Tag: housing
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Canada Needs 3.5 Million Homes – Why Backyard Suites May Be the Fastest Housing Solution
As Canada’s housing affordability crisis continues to strain households, urban planners and policymakers are increasingly turning their attention to one overlooked solution – secondary suites. Basement apartments, garden suites, and laneway homes could add thousands of new housing units across Canadian cities without requiring large-scale new developments or major infrastructure expansion. Housing experts say these…
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Canada’s Rent Prices Have Fallen for 17 Straight Months – What It Means for the Housing Market in 2026
Canada’s rental market is showing a major shift in 2026. According to the latest Rentals.ca March 2026 Rent Report, average asking rents in Canada fell to $2,030 in February 2026, down 2.8% year-over-year and marking the 17th consecutive month of annual rent declines. That also brings national asking rents to a 33-month low, highlighting a cooling trend that stands in contrast…
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Canada’s $50,000 GST Rebate for First-Time Home Buyers Is Now Law
Canada’s new $50,000 GST rebate for first-time home buyers is officially law after Bill C-4 received Royal Assent on March 12, 2026. The legislation eliminates the 5% federal GST on qualifying newly built homes, offering significant tax relief for eligible buyers purchasing new construction properties. For some buyers, the change could mean tens of thousands of dollars in savings…
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These Canadian Cities Have the Most Expensive Rent in 2026
Despite falling rents across much of the country, several Canadian cities remain extremely expensive for renters. According to the Rentals.ca March 2026 Rent Report, the average asking rent in Canada fell to $2,030, marking a 33-month low and the 17th consecutive month of annual rent declines nationwide. However, some cities still command some of the highest rents in the country, particularly…
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Cheapest Cities to Live in British Columbia in 2026
British Columbia is one of Canada’s most desirable places to live, from ocean views to mountain towns, but it’s also one of the most expensive. In late 2025, the average home price in BC was approximately $965,914, significantly above the national average and among the highest in Canada. However, not all parts of the province…
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Atlantic Canada Is the Only Region Where Rents Are Still Rising in 2026
While rent prices are falling across much of Canada, Atlantic Canada is moving in the opposite direction. According to the Rentals.ca March 2026 Rent Report, average asking rents across the country declined to $2,030 in February, marking a 2.8% year-over-year drop and the 17th consecutive month of annual rent declines nationwide. However, Atlantic Canada recorded an 8.0% increase in rents year-over-year, making…
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Canadian Rents Just Hit a 33-Month Low – Here’s Where Prices Are Falling the Fastest
According to the Rentals.ca March 2026 Rent Report, the average asking rent in Canada fell to $2,030 in February, marking a 33-month low and the 17th consecutive month of year-over-year rent declines across the country. While rents remain historically elevated compared to pre-pandemic levels, the recent data suggests that rental prices are now softening in many of Canada’s most expensive markets.…
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Canada’s $50,000 GST Rebate for First-Time Buyers Just Cleared the Senate
February 28, 2026 Canada is one step closer to launching a major housing affordability measure that could significantly reduce the cost of buying a newly built home. On February 26, 2026, Bill C-4 – formally titled the Making Life More Affordable for Canadians Act – passed third reading in the Senate. The bill now returns…
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Cheapest Places to Buy Real Estate in Calgary in 2026
Last updated February 2026 Calgary continues to be one of Canada’s most affordable major housing markets, with balanced prices compared to Vancouver and Toronto, making it attractive for first-time buyers and investors alike. Recent market data shows that while average home prices in Calgary remain steady, some neighbourhoods and property types offer especially affordable entry…
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What You Can Buy In Toronto At Different Budgets Right Now
Whether you are a first-time buyer or moving up the property ladder, here is a breakdown of what different budgets currently buy across the city as of February 15, 2026. This guide covers condos, townhomes, and detached homes so you can see how far your budget goes in today’s market. Click on the links to…
Canada Housing Market 