Catastrophic flooding is also having consequences on local real estate markets according to a new study published this week.

Following a record-setting year, British Columbia saw housing starts fall to 39,400 units at a seasonally-adjusted annual rate (SAAR) in January, representing a month-over-month decrease of 29.2 per cent.

The price difference between the two property types has grown to its second-widest point in more than ten years, a trend that could lead to significant condo price growth this year.

Two big-name developers have been selected to develop Quayside, as announced by Waterfront Toronto today.

A recent report by the Canadian Institute of Actuaries warns that low contributions to condominium reserve funds could result in significant annual increases and require lump-sum payments from owners to cover shortfalls.

The average price of a Canadian home continued to rise annually as supply dwindled and transactions remained historically high in January, according to the Canadian Real Estate Association (CREA).

Wrapping up the first month of 2022, new housing starts across Canada trended lower according to the latest information from the Canada Mortgage and Housing Corporation (CMHC).

A proposed tax on vacant foreign-owned properties came under fire Monday during a House of Commons finance committee meeting.

By the middle of this year, the rapid price growth we’ve been experiencing in Quebec and Ontario could cool off, according to recent research by Desjardins.

According to the British Columbia Real Estate Association, insatiable demand and record-setting sales have pushed British Columbia home prices up nearly 25 per cent from this point last year.

Tiny towns that were once commonly used for weekend vacations and getaways to the cottage are seeing more full-time, permanent residents according to new statistical data.

The cost of building a home in Canada continued to rise in the last quarter of 2021 according to new data released by Statistics Canada.

Optimism about Canada’s housing market remains high, and recent surveys indicate that both Gen Z and new immigrants are hungry for homeownership in Livabl’s weekly roundup of Canadian housing news and trends.

In a wintery, post-holiday season, you might expect things to take a break before ramping up for the spring. But early 2022, it feels like a different story.

Benefitting from a mix of immigration and interprovincial migration, Kelowna is Canada’s fastest growing Census Metropolitan Area (CMA), with Chilliwack ranking second.

Several new home developers and marketing agencies from the Greater Toronto Area scooped up 2022 awards in the gold and silver categories.