News

All small markets analyzed in RE/MAX Canada’s report will see prices climb within the average range of three per cent to 20 per cent in 2022 thanks to low inventory and growing demand.

Peel Region could be the next municipality to implement a Vacant Home Tax in an effort to make more housing available.

Canada’s luxury real estate market reported a robust Q1-2022 thanks to rising consumer optimism and economic revitalization, trends that have supported soaring sales for high-end condos.

In its third policy interest rate announcement for 2022, the Bank of Canada has raised its target for the overnight rate by 50 basis points to one per cent, the largest increase in 22 years.

Last month, upwards of 11,400 homes traded hands across British Columbia, but levels have fallen from record highs set in March 2021.

The City of Toronto and the Ontario government have partnered up to build transit-adjacent developments, known as transit-oriented communities (TOC), along five Ontario Line stations.

The number of multiple-property owners who hold onto homes for investment or rental income possess a significant chunk of the housing supply, according to newly-released information from Statistics Canada.

As Toronto leads ahead of other North American cities with the most active building cranes, the cost to build homes in the city continues to climb.

Hopeful homebuyers may need to wait to feel the effects of the 2022 Budget measures according to new insights from RBC Economics.

A duo of residential towers has been proposed near the Ontario Science Centre and one of the future stations on the Ontario Line, a major provincial transportation project that broke ground last month.

British Columbia has announced the kick off of a new mass timber construction plan that will fund housing projects across the province.

The Canadian government has proposed more than $10.1 billion until 2027 to build new homes and introduce policies that will support the country’s housing market in its latest budget.

The red-hot housing market cycle Metro Vancouver has experienced these past two years is winding down, but that doesn’t mean a significant market correction is on its way.

The City of Mississauga issued billions in building permits last year, the majority of which was dedicated towards new residential construction.

Canada’s local real estate markets appear to be heading in different directions compared to one another.

Another residential tower is now in the works, which could bring hundreds of additional units to the downtown neighbourhood.