The mayors of Calgary and London, Ont., said they are welcoming federal funding programs dedicated to the building of new housing units, but added more needs to be done.
CREA says housing activity has been generally stabilizing from a busy spring as the Bank of Canada resumed its interest rate hiking cycle in June and July.
CREA says housing activity has been generally stabilizing from a busy spring as the Bank of Canada resumed its interest rate hiking cycle in June and July.
Canadian homeowners and prospective buyers saw a second consecutive quarter of improvement in housing affordability, but the market hasn’t returned to pre-pandemic levels.
Canadian homeowners and prospective buyers saw a second consecutive quarter of improvement in housing affordability, but the market hasn't returned to pre-pandemic levels.