Housing Market

Cracking the Code: Navigating the Thrilling Rollercoaster of Canada’s Housing Market! From Skyrocketing Surprises to Hidden Gems – Your Ultimate Guide to Conquering the Canadian Property Frontie

More Than 50% Of Non-Homeowners Losing Hope Of Buying First Home In Canada, According to MPC Survey

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Housing Affordability Crisis Grips Canada, According to (MPC) Mortgage Professionals Canada Survey Overview The housing affordability crisis in Canada is deepening, as revealed by a recent survey conducted by Mortgage Professionals Canada (MPC). The survey highlights the challenges faced by both non-homeowners and existing homeowners in the country, painting a bleak picture of the current … Read more

Ontario Real Estate Association Advocates for Student Loan Relief to Boost Homeownership

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Ontario Real Estate Association Advocates for Student Loan Relief to Boost Homeownership Introduction The Ontario Real Estate Association (OREA), representing 90,000 Realtors, has released a comprehensive report titled “The Impact of Student Loan Debt On Homeownership.” This report sheds light on the challenges faced by Canadians who aspire to own homes while burdened with substantial … Read more

Premier Doug Ford cancels controversial $8.28-billion Greenbelt land swap: ‘It was a mistake’

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Premier Doug Ford Reverses Controversial Greenbelt Land Swap In a surprising turn of events aimed at rescuing his struggling Progressive Conservative government, Premier Doug Ford has decided to abandon his contentious Greenbelt land swap proposal. This abrupt reversal comes in the wake of the $8.28-billion scandal that erupted last month, causing significant turmoil within the … Read more

Prime Minister Justin Trudeau stuck in India after plane breaks down

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Canadian Prime Minister Justin Trudeau and his delegation faced an unexpected extension of their stay in New Delhi for the G20 summit due to a mechanical issue with their aircraft. Trudeau, who had arrived in India for the meeting of G20 leaders, was originally scheduled to return home on Sunday. However, a technical fault grounded … Read more

BC Gov Announced to Fund 3500 New Affordable Rental Homes

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BC Gov Announced to Fund 3500 New Affordable Rental Homes

In a bid to address the pressing need for affordable housing, the Province is reaching out to non-profit organizations, First Nations, municipalities, and other entities to submit proposals for the Building BC: Community Housing Fund (CHF). This initiative aims to bring new, affordable rental homes to individuals with moderate and low incomes. Expanding Access to … Read more

Devastating Blow to Canada’s Housing: 45K Construction Jobs Lost in July

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Devastating Blow to Canada's Housing: 45K Construction Jobs Lost in July

The Canadian construction sector faced a significant setback in July, shedding 45,000 jobs as indicated by the latest Labour Force Survey from Statistics Canada. This decrease of 2.8% from the previous month follows a more modest decline of 0.8% observed in June. Employment Trends In a span since January 2023, the construction employment landscape has … Read more

13 Ways to Make Money from the Real Estate Market in Canada

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13 ways to make money from real estate market in canada

Certainly, here are 13 ways you can potentially make money from the real estate market in Canada: Before pursuing any real estate venture, it’s crucial to conduct thorough market research, understand the legal and financial implications, and consider your risk tolerance. Real estate can be a profitable investment, but it also requires careful planning, due … Read more

New Housing Crisis in Canada: Lack of Property Managers

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Why Property Managers are Essential for Canada’s Housing Market Canada is currently facing a new housing crisis that is not often discussed – a lack of property managers. As the demand for rental properties continues to rise, the number of qualified property managers is struggling to keep up. This shortage is having a significant impact … Read more

The Rise of Property Managers: Solving Canada’s New Housing Crisis

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The Current Housing Crisis in Canada Canada is currently facing a new housing crisis, one that is fueled by a lack of property managers. As the demand for housing continues to rise, the supply is struggling to keep up, resulting in a shortage of available rental properties. This has led to skyrocketing rental prices and … Read more

The Unprecedented Surge in Canadian Rent Prices: A Growing Predicament

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The Unprecedented Surge in Canadian Rent Prices: A Growing Predicament

Canadian renters have long bemoaned the incessant escalation of rental rates, yet the onset of July brought forth a historic pinnacle in the annals of the nation’s rental history. Freshly unveiled data from Rentals.ca and the esteemed research entity Urbanation unfurled a startling revelation: July bore witness to an average asking rent that soared to … Read more