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Ontario town offers funds for missing middle housing development

1 week ago

Ontario town offers funds for missing middle development

The Municipality of Lakeshore is offering up to $80,000 in funds to incentivize developers and individuals to build missing middle housing, joining other Ontario municipal governments in moves to increase supply.

Toronto housing has 'nowhere but up to go'

The slide in Toronto-area home sales and prices will likely come to a halt later this year as economic uncertainty diminishes and buyers become more resolute, predicts Rishi Sondhi, economist at Toronto-Dominion Bank.

BoC rate decision fuels optimism among property investors

First-time homebuyers and real estate investors should take advantage of the housing market while interest rates are low, experts say. The Bank of Canada (BoC) held the policy rate at 2.25 per cent to kick off 2026.

Massive Ontario real estate selloff down to 27 properties

The sale of more than 400 properties in northern Ontario following a massive real estate bankruptcy in 2024 is down to 27 listings, the sale of which faces obstacles such as squatters and property damage.

Efficacy of Toronto’s vacant home tax questioned

The City of Toronto’s vacant home tax was created to make housing more available and affordable, but several years into the policy, it’s not known how many properties have been converted into additional homes.

B.C. housing market is weaker than the numbers suggest

COMMENTARY: The B.C. housing market showed mixed signals in December. Home sales remained tepid to end the year, while housing starts gained steam. While elevated, the latter does not signal strength as starts largely reflect projects planned years in advance.

How first-time homebuyers can save

It’s no easy feat to break into the housing market and for many first-time homebuyers, every penny counts. However, there are a few government rebates homebuyers can take advantage of to save on the big purchase.

The dangers of young people giving up on home ownership

OPINION: When people decide they’ll never own a home, they spend more, work less and take bigger financial risks. That's according to a new paper on housing affordability, and it helps explain why today’s housing crisis is not just about housing.

Sotheby’s bets on N.B. as luxury buyers seek value, privacy

Sotheby’s International Realty Canada has expanded into New Brunswick, launching in the seaside town of St. Andrews, as the region attracts a growing class of luxury homebuyers seeking space and scenic living at a fraction of big-city prices.

RBC, Realtor.ca team up to simplify path to homeownership

Under the partnership, RBC (RY-T) and Realtor.ca will offer a suite of resources and advice to help Canadians build their financial literacy around homeownership within the Realtor.ca platform, offering a path from discovery to purchase.

Variable-rate mortgages rising in popularity

Interest rates on fixed-rate mortgages won’t go down any time soon as volatile geopolitical tensions cast uncertainty on global markets, pushing more mortgage shoppers to opt into variable rates, brokers say.

Canada's 100 most livable cities

The Globe and Mail's list of Canada's most livable cities uses nearly 60 variables across 10 categories, from health care and safety to housing and climate resilience. This year's top-ranked city is North Vancouver.

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