Tag: housing
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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.…
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Rent Prices In British Columbia Continue To Drop As Vancouver Hits A 43-Month Low
British Columbia’s rental market is finally seeing some relief. New data from Zumper shows that rent prices in several B.C. cities continue to cool, with Vancouver hitting its lowest level in more than three and a half years. The shift marks a notable change for one of Canada’s most expensive rental markets, although Vancouver still remains the priciest…
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Calgary Set To Lead Canada’s Real Estate Market In 2026, PwC/ULI Report Says
A new PwC Canada and Urban Land Institute report names Calgary the top market to watch in 2026, as capital shifts from condos to purpose-built rentals and modular housing gains momentum. Here’s what buyers, investors, and developers should know.A new PwC Canada and Urban Land Institute report names Calgary the top market to watch in…
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7 Cheapest Places To Buy A Home In Ontario Right Now (2025 data)
Ontario’s housing market is still very uneven in 2025. While the GTA and cottage/city suburbs remain expensive, many smaller cities and northern communities offer significantly lower prices. Note that different sites report average sold price, median sale price, or current listing average, that’s why figures can look different from one source to another. Below are seven places that…
Canada Housing Market 