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Economic struggle, affordability biggest pressure points for homebuyers: RBC poll

3 days ago

Economy, affordability are pressure points for homebuyers

The biggest pressure points in Canada’s home-buying market are affordability and economic uncertainty, a new poll from RBC suggests. The report also found that most Canadians believe there is no such thing as a perfect time to buy a home. 

Canada’s housing-supply crisis isn’t over: CMHC CEO

The head of Canada’s national housing agency says the housing-supply crisis is not over and new construction is still needed, but that a market imbalance has created an oversupply in some sectors, including the nearly collapsed condo market.

London endorses federal Housing Design Catalogue

The federal Housing Design Catalogue offers more than 50, free pre-approved low-rise housing plans to help standardize construction, speed up gentle-density development, improve affordability and support local governments in accelerating homebuilding across Canada.

Manufactured home parks ride affordability wave

Manufactured home parks are poised to benefit from affordable housing policies as the government seeks to increase the supply of affordable and pre-fabricated homes, experts told Western Investor. They are also viewed as offering steady cash flow and hands-off management.

Cashback realtors see rise in demand

It’s a buyers’ market in Toronto, and that’s led more homebuyers to seek cashback realtors — agents who return a portion of their commission to the buyer after a home purchase.

The new-build housing glut: It’s not just condos

Unsold new condo inventory burdening Metro Vancouver is at a peak not seen since December, 1995. But empty, unsold, new duplexes and townhouses are also at a peak not seen since the 1990s.

Ratepayers, Martin Short angry over proposed subdivision

Councillors in Seguin Township appear divided over whether to allow a residential development proposed for a parcel of Muskoka behind a series of waterfront cottages on Ontario's Lake Rosseau that include the summer home of Canadian comedian-actor Martin Short.

The murky waters of the condo swimming pool

Having a pool in a condominium often brings joy to condo owners. But beneath its blue waters often lie several financial and administrative pitfalls, as operating a swimming pool is a big task.

37% of recent first-time buyers regret mortgage size

Five years after homebuying activity hit unprecedented heights amid record-low, pandemic-era interest rates, the ongoing mortgage renewal wave is putting borrowers managing higher payments under pressure, according to a recent report from Mortgage Professionals Canada.

Canadian real estate could be poised for a rebound

For those waiting on the sidelines of Canada’s real estate market, now might be the time to jump. Home sales are expected to be subdued this year, with modest price growth in 2027, according to a mid-year outlook from TD.

The GTA buyers’ market still trudging on

The June GTA housing numbers are exactly the kind of data the real estate industry likes to turn into a recovery story, but they do not erase the bigger point: prices are still down and affordability is still stretched.

How one realtor found her niche in Toronto’s east end

Buying a first home or finding enough space for a growing family can be one of life’s biggest transitions, and Karen Doering knows that from experience. That experience came to influence her career in a big way.

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