Tag: affordable housing
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Top 5 GTA Suburbs Where Renters Are Becoming Buyers
As Toronto renters look for affordability, more are buying homes in GTA suburbs like Oshawa, Milton, and Ajax. Here are the top 5 suburbs where renters are turning into homeowners.
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Calgary Risks Losing $129 Million In Housing Funding After Rezoning Repeal
Calgary may lose up to $129 million in federal housing funding after city council voted to repeal citywide rezoning, according to a new internal email from the Canada Mortgage and Housing Corporation (CMHC). The federal government has reportedly paused further payments until it receives clarity on the city’s long-term zoning direction. The potential funding freeze…
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Rentals.ca November Rent Report Shows Canada Rents Falling For 13th Month
Canada’s rental market continued its cooling trend this fall, with October marking the 13th straight month of year-over-year rent declines, according to new data from Rentals.ca and Urbanation. While rents are still elevated compared to pre-pandemic levels, the pace of decline is slowing, suggesting the market may be nearing a floor. National Rent Trends Show Slower Declines…
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Average Toronto Renter Earns More Than $94K – But Still Can’t Afford To Buy
Toronto’s rental market may finally be cooling, but affordability remains out of reach for many residents, even those earning close to six figures. A new national report from SingleKey shows that the average Toronto renter now earns $94,370, making them the highest-earning tenants in Canada. Still, the path to homeownership in the city is slipping further out…
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7 Cheapest Cities To Buy A Home In British Columbia (2025)
The housing market in British Columbia remains among Canada’s most expensive overall — the provincial average home price is roughly $948,296 as of September 2025. That said, there are still smaller cities and more remote areas in BC where home-ownership is far more achievable. In this article we explore seven of the most affordable cities in BC to buy…
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Rent Prices In British Columbia Continue To Drop As Vancouver Hits A 43-Month Low
British Columbia’s rental market is finally seeing some relief. New data from Zumper shows that rent prices in several B.C. cities continue to cool, with Vancouver hitting its lowest level in more than three and a half years. The shift marks a notable change for one of Canada’s most expensive rental markets, although Vancouver still remains the priciest…
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Toronto Mayor Olivia Chow Opposes Ontario’s Bill 60, Says It Weakens Tenant Protections
Toronto Mayor Olivia Chow is pushing back against Ontario’s proposed Bill 60, warning that the legislation could strip away key protections for renters and make evictions easier across the province. Chow announced her opposition after reviewing the latest version of the bill introduced by Premier Doug Ford’s government. While the province says the goal is…
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Canada’s Happiest Big City is in Ontario – What It Costs To Live There
While housing affordability continues to challenge Canadians from coast to coast, one Ontario city is proving that happiness and homeownership can still go hand in hand. According to Leger’s Happy Cities 2025 report, analyzed by Zoocasa, Mississauga ranks as Canada’s happiest large city, and the only major Ontario city with a happiness score above the national average. The study examined…
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Ontario Backs Off Plan To End Indefinite Leases – What It Means For Tenants in 2025
The Ford government says it will not proceed with consultations to change Ontario’s month-to-month “security of tenure.” Here’s what changed, why it matters for rent control, and what’s still in Bill 60.
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Half of Young Canadians Now Spend Over 50% of Their Income on Rent
A new survey shows that almost half of young Canadians are putting the majority of their income toward rent, highlighting the affordability crisis facing renters across the country. Rent Costs Exceeding Income Benchmarks For decades, financial advisers have recommended keeping housing costs around one-third of household income. But according to a 2025 survey by Rentals.ca,…
Canada Housing Market 