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housing supply

A hit in the record price of $1.25 Million for the GTA Condos

A hit in the record price of $1.25 Million for the GTA Condos In the year 2022, the month of March has seen the price of new constructions in the Greater Toronto Area (GTA) reach a new record of $1.25 million. Due to this, sales in the region have witnessed a change in their numbers, […]

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Home Costs in Canada Reach a New Record: Current Scenario and Predictions.

Home Costs in Canada Reach a New Record: Current Scenario and Predictions. The year 2022 has witnessed several instances of the rise in prices of housing units in Canada. Considering that the year 2022 has just begun, the first three months saw the prices reach a new benchmark, especially in the Toronto area. The price

Home Costs in Canada Reach a New Record: Current Scenario and Predictions. Read More »

CIBC: Housing deficiencies linked to undercounted demand

CIBC: Housing deficiencies linked to undercounted demand Even though interest rates are moving higher, some economists think that a change in rates won’t have much of an impact on the housing market until something is done to address Canada’s chronic supply issue. This is because interest rates are negatively correlated with home prices. Benjamin Tal,

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April witnessed an increase of 8% in Canada’s housing starts

April witnessed an increase of 8% in Canada’s housing starts There was an increase of 8 percent in the number of homes that began being constructed in Canada last month, which is an indication that the housing sector in the country is heading in the right direction. According to the Canadian Mortgage and Housing Corporation

April witnessed an increase of 8% in Canada’s housing starts Read More »

Home Costs in Canada Reach a New Record: Current Scenario and Predictions.

Home Costs in Canada Reach a New Record: Current Scenario and Predictions. The year 2022 has witnessed several instances of the rise in prices of housing units in Canada. Considering that the year 2022 has just begun, the first three months saw the prices reach a new benchmark, especially in the Toronto area. The price

Home Costs in Canada Reach a New Record: Current Scenario and Predictions. Read More »

Suburbs lead Canada’s housing boom as downtown falls behind.

Suburbs lead Canada’s housing boom as downtown falls behind. Canada’s suburbs had an increase in home values that outpaced downtown areas during the pandemic, according to a new study. Many downtown businesses closing and people’s desire for greater living space are driving the rising demand for suburban properties, according to research released on Monday by

Suburbs lead Canada’s housing boom as downtown falls behind. Read More »

Canada housing plans considered vague by BMO

Canada housing plans considered vague by BMO April 7th witnessed the release of the Canadian budget for the fiscal year 2022-23. Through the budget release, the Canadian government promises to enhance the housing conditions by making it more affordable and cost-efficient. The liberal party committed a few key measures, in case of re-election, that they

Canada housing plans considered vague by BMO Read More »

Home Costs in Canada Reach a New Record: Current Scenario and Predictions.

Home Costs in Canada Reach a New Record: Current Scenario and Predictions. The year 2022 has witnessed several instances of the rise in prices of housing units in Canada. Considering that the year 2022 has just begun, the first three months saw the prices reach a new benchmark, especially in the Toronto area. The price

Home Costs in Canada Reach a New Record: Current Scenario and Predictions. Read More »

April witnessed an increase of 8% in Canada’s housing starts

April witnessed an increase of 8% in Canada’s housing starts There was an increase of 8 percent in the number of homes that began being constructed in Canada last month, which is an indication that the housing sector in the country is heading in the right direction. According to the Canadian Mortgage and Housing Corporation

April witnessed an increase of 8% in Canada’s housing starts Read More »

CIBC: Housing deficiencies linked to undercounted demand

CIBC: Housing deficiencies linked to undercounted demand Even though interest rates are moving higher, some economists think that a change in rates won’t have much of an impact on the housing market until something is done to address Canada’s chronic supply issue. This is because interest rates are negatively correlated with home prices. Benjamin Tal,

CIBC: Housing deficiencies linked to undercounted demand Read More »