Anyone hoping for a more affordable housing market in Vancouver will be disappointed if a Scotiabank Economics report proves correct.

While the average rent for a Toronto one-bedroom apartment sat at $2,200 last month, the city saw a 14 per cent year-over-year price appreciation, a slower rate than five other Canadian cities.

As per Oxford Economics’ OECD House price valuations measure, only New Zealand — which was identified as a possible risk hotspot for its untamed price growth despite an already-high valuation — had more highly valued homes in the second quarter of this year.

For the past three months, housing activity has begun to pick up in the GTA market, while sales in the Vancouver market continue to struggle. According to Scotiabank senior economist Marc Desormeaux, there are several reasons behind the market’s diverging performances.

At least one group supports the current method of determining how much rents can increase year-over-year.

A rare opportunity is coming to Norquay Village, a fast growing family neighbourhood in East Vancouver.

Home sales were up year-over-year for every GTA property type in the first two weeks of the month, according to a new report from Zoocasa.

As housing activity starts to pick up speed, should Canadians brace for housing affordability to deteriorate? According to one economist, the answer might be yes.

The Canadian housing market continued to warm up in August, as national home sales climbed 0.9 per cent month-over-month.