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Home prices in Q4 down year-over-year, first decline since end of 2008: report
TORONTO — A report by Royal LePage says the median price of a home in Canada in the fourth quarter of 2022 posted the first year-over-year decline since the end of 2008 during the financial crisis.
Jan 13, 2023 7:12 AM
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B.C. owners and renters have highest housing expense in Canada, survey finds
Not a single B.C. city made it on the 'lowest shelter costs' list.
Jan 12, 2023 8:22 PM
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B.C. creates $500 million fund to buy old rental buildings and protect tenants
BURNABY, B.C. — The British Columbia government says it will save rental homes and protect tenants from "housing speculators and profiteers" with the creation of a half-a-billion-dollar Rental Protection Fund.
Jan 12, 2023 11:53 AM
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Banking regulator launches consultations on mortgage rules, proposes additions
Canada's banking regulator is launching public consultations on existing and newly proposed mortgage lending rules as it says loan risks have increased considerably since the start of the COVID-19 pandemic.
Jan 12, 2023 10:07 AM
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As B.C. homeowner grant approaches $1B, critics call for its end
BC NDP housing minister Ravi Kahlon has defended giving nearly one billion dollars of property tax revenue back to B.C. homeowners annually. Critics, meanwhile, are questioning the homeowner grant's necessity.
Jan 11, 2023 12:24 PM
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Sale of troubled Atmosphere project in Richmond put on hold
New building permit required to secure best value for the assets
Jan 10, 2023 9:08 AM
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Canada will see weakest level of homes sales since 2001 this year: TD report
TORONTO — A new report from TD Economics predicts Canada will see the weakest level of home sales since 2001 this year.
Jan 10, 2023 8:06 AM
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The big case for tiny shelters in B.C.
More communities are investing in tiny shelters as the province looks to create temporary solutions for people experiencing homelessness.
Jan 9, 2023 12:19 PM
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Indigenous group seeks control of $300M housing fund
Funds are part of a new federal $4.3 billion Indigenous Housing strategy to support improvements to First Nation and Metis housing
Jan 9, 2023 8:21 AM
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Homebuyers hope 'patience pays off' as prices drop, recession predictions loom
TORONTO — Andrew Hamilton and his wife bid farewell to their home in Toronto's Junction neighbourhood roughly a year and a half ago, when housing prices were soaring, but finding a new abode proved tricky.
Jan 8, 2023 12:00 PM
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