What’s behind Canada’s housing crisis? Experts break down the …
Oct 3, 2024 · Canada’s housing market is among the most unaffordable, with one of the highest house-price-to-income ratios among OECD member states. Housing prices soared over 355 per cent between 2000 and...
The dirty secret of the housing crisis? Homeowners like high …
Apr 15, 2024 · The Bank of Canada found that investors were responsible for 30 per cent of home purchases in the first three months of 2023. That's up from 28 per cent in the same period in 2022 and 22 per...
Is Inflation Impacting The Canadian Housing Market?
Jan 23, 2025 · With rising housing prices in Canada, is the real estate market pushing up overall inflation? Read our latest article to learn more.
A snapshot of how inflation is affecting Canadians
Feb 27, 2023 · In April 2022, nearly 3 in 4 Canadians reported that rising prices were affecting their ability to meet day-to-day expenses, while 3 in 10 Canadians were very concerned about whether they could afford housing or rent.
Canadians finding homes too expensive in cities where they seek …
Jan 30, 2025 · Canada Mortgage and Housing Corporation (CMHC) says high housing costs are restricting population mobility in the country, as Canadians are finding that it's too pricey to buy or rent in cities ...
Think house prices are too high? The rental market is even worse …
Nov 16, 2022 · According to data from rental accommodation website Rentals.ca and analyzed by data firm Urbanation, the average rent in October across Canada was $1,976, across all types of properties, from...
Canada’s housing market recovery hits a bump but expected stay …
Jan 15, 2025 · Interest rate cuts in Canada set the housing market on a recovery path in 2024, but there have been bumps along the way as demonstrated by activity in December. Home resales fell 5.8% last month from November, following solid advances totalling 16% …
Spring housing market looms over the Bank of Canada’s rate …
Apr 9, 2024 · A hot housing market could therefore “stoke shelter price inflation,” the Bank of Canada warned in March. “If the housing sector rebounds in the spring, shelter price inflation could be ...
Rates, regulations and renewed demand: Driving revival of Canada…
Jan 14, 2025 · [1] Aggregate prices are calculated using a weighted average of the median values of all housing types collected. Data is provided by RPS Real Property Solutions and includes both resale and new build. [2] What you need to know about capital gains tax in 2024, June 25, 2024 [3] Federal government announces landmark adjustments to mortgage rules for first-time buyers in Canada, September 17, 2024
Canada’s race to solve housing crisis heads for trouble as new …
5 days ago · British Columbia already has the highest annual wildfire damages in the country, and the report projects that the province’s wildfire losses will increase by more than 265 per cent, to more than ...