Tag: real estate
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What $1M Gets You in Canada Right Now (Toronto vs Calgary vs Atlantic Canada)
A $1 million budget used to mean a luxury home in most of Canada. Now, it depends entirely on where you’re buying. From 2 bed condos in Toronto to waterfront properties in Atlantic Canada, the gap is still massive. Here’s what $1M actually gets you across different markets right now. Toronto What $1M Gets You: Link to…
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A $110K Salary May No Longer Be Enough To Buy A Home In Toronto
A six-figure salary used to feel like a major financial milestone. But in some of Canada’s biggest housing markets, even earning around $110,000 a year may no longer be enough to comfortably buy a home. That is especially true in places like Toronto and Vancouver, where home prices remain high, mortgage qualification rules are strict,…
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Canada’s Aging Population Could Create a Major Housing Shift by 2030
Canada’s housing market may be heading for a major demographic shift. As the country’s population ages, more homes could eventually move through the market because of downsizing, inheritance, estate sales, or seniors transitioning into different types of housing. But the shift may not happen quickly. According to CMHC, many older Canadians are staying in their…
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Demand Isn’t the Problem – Here’s What’s Blocking Canada’s Housing Market
Canada’s housing market continues to face affordability challenges, but new data suggests the issue may not be a lack of demand. Instead, a growing imbalance between buyers and available housing is emerging, with many Canadians still planning to enter the market despite ongoing constraints. Buyer Demand Remains Strong Recent data shows that 23% of young…
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Ottawa Area Dominates List of Most Affordable Housing Markets
A new report suggests that some of Ontario’s most affordable housing markets are not in the province’s largest cities, but instead clustered around the Ottawa region. According to recent data, seven of the top 10 most affordable housing markets in Ontario are located in Ottawa and the surrounding Ottawa Valley, highlighting a growing regional divide…
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Toronto Rents Just Hit Their Lowest Level in Nearly 4 Years
Toronto’s rental market is continuing to cool, with new data showing prices have dropped to their lowest level in years. According to a new report from Rentals.ca and Urbanation, average asking rents in Toronto have fallen to their lowest level since May 2022, marking a 46-month low. Rents Continue to Decline Across Toronto The latest…
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Ontario Mortgage Violations Are Up 50% – Here’s What That Means for Buyers
Ontario’s mortgage industry is facing increased scrutiny, with new data showing a sharp rise in violations and enforcement actions. A new report from Financial Services Regulatory Authority of Ontario reveals that mortgage-related violations are up 50% year-over-year, as regulators crack down on questionable practices across the industry. Mortgage Industry Under the Microscope According to the…
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B.C.’s Housing Market Among Weakest in Canada as Sales and Demand Decline
British Columbia’s housing market is showing significant signs of weakness in 2026, with new data pointing to declining sales, falling demand, and ongoing affordability challenges. A recent outlook from TD Economics has identified B.C. as one of the weakest housing markets in the country, alongside Ontario. Sales Activity Remains Well Below Normal Market activity has…
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More Than Half of Canadians Say They’re Not Living in Their Ideal Home, New Report Finds
A new report suggests a growing gap between what Canadians want in a home and what they can actually afford. According to a recent study from Century 21 Canada, more than half of Canadians say they are not living in their ideal home, with affordability emerging as the biggest barrier preventing people from upgrading or…
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Rents Are Falling Across Canada – Except in These Provinces
Canada’s rental market is cooling overall, but new data shows the trend isn’t the same everywhere. While rents are declining across most of the country, a handful of provinces are still seeing prices rise, highlighting a growing regional divide in Canada’s housing market. According to the latest report from Rentals.ca and Urbanation, average asking rents…
Canada Housing Market 