News

Property scarcity, higher interest rates and the ongoing migration to more affordable communities are keeping the housing market, and moving companies, busy.

Real estate experts are now taking stock of where the Toronto market could be heading in the next five years, and the outlook appears generally positive.

Home buyers looking in the Fraser Valley had a little more selection to choose from in March as the supply of properties hitting the market increased for the third month in a row.

The housing market remains tight in the Greater Toronto Area, but signs are pointing to some rebalancing compared to 2021’s record levels.

The number of homes bought and sold during March in Metro Vancouver is down from last year, but the spring market is still seeing steady demand from buyers.

The cost of a rental property in Metro Vancouver continues to rise as the market shifts into springtime.

Higher home prices, rising interest rates and economic uncertainties are prompting more homebuyers to hold off on jumping into the market now than during the most uncertain times of the COVID-19 pandemic.

The Calgary real estate market is ringing in spring with a record number of homes bought and sold.

In its April 2022 Toronto Rent Report, liv.rent stated that average rents in the Greater Toronto Area have “mostly stabilized.”

Anyone hoping to purchase in cottage country this year can expect to face growing prices as buyer demand continues to outstrip available home supply.

This week, Vancouver said that the City Manager’s Permitting Task Force has cleared an intake backlog of more than 500 development applications for new ​​single-family properties, duplexes, and laneway homes.

The tallest Frank Gehry building in the world is finally coming to Toronto and it will be called Forma.

Housing affordability in Canada has reached “worrisome levels,” as soaring prices and tighter market conditions continue to persist across the country.

The bill, if approved, would speed up development timelines while cracking down on housing speculation and unethical development practices.

In a move to tackle the ongoing housing crisis, the Ontario government says it has hiked taxes on foreign real estate speculation.

As homeownership becomes harder to achieve in Ontario as a result of rising prices and intense market demand, the conversation around creating more homes as a solution has become more prevalent.