Tag: housing market
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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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70% of GTA Homes Sold Below Asking Price in June, Report Shows

The summer real estate season kicked off on a cooler note in the Greater Toronto Area (GTA), with the majority of homes selling for less than the listed price, according to new data from Canadian real estate platform Wahi. In June 2025, 71% of all GTA home sales were below asking price. And in a…
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40% of Canadian Renters Are Cutting Back on Food to Afford Rent

A growing affordability crisis is forcing nearly half of Canadian renters to make heartbreaking trade-offs just to stay housed. According to the Royal LePage 2025 Canadian Renters Report, 39% of Ontario renters are now reducing their spending on food and groceries to make ends meet. The poll, conducted by Burson earlier this month, surveyed 1,854…
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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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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…




