Condos can be a problem-solver in today’s real estate market. But there’s also a sense of dread associated with condos, specifically with the monthly maintenance fees ... More

The cost of renting an apartment is climbing rapidly in many of Canada's largest cities, led by Toronto and nearby places, new data shows. ... More

First-time home buyers already struggling with more stringent mortgage rules have been dealt another blow by an increase this week in the Bank of Canada’s five-year mortgage ... More

In the face of a correction in Toronto’s housing market, sellers aren’t panicking and prices in Toronto continue to hold steady. ... More

The decline in national home sales reported Tuesday by CREA is “disappointing” says TD Economics. ... More

Statistics released today by The Canadian Real Estate Association (CREA) show national home sales fell from March to April 2018. ... More

The value of permits issued for non-residential structures was $3.0 billion in March, up 4.5% from February (which had posted a 6.4% decline) according to Statistics Canada. ... More

A city just north of Toronto is making a play to try to position itself as the home for Amazon’s second North American headquarters. ... More

Despite rising interest and qualifying rates, the luxury sector of the housing market should remain largely unaffected. ... More

Luxury home prices across Canada have remained “relatively resilient” this year so far despite lower sales in the Greater Toronto Area (GTA) and Greater Vancouver, ... More

After a flat March, the Teranet–National Bank National Composite House Price Index ™  rose 0.2% in April. In the 20-year history of the index, it was the ... More

Members of Generation X (aged 37 to 52) are finding it hard to save, and the tighter timeline is causing them stress, a Franklin Templeton report finds. ... More

The bar is now higher for homebuyers to qualify for mortgages in Canada after the central bank raised a key metric used in stress tests that determine borrowers’ ... More

Almost six in 10 Canadian millennials are already homeowners, with more of this age group planning to buy a home in the next two years, according to a Genworth Canada survey ... More

Bank of Canada will probably raise rates twice this year, likely in the summer and in fall according to Dominion Lending Centres chief economist Sherry Cooper. ... More

The trend in housing starts was 225,696 units in April 2018, compared to 226,942 units in March 2018, according to Canada Mortgage and Housing Corporation (CMHC). This trend ... More

Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,792 sales through TREB's MLS® System in April 2018. The ... More

Bank of Canada governor says heavy debt load poses risk to the economy, but he is confident it can be managed. ... More

The Canadian Imperial Bank of Commerce says it will raise its five-year fixed-rate mortgage rate Tuesday by 15 basis points. ... More

Doug Ford says he would open up the protected Greenbelt around the Toronto area for some development if elected premier this spring. ... More

The City of Vaughan and the City of Toronto are among the municipalities considering large increases in their local development charges, which are the taxes that cities collect on ... More

The home-purchasing power of ‘peak millennials’ aged 25-31 has diminished by around $40,103 (16.5%) since the introduction of the OSFI stress test at the start of ... More

Two of Canada's biggest banks are raising their benchmark rates for five-year, fixed-rate mortgages. ... More

Toronto is getting a new casino. The city council approved the much-debated expansion of the Woodbine Racetrack in Etobicoke into a gambling wonderland with five new ... More

The risk of a housing market downturn over the next 12 months remains low – but the probability has slightly increased because of volatility introduced by the recently ... More

Latest data from Statistics Canada showed that mortgage interest costs increased by 2.8% in March, representing the biggest rise since April 2009. ... More

Canadian households, the main driver of the country’s economy for the past decade, are showing signs of spending fatigue. ... More

The impact of the Ontario’s Fair Housing on foreign buyers of the province’s real estate has been revealed by the finance ministry. Finance minister Charles Sousa ... More

Canada's housing market overall remains highly vulnerable for the seventh consecutive quarter mainly due to evidence of overvaluation and price acceleration observed in Census ... More

The tightened mortgage underwriting rules which came into effect at the start of the year have contributed to a slower start for the Canadian economy. ... More