Tag: affordable housing
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How Policy Reform Could Help Solve Canada’s Housing Crisis – Concordia University Study
Canada’s housing affordability crisis continues to intensify, but new research from Concordia University suggests that targeted policy reform could have a measurable impact on supply, and help ease rising prices in major cities like Toronto, Vancouver, Montreal, and Calgary. According to the Canada Mortgage and Housing Corporation (CMHC), Canada needs 3.5 million additional housing units…
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The Ontario Cities Where Rent Is Rising the Fastest in 2025
While Ontario’s overall rental market shows signs of stabilization, some cities are still seeing significant year-over-year rent increases in 2025. These hotspots are largely driven by three key factors: growing student populations, increased immigration, and strong tourism economies. If you’re a renter, landlord, or real estate investor, understanding where rents are rising fastest can help…
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Toronto’s New Rental Renovation Licence Bylaw Takes Effect July 31, 2025: What Landlords & Tenants Need to Know
Say goodbye to shady “renovictions.” Toronto is taking action to protect tenants and preserve affordable rentals. On November 14, 2024, Toronto City Council officially adopted the Rental Renovation Licence Bylaw, a new measure aimed at stopping bad faith evictions and keeping rental housing fair and accessible. The bylaw takes effect on July 31, 2025, and…
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Nova Scotia Needs to Double Housing Construction for the Next Decade, Says CMHC
A new report from the Canada Mortgage and Housing Corporation (CMHC) says Nova Scotia must more than double its annual housing starts over the next 10 years to restore affordability in the province. The target? Jump from about 5,400 homes per year to over 12,500 annually between 2025 and 2035. That’s a big ask, and…
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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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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…
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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…
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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…
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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…
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How Much You Need to Earn to Afford Rent in Toronto vs. GTA Suburbs Right Now
If you’re planning to move to Toronto or the surrounding suburbs, understanding rental costs is crucial. The November 2024 rent report by liv.rent shows interesting trends, including a drop in Downtown Toronto rent prices for the fifth consecutive month. Surprisingly, Markham has overtaken Toronto as the most expensive spot for rent in the GTA. Highlights…
Canada Housing Market 