Tag: housing
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Rent Prices in Canada Just Hit a 3-Year Low – Here’s What’s Happening
Canada’s rental market is showing a major shift, with new data revealing that asking rents have dropped to their lowest level in nearly three years. According to a new report from Rentals.ca and Urbanation, the average asking rent in Canada fell to $2,008 in March, marking a 35-month low. Rent Prices Continue to Decline Nationwide…
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Vancouver Home Prices Rise Slightly as Inventory Hits 13-Year High
Canada’s housing market is showing mixed signals once again, this time in one of the country’s most expensive regions. New data from Greater Vancouver Realtors shows that home prices increased slightly in March, marking the first monthly gain in a year. However, the broader picture suggests the market remains under pressure, with weak demand and…
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Canadians Are Now Spending Over 60% of Their Income on Housing in Some Cities
Housing affordability in Canada is reaching new extremes, and in some cities, it’s no longer just a stretch, it’s becoming unsustainable. New data suggests that in major urban centres, many households are now spending more than 60% of their income on housing costs, far above what experts consider affordable. What “Affordable Housing” Is Supposed to…
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38% of Canadian Landlords Say They’re Losing Money – New Report Reveals Growing Pressure
A new report is challenging one of the biggest assumptions about Canada’s housing market. Despite record-high rents in many cities, a growing number of landlords say they’re not making money – and some are losing it. What the Data Shows According to a 2026 rental market report from liv.rent: This suggests that the majority of…
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Ontario’s New Housing Bill 98 Is Facing Backlash – Critics Say It Could Slow Development
Ontario’s latest housing legislation is already drawing criticism – with some experts warning it could actually make the housing crisis worse. Bill 98, also known as the Building Homes and Improving Transportation Infrastructure Act, 2026, is being positioned as a way to speed up housing construction. But critics say it may do the opposite. Thinking about…
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Ontario Announced an $8.8B Housing Deal – New Homes Could Be Up to $200K Cheaper
Ontario just made one of its biggest housing moves in years – and it could directly impact home prices across the province. A new $8.8 billion partnership between the federal and Ontario governments aims to cut construction costs, reduce taxes, and accelerate housing supply, announced on March 30, 2026. Thinking about buying?👉 Find out what you qualify…
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Ontario Housing Forecast Cut Again as New Construction Slows
Ontario’s housing market is facing another setback. New projections released alongside the province’s latest budget show that homebuilding expectations have been revised downward once again, raising further doubts about whether Ontario can meet its ambitious housing targets. Housing Targets Continue to Slip Back in 2022, the provincial government pledged to build 1.5 million homes by…
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What $700K or Less Gets You in Ontario Right Now
Ontario’s housing market may still feel expensive, but there are still pockets where buyers can find value under the $700K mark. From waterfront condos to large terrace units, here’s what you can realistically get across the province right now. Mississauga – $700k A rare opportunity in one of Mississauga’s most desirable waterfront communities. This unit…
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Ontario Removes HST on New Homes for One Year in Major Housing Affordability Push
The Ontario government is introducing a major, time-limited tax break aimed at cooling affordability pressures and stimulating new home construction across the province. Premier Doug Ford announced that the province will temporarily eliminate the 13% Harmonized Sales Tax (HST) on new homes for eligible buyers over a one-year period, starting April 1, 2026. The move…
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Canada Is Building More Homes, But Why Does It Still Feel Impossible to Buy?
Canada’s housing supply is growing, and on the surface, that should be good news for buyers. More homes typically mean more options, more competition among sellers, and eventually more affordable prices. But the reality is more complicated. While new construction is increasing, much of the supply being added to the market is not what most…
Canada Housing Market 