Rents in Canada’s big cities are through the roof, and somehow many landlords are still losing money on their rental properties. It’s just another day in our wild, wild housing market. 

Driving the news: A report from CIBC and Urbanation found that most condo investors with a mortgage in the Greater Toronto Area were renting out their properties for less than they were paying to own them—in other words, they’re losing money every month. 

If you thought there already weren’t enough homes to go around, the Canada Mortgage and Housing Corp. (CMHC) wants you to know you ain’t seen nothing yet. 

Driving the news: The CMHC says housing starts—a measure of how many new homes are being built—could nosedive 32% this year if inflation sticks around and interest rates remain high. 

It turns out, the next “big space” is literally just more space.

The Bank of Canada has promised to stop hiking interest rates. Housing developers are really hoping that’s true.

Real estate developers say new rules aimed at boosting the housing supply may actually have the reverse effect.

Inflation is coming down, and the reason may lie in what’s happening in housing. 

Stealing a house sounds like a difficult task, but recent scams show us it’s actually frighteningly easy.

If you think of Canada’s housing market like a roller coaster, we’re at the part where the cart turns over the top of the drop, and you can’t help but wonder: “Why did I get on this thing?” 

The federal government unveiled the details of a two-year ban on foreign home buyers set to kick in on January 1st (and as last-minute Christmas shoppers, we really get leaving the announcement to the very last minute).

What happened: The regulations will bar non-Canadians (anyone who isn’t a citizen or permanent resident) from purchasing houses in Canada for the next two years, with some exceptions.

Starting in January, profits from sales of houses occupied for less than a year will be 100% taxable as income—barring certain exceptions, like death or work relocation.