Category: Uncategorized
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Here’s the Minimum Salary Needed to Afford a Home in Toronto Right Now
Despite record listings and slowing sales, housing affordability in Toronto continues to worsen, according to a new report by Ratehub.ca. Based on May 2025 average home prices and current mortgage rates, a household would need to earn $206,500 annually to afford a typical home in the city. Toronto Home Prices Still Among the Highest in…
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Asking Rents in Montréal Surge Nearly 71% Since 2019
A new report reveals that Montréal has experienced one of the largest increases in average asking rents among Canadian cities, with a 70.8% rise between Q1 2019 and Q1 2025. The average rent for a two-bedroom apartment in Montréal grew from $1,130 to $1,930 during this period. Secondary Cities See Even Sharper Rent Increases While…
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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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‘Raising the Bar’: Calgary to Build Western Canada’s Two Tallest Towers
A pair of ambitious new hotel-residential towers is poised to dramatically reshape Calgary’s skyline. The $1.2-billion real estate project, featuring the JW Marriott Calgary and W Calgary, will include Calgary’s next two tallest skyscrapers, making them among the tallest buildings in Western Canada. Calgary’s Skyline Reimagined The two mixed-use towers will rise 69 and 62…
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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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Website lets you search bad tenants and landlords in Ontario
What Is Openroom? A Crowdsourced Database Changing Ontario’s Rental Landscape In an era where transparency and accountability in the rental industry are more critical than ever, Openroom has emerged as a powerful tool for landlords and tenants alike. Originally developed in late 2022 by a multidisciplinary team of software engineers, operations experts, and rental industry…
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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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Alberta Tax Savings to Start in July 2025 Under New Income Bracket Shift
Starting next month, around two million Albertans will begin to see the effects of a new personal income tax system that the Alberta government says will help families better manage rising living costs. The new tax structure includes the introduction of an 8% tax bracket on the first $60,000 of income, which will not only…
Canada Housing Market 