Affordability
CondoBusiness
Politics, red tape and the housing industry crisis
A timeline of legislation that shaped Ontario’s current supply and affordability issues.
REMI Network
Confidence among first-time homebuyers edges up
Homebuyers are placing greater importance on the proximity of their homes to where they work.
Canadian Apartment Magazine
Ontario lifts income threshold for incentives
More Ontario households will qualify for free energy-saving equipment and advice with a newly announced lift to the income threshold for the provincial Energy Affordability Program.
REMI Network
Vancouver approves historic land-use strategy
After almost three years of extensive public engagement, Vancouver City Council approved the first city-wide land-use strategy to make way for a more affordable and sustainable city.
CondoBusiness
Alberta electricity rebate excludes multifamily
Rental apartment and condominium dwellers with sub-metered suites aren't eligible for the rebate, which has now been extended for an extra three months to total $300 for the year.
CondoBusiness
Condo market offers hope amid housing woes
Those seeking more affordable housing options are finding a cure-all in the condo market, which offers affordability, availability, amenities, and neighbourhood liveability.
REMI Network
Fewer buyers desire move-in-ready homes
Affordability was the most important necessity for the majority of home buyers this year, according to CMHC's annual Mortgage Consumer Survey.
CondoBusiness
Approval, delivery delays impact affordability: BILD
A report finds the former provincial government's growth policies led to delays in the GTHA's land development and approval process, reducing affordability
CondoBusiness
Affordability driving condo market share higher: RE/MAX
Affordability is driving the increase in multi-unit home sales, as resale condos and townhomes in the GTA now represent nearly 37 per cent of home sales.
REMI Network
Affordability main concern as real estate sector focuses on supply
Developers, investors, lenders and experts are cautiously optimistic about the real estate sector, according to a recent report from PwC Canada and ULI.
Construction Business
Vancouver approves more modular housing
The City of Vancouver has approved new temporary modular homes at 610 and 620 Cambie Street (formerly 688 Cambie Street).
Canadian Apartment Magazine
Income and housing security top senior concerns
Canada's largest seniors' advocacy organization is prioritizing housing needs for different stages of aging among five key issues it plans to champion this year.
CondoBusiness
Province should address affordability: OHBA, OREA
The OHBA and OREA are calling on the provincial government to provide ideas to ease the growing housing affordability challenges many Ontarians are facing.
CondoBusiness
TREB concerned over proposed changes to Land Transfer Tax
Proposed changes to Toronto’s Land Transfer Tax will increase costs for all home buyers in the city, especially first-time home buyers.
CondoBusiness
B.C.’s economic growth due to housing sector
According to the Conference Board of Canada’s recent Provincial Outlook: Spring 2016, British Columbia’s booming housing sector will be one of the province’s main drivers
CondoBusiness
Housing affordability eroded further in Q2: RBC
Excluding the Toronto and Vancouver markets, Canadian housing affordability remained relatively stable in Q2, according to an RBC Economics Research report.
