All Housing stories

A failing fight against homelessness

In 2017, the government launched its National Housing Strategy to create more affordable housing, which includes a sub-plan aimed at cutting chronic homelessness in half by 2028.

Five years in, are the feds any closer to this goal? The short answer: No one knows. 
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Real estate prices are (kind of) healing

Is it the beginning of the end of Canada’s real estate downturn? RBC thinks so.
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Getting a mortgage isn’t getting any easier

As interest rate hikes drive up borrowing costs and, in turn, lower housing prices, many Canadians are asking for a break when it comes to their mortgage qualifying rate. 

Canada’s top financial regulator responded with a firm: “Nah, we’re good.”
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The dorms are full and students have nowhere to go

You’ve got your textbooks, LED light strips, and a fern that you’re definitely going to take care of this time, but if you’re heading back to college or university this week, there may be one small thing you’re missing: somewhere to live.

Driving the news: Soaring rents and a shortage of on-campus residences are making it virtually impossible for many of the country’s 1.5 million post-secondary students to secure housing before classes begin this week.
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TD’s crystal housing ball

The phrase “short-term pain, long-term gain” has never been more true for homeowners.
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No vacancy for Canada’s students

Forget heavy courseloads and unrequited crushes, Canadian post-secondary students have a bigger problem as they head back to school this year: Finding somewhere to live.
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Another way to save for a home is on the way

RRSPs and TFSAs better move over, because there’s a new registered savings account in town: it’s the Tax-Free First Home Savings Account (FHSA) and everyone’s talking about it. 

Driving the news: New details about the design of the FHSA released by The Department of Finance show it will work like a souped-up TFSA or RRSP, combining some of the advantages of each.
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No house, no payments

Don’t get any ideas, but homeowners in China are boycotting their mortgage payments. 
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Canadian rents return to pre-pandemic highs

Sure, it may be very expensive to buy a home in Canada, but don’t forget it’s also very expensive to rent one—and getting pricier every month, as average rents across the country have returned to their pre-pandemic high of nearly $2,000, according to new data from

Why it’s happening: The reversal of two pandemic-era trends—the flight from cities and rock-bottom interest rates—is driving the rent surge.
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The housing correction picks up pace

The Canadian housing prices will fall by ~25% from recent all-time highs by the end of next year, according to a new report from Desjardins.
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