Tag: housing
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Calgary Housing Market Report December 2025
The Calgary housing market continued to shift toward balanced conditions in November 2025, with rising inventory, softening sales, and moderating price growth across most property types. According to new data from WOWA, Calgary remains more stable than other major Canadian markets, even as affordability challenges and economic uncertainty shape buyer demand. Inventory Climbs 28 Percent…
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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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Ontario Condos Are One-Third Smaller Than They Used To Be – But Cost Way More
Ontario condos have gone through a major transformation over the past four decades, and not in a way most buyers would expect. New data shows that condo units across the province have shrunk roughly one-third in size since the 1970s, even as prices have climbed to record levels. The trend, often called “shrink-flation,” has become a defining feature of…
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Toronto Mortgage Payments Now Eat Up More Than 110% Of Family Income
A new report from the Fraser Institute paints a stark picture of homeownership in Ontario. To buy a typical home in Toronto, a family earning the median after-tax income would need to spend 110.2% of that income on monthly mortgage payments, even after making a 20% down payment. In simple terms, the average family in…
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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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Here’s What $1M Homes Look Like Across Canada – November 2025
Curious what 1 million dollars buys in Canada right now? From Toronto condos to Nova Scotia waterfront homes, here’s a cross country snapshot of what 1M homes look like in November 2025.
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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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This $399K Detached Home in Hamilton Is Perfect For First-Time Buyers – And It’s 10 Minutes From the Waterfront
A freehold detached home in Hamilton’s up-and-coming Keith neighbourhood just hit the market for $399,888, and it’s one of the most affordable detached options in the city right now. With three bedrooms, nearly 1,300 sq. ft. of living space, and two-car parking, this home delivers serious value for buyers struggling to enter the Ontario housing market. 📍 56…
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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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Calgary’s Living Wage Jumps To $26.50 Per Hour, Report Shows
Calgary may still be considered one of Canada’s more “affordable” major cities, but new data shows the cost of living is rising quickly. According to a recent update from the City of Calgary Living Wage Network (via UrbaCalgary), residents now need to earn at least $26.50 per hour to maintain a basic, reasonable standard of living in the city.…
Canada Housing Market 