Housing in Canada: Home sales in February up nearly 20% compared with year ago
The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago.
The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago.
Title fraud refers to when the ownership or title of a property is fraudulently changed or documents are forged to allow a fraudster to illegally sell or refinance the property. The issue gained prominence last year amid two Toronto police investigations in which homes were allegedly listed for sale without the owners' knowledge, including one where the home was sold.
Canada Mortgage and Housing Corp. says the annual pace of housing starts in February climbed 14 per cent compared with January.
Low housing inventory, record home prices and sky-high rent are all contributing to a housing crisis playing out across the country, forcing cities to get creative.
Renters face daunting barriers in their attempts to build wealth as they're forced to devote an increasing share of their income to keeping a roof over their head, said an RBC report out Thursday.
A new report says the average asking price for a rental unit in Canada was $2,193 per month in February, marking a 10.5 per cent jump year-over-year and the fastest annual growth since September 2023.
Here's a look at Canadian towns, cities and even entire provinces that have offered incentives to entice future residents, ranging from grants to land listed for only $1.
Some U.S. cities and towns are offering relocation packages to attract new residents, with everything from cash incentives to outdoor activity passes to free eggs.
Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said.
RBC says the recently announced cap on new study permits won't lead to an outright decrease in demand for rental housing from international students this year.
A new report by Zoocasa looks at whether renting or owning a home is cheaper in 26 markets across Canada. But one expert says it's not as cut and dry as that.
Rental vacancy rates are the lowest in the country leaving renters in some Canadians cities priced out. Here are the least affordable places to rent.
Canada's new limit on visas for international students will cool the high demand for rental units and slow the rate of rent hikes, but it won't necessarily be a big factor in solving the country's housing affordability crisis, observers say.
Many Canadians may be looking for ways to navigate rising rental costs, as well as what action to take when they suspect a landlord might be demanding more than they're permitted to.
A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of the federal government's decision to eliminate GST charges on rental developments.
The competitive rental market across the country is seeing multiple factors combine: high interest rates deter buyers and add to rental demand, still-high inflation is squeezing renter budgets, there's an undersupply of purpose-built rental units and population growth is fuelling demand.
Fake listings have emerged as a major problem for Airbnb, threatening to scare off consumers and prompting the short-term rental service to use AI in an effort to crack down on fraudsters.