REMI

Affordability

housing

CondoBusiness

Politics, red tape and the housing industry crisis

A timeline of legislation that shaped Ontario’s current supply and affordability issues.
first-time homebuyers

REMI Network

Confidence among first-time homebuyers edges up

Homebuyers are placing greater importance on the proximity of their homes to where they work.
Ontario lifts income threshold for incentives

Canadian Apartment Magazine

Ontario lifts income threshold for incentives

More Ontario households will qualify for free energy-saving equipment and advice with a newly announced lift to the income threshold for the provincial Energy Affordability Program.
investment activity

REMI Network

Vancouver approves historic land-use strategy

After almost three years of extensive public engagement, Vancouver City Council approved the first city-wide land-use strategy to make way for a more affordable and sustainable city.
Alberta electricity rebate excludes multifamily

CondoBusiness

Alberta electricity rebate excludes multifamily

Rental apartment and condominium dwellers with sub-metered suites aren't eligible for the rebate, which has now been extended for an extra three months to total $300 for the year.
home

CondoBusiness

Condo market offers hope amid housing woes

Those seeking more affordable housing options are finding a cure-all in the condo market, which offers affordability, availability, amenities, and neighbourhood liveability.
home

REMI Network

Fewer buyers desire move-in-ready homes

Affordability was the most important necessity for the majority of home buyers this year, according to CMHC's annual Mortgage Consumer Survey.

CondoBusiness

Approval, delivery delays impact affordability: BILD

A report finds the former provincial government's growth policies led to delays in the GTHA's land development and approval process, reducing affordability

CondoBusiness

Affordability driving condo market share higher: RE/MAX

Affordability is driving the increase in multi-unit home sales, as resale condos and townhomes in the GTA now represent nearly 37 per cent of home sales.

REMI Network

Affordability main concern as real estate sector focuses on supply

Developers, investors, lenders and experts are cautiously optimistic about the real estate sector, according to a recent report from PwC Canada and ULI.

Construction Business

Vancouver approves more modular housing

The City of Vancouver has approved new temporary modular homes at 610 and 620 Cambie Street (formerly 688 Cambie Street).

Canadian Apartment Magazine

Income and housing security top senior concerns

Canada's largest seniors' advocacy organization is prioritizing housing needs for different stages of aging among five key issues it plans to champion this year.

CondoBusiness

Province should address affordability: OHBA, OREA

The OHBA and OREA are calling on the provincial government to provide ideas to ease the growing housing affordability challenges many Ontarians are facing.

CondoBusiness

TREB concerned over proposed changes to Land Transfer Tax

Proposed changes to Toronto’s Land Transfer Tax will increase costs for all home buyers in the city, especially first-time home buyers.

CondoBusiness

B.C.’s economic growth due to housing sector

According to the Conference Board of Canada’s recent Provincial Outlook: Spring 2016, British Columbia’s booming housing sector will be one of the province’s main drivers

CondoBusiness

Housing affordability eroded further in Q2: RBC

Excluding the Toronto and Vancouver markets, Canadian housing affordability remained relatively stable in Q2, according to an RBC Economics Research report.