Mixed-use developments can make a neighbourhood too pricey for many to live in, according to a University of Waterloo study of Toronto neighbourhoods.

Minister Bill Morneau, Minister Charles Sousa and Mayor John Tory convened on April 18 to discuss their shared concern over housing affordability in the GTA.

In an effort to make housing more affordable, Ontario is introducing a Fair Housing Plan to bring stability to the province’s real estate market.

The 2017 federal budget released last week allocates funds to shedding light on blind spots in national housing data.

The latest Housing Trends and Affordability Report from RBC Economics found that the Canadian home ownership dream became slightly less affordable in the fourth quarter of 2014. Between November and December of last year, resale activity fell 5.6 per cent, the sharpest month-over-month decline recorded in four and a half years.

This year’s Demographia International Housing Affordability Survey found that Vancouver is the world’s second most unaffordable housing market behind Hong Kong. In fact, of the five least affordable residential housing markets in Canada, four were found in British Columbia. Victoria, Kelowna and the Fraser Valley made the cut along with Toronto, Ont.

According to a recent Housing Trends and Affordability report from RBC Economics, housing affordability in Canada increased in the third quarter of 2014, despite an upward trend in house prices. Factors affecting affordability included declines in fixed mortgage rates, rising incomes and reduced utility costs, say economists.