The rising cost of homes compared to household incomes and rents will mean a slowdown in price appreciation, Fitch Ratings says
A new 40-unit, 3-storey building of affordable rental units has opened in Vancouver, the first to be funded by the Affordable Rental Innovation Fund, and offering a flexible approach to rental developments
New home construction south of the border increased in June with new starts up 4.8 per cent according to data from the HUD and Commerce Dept.
Overbuilding is not a major issue in the Greater Toronto Area as builders don’t start construction until the majority of homes are sold
June rental figures show that Calgary has recovered some of the ground lost in May
Ontario’s financial watchdog estimates the province will be $350 billion in debt by the 2020/21 fiscal year as the government spends heavily on infrastructure
While overall sales of homes in Calgary have been sliding and impacting prices, there are some exceptions
A new report from TD Economics says the current downturn in Alberta’s economy could be among the most severe ever