing Corporation (CMHC) says that Canada must double its current pace of housing construction to restore affordability levels last seen in 2019. That means building between 430,000 and 480,000 homes per year– both in the…
Canada Housing Market 