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Young Quebecers most intent on buying housing: QPAREB

18 hours ago

Young Quebecers most intent on buying housing: QPAREB

A survey has found Quebecers aged 18 to 34 have the most desire to buy housing in the next five years among all adults, but financial and economic barriers remain major obstacles to dreams of ownership.

U.S. tariffs would hurt more than they did in 2018: builders

Canadian homebuilders are fearing a return to pandemic-era construction cost increases as the U.S. gets ready to slap steep tariffs on the country’s imports, with levies on steel and aluminum set to inflict serious damage on the industry.

Developers pivot to rental amid Toronto condo market woes

It wasn’t so long ago that buyers couldn’t go wrong with a preconstruction condo purchase. But as presales hit multi-decade lows, a silver lining has emerged: developers are pivoting to rental — at least for now.

Quebec housing slowed by aging infrastructure

A housing crisis is hitting Quebec and to solve it, nearly 1.2 million homes would need to be built. But how can this challenge be met when construction moratoriums have been imposed in many cities because their water infrastructure is obsolete?

Edmonton bucks trend of Canada becoming a renter nation

Edmonton’s resale market is not so pricey that ownership is out of reach for aspiring buyers. That’s in stark contrast to the findings of a new report suggesting current generations of would-be homebuyers could be priced out of the market.

The City of Vancouver gets into the rental game

Vancouver is breaking new ground by saying it is going to become its own developer and building owner for thousands of apartments rented out at market rates to households making no more than $194,000.

Hamilton needs to cut red tape and build more homes

OPINION: Housing in Hamilton has become unaffordable for too many families. The reason is simple: it's not building enough homes because of a system that makes it too slow, too complicated and too expensive to get housing approved.

Fraction of Toronto condo offered for $20K

At first glance it might seem too good to be true, a cosy starter condo near Toronto’s Liberty Village for less than $20,000. But there’s a big catch: you’re only buying a tiny part of this tiny home.

When is the best time to sell a home in the GTA?

New analysis from a digital real estate platform Wahi reveals the top months for selling a home across the Greater Toronto Area (GTA). The study indicates when home-selling activity peaked last year in each of the GTA’s 340 neighbourhoods.

Are Toronto homeowners technically millionaires?

The average home in Toronto sold for $1.04 million in January, according to Toronto Regional Real Estate Board data. That means Torontonians who own their homes outright are sitting on an asset worth over $1 million.

Montreal modular housing pilot could ease homelessness

As homelessness in Montreal reaches record highs, the city’s first-of-its-kind modular housing pilot project comes at a time when increasingly more people are running out of places to go.

The business of real estate in smaller communities

While talk of Canada’s real estate markets is often dominated by what’s happening in Toronto and Vancouver, many Realtors thrive in small and mid-sized communities. Different dynamics are at play in these markets, requiring unique strategies for success.

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