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Ontario housing starts at lowest level since 2009, financial watchdog says
Housing Starts / New DevelopmentsWednesday, June 11, 2025

Ontario’s financial accountability officer says in a report today that the province’s housing starts for the first quarter of this year were at the lowest levels since 2009.

GST cut for new homebuyers could mean price hikes, bank warns
Home Buyers / Home SearchTuesday, June 10, 2025

The federal government’s plan to eliminate the GST on first-time homebuyers’ purchases of most new homes may actually lead to higher prices, a new report says.

Bank of Canada holds policy rate at 2.75%
Bank of Canada GovernorWednesday, June 4, 2025

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

GTA Homebuyers Benefited From More Listings in May
TREB NewsWednesday, June 4, 2025

The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in May 2025 relative to the same period a year earlier. With sales down and listings up, homebuyers took advantage of increased inventory and negotiating power.

Toronto home prices rebound in May
Toronto PanoramaWednesday, June 4, 2025

Toronto home prices ticked up after five straight months of declines as Canada-US trade tensions eased and valuations at their lowest point in four years began to tempt buyers.

Fixed mortgage rates rise as lenders retreat from aggressive pricing
Mortgage Application FormWednesday, June 4, 2025

A growing number of lenders have continued raising pricing in recent weeks, particularly for uninsured terms.

Canada's residential rental sector defies economic headwinds: report
market reports on businessMonday, June 2, 2025

Morguard’s latest Q1 2025 Canadian Economic Outlook and Market Fundamentals report has highlighted ongoing strength in Canada’s multi-suite residential rental sector, which continues to draw investor interest and post elevated rent growth, particularly for larger units.

Buyers navigate market uncertainty as GTA home sales plunge
Toronto PanoramaThursday, May 29, 2025

As rates steady and prices dip, expert warns that delay may backfire for first-time buyers

GST relief for first-time home buyers on new homes valued up to $1.5 million
New Home PlansWednesday, May 28, 2025

To lower the upfront cost of buying a new home for young Canadians and spur the construction of new homes across the country, the government is eliminating the Goods and Services Tax (GST) for first-time home buyers on new homes up to $1 million and reducing the GST for first-time home buyers on new homes between $1 million and $1.5 million.

Ontario delinquencies reach alarming highs amid mortgage renewal surge
Stressed CoupleWednesday, May 28, 2025

Ontario’s mortgage delinquency rate soared to record highs in the first quarter of 2025, marking the most severe year-over-year spike in the country and raising red flags about mounting consumer financial stress.

Retiring mortgage free? Not the reality for many Canadians
Senior Couple Calculating  Taxes / DebtTuesday, May 27, 2025

Millions of Canadians are facing retirement with a tough housing choice: downsize or continue to make monthly mortgage payments.

Canadian government has to allow home prices to fall to make housing more affordable, experts say
House Keys / Home SoldFriday, May 23, 2025

Housing experts are pushing back against a federal cabinet minister’s recent claim that home prices don’t need to go down in order to restore housing affordability.

Declines in Canadian Home Sales Take a Pause in April Despite Ongoing Tariff Pressures
CREA NewsMonday, May 19, 2025

The number of sales recorded over Canadian MLS® Systems was unchanged (-0.1%) between March and April 2025, marking a pause in the trend of declining activity since the beginning of the year.

Canada just announced a tax cut and you could see more on your paycheque starting this summer
Canadian Cash MoneyFriday, May 16, 2025

Canadians are about to see a little more money in their pockets, thanks to a new federal tax cut aimed at the middle class.

Toronto condo market crisis deepens as investors and landlords feel the burn
Condo MarketTuesday, May 13, 2025

Sales are plummeting and listings skyrocketing - and there's no end in sight to the nightmare facing investor owners

Rents dropping in Toronto, giving tenants more negotiating power
Toronto PanoramaMonday, May 12, 2025

If you're looking for a rental in Toronto or even an upgrade to a bigger space - now's not a bad time to shop around.

BoC cut now looks more likely as tariffs hit Canadian jobs
Bank Of Canada ReportFriday, May 9, 2025

Unemployment jumped in April, strengthening the case for a June rate reduction

Average asking rents down annually for seventh straight month at $2,127: report
Property For LeaseThursday, May 8, 2025

The national average asking rent in April was down year-over-year for the seventh straight month at $2,127, marking a decrease of 2.8%.

Is the Canadian office market nightmare nearing an end?
Commercial Building High RiseWednesday, May 7, 2025

Empty office space is filling up - but challenges remain for plenty of office types

High down payments No. 1 barrier for new home buyers: CPA
Home Buyers / Home SearchTuesday, May 6, 2025

Housing affordability continues to cause distress for potential Canadian homeowners, according to a new CPA Canada-BDO Debt Solutions survey, but the building industry is having challenges of its own adapting to this reality.



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