Category: Uncategorized
-
Calgary Still Short 42,000 Homes Despite Record-Breaking Construction Efforts
Calgary may be leading Canada in housing starts, but it’s still nowhere near closing its housing gap. According to the city’s chief housing officer Reid Hendry, Calgary is on track to be short 42,000 housing units by the end of 2025, despite building more new homes than ever before. The update comes from Hendry’s latest…
-
Toronto Now One of the Least Affordable Housing Markets in the World, Report Finds
Toronto has been ranked among the least affordable cities globally in the latest Global Cities Index by Oxford Economics. Experts say that without bold, immediate policy reform, the housing crisis will continue to push families and first-time buyers out of the market. Toronto Residents Spend More on Housing Than Almost Anywhere According to the 2025…
-
Canadian Home Prices Have Risen Nearly 7x Faster Than Wages Since 1981
A new report confirms what many Canadians have felt for years: real estate prices have far outpaced wages, making homeownership increasingly out of reach for younger generations. According to Statistics Canada and data compiled by Better Dwelling, real home prices in Canada increased by over 163% from 1981 to 2024, while median real wages for…
-
Alberta Is Now the Only Province That Hasn’t Raised Its Minimum Wage This Decade
Alberta hasn’t increased its minimum wage since 2018, making it the only province in Canada that hasn’t made at least one adjustment in the 2020s. In fact, if you’re under 18, wages actually went down. The province introduced a youth minimum wage of $13/hour in 2019 for students working 28 hours a week or less.…
-
Toronto Moves Forward on Citywide Upzoning for Sixplexes
Toronto is one step closer to legalizing sixplexes in residential neighbourhoods, after the city’s Planning and Housing Committee voted in favour of expanding multiplex permissions to allow five- and six-unit dwellings across low-rise areas. If adopted by full council later this month, this change would allow detached houses across the city to be redeveloped or…
-
Downtown Calgary Adds 1,100 New Homes Through Office Conversions
Calgary is making big moves to tackle its housing needs while breathing new life into its downtown core. The city just approved 10 new office-to-residential conversion projects, which will bring 1,100 new homes and an estimated 2,000 new residents into the heart of the city. This latest round of development is part of Calgary’s broader…
-
Canadians Now Owe $1.85 for Every $1 They Earn
Feeling like your paycheck disappears the second it hits your account? You’re not alone. According to new data from Statistics Canada, Canadians now owe $1.85 in debt for every $1 of disposable income. That number reflects how fast household debt is rising across the country compared to how slowly incomes are growing. Debt Growth Is…
-
This Is How Much It Costs to Rent Across Canada Right Now
Rents across Canada are still high, but prices have cooled compared to last year’s record-breaking highs. According to the June 2025 Rentals.ca Rent Report (in partnership with Urbanation), the average asking rent in May was $2,129, down 3.3% from May 2024, when rents peaked at $2,202. 📉 National Snapshot, Rents Dip but Stay Elevated Long-Term…
-
The Best Ontario Towns to Raise a Family (Without Spending $1M)
Affordable, family-friendly communities that offer space, safety, and quality of life Let’s face it- raising a family in Ontario can feel impossible if your budget doesn’t stretch into seven figures. But what if we told you there are still safe, family-friendly towns in Ontario where you can buy a house for under $1 million (and…
-
Edmonton Home Prices Are Up $80K in Just Two Years
Over the past two years, Edmonton’s housing market has seen a dramatic increase in home prices—rising by nearly $80,000. While other major Canadian cities continue to struggle with affordability, Edmonton is quickly becoming one of the most talked-about real estate markets in the country. 📈 How Much Have Edmonton Home Prices Gone Up? In May…
Canada Housing Market 