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With no relief in sight for house prices, is it time to rethink home ownership?

Some say the solution to housing affordability is a change in attitude ....

Greg Decaire , Dwayne Bragonier , Sigrid Forberg , Shipfactory Shutterstock , Frank Clayton , Orit Sarfaty , Land Development At Ryerson University , Canadian Real Estate Association , Centre For Urban Research , Canadian Real Estate , Greater Toronto Area , Urban Research , Land Development , Ryerson University , Greater Toronto ,

With no relief in sight for house prices, is it time to rethink home ownership?

Some say the solution to housing affordability is a change in attitude ....

Greg Decaire , Dwayne Bragonier , Sigrid Forberg , Shipfactory Shutterstock , Frank Clayton , Orit Sarfaty , Land Development At Ryerson University , Canadian Real Estate Association , Centre For Urban Research , Canadian Real Estate , Greater Toronto Area , Urban Research , Land Development , Ryerson University , Greater Toronto ,

Liberals say they'll bring in a rent-to-own program. But what will it do for Toronto's housing crisis?

While some are praising the Liberals' proposed rent-to-own program as a positive initiative that helps renters who are struggling with a down payment, others say it caters to a niche group of constituents, and that housing supply is what all parties need to focus on to make cities like Toronto more affordable. ....

Jennifer Keesmaat , Adrian Wyld , Justin Tang , Frank Clayton , Murtaza Haider , Sean Kilpatrick , Justin Trudeau , Jennifer Keesmat , Toronto Ryerson University , Sean Kilpatrick Canadian , Land Development At Ryerson University , Ryerson University , Graeme Roy Canadian , Party Of Canada , Greater Toronto Area , Toronto Regional Real Estate , Canadian Press , Urban Research , Land Development , Liberal Party , Leader Justin Trudeau ,

Small-Town Homes, Big-City Prices: Welcome to the Everywhere Boom

For years, housing costs have plagued millennials. Some of us graduated into a recession; others have seen stagnant salaries and limits for growth. The harsh reality became clear: we would have fewer economic opportunities than our parents’ generation. The pandemic has been a nightmare, but for some, anyway it seemed at first to be a once-in-a-lifetime opportunity to reverse those dire prospects. Like so many other twentysomethings, I have been limited in where I can live by my daily commute to the office. I spent most of my working life tethered to the city: first Toronto, then, as prices became increasingly unreasonable, the nearby city of Burlington. I’d accepted that I would likely be confined to an overpriced rental for years to come. But COVID-19 has changed that. My job, like many other office positions, will stay remote after the pandemic ends a shift that has made countless other young middle-class workers reevaluate not only how they work but where. Now, young people ....

France General , Steve Howes , Sara Keyes , David Amborski , Heather Tremain , Sean Wetselaar , Housing Corporation , Land Development At Ryerson University , Canadian Real Estate Association , Centre For Urban Research , Nova Scotia Association Of Realtors , Office Of The Superintendent Financial Institutions , Nova Scotia Association , Max Canada , Lake Echo , Royal Lepage , East Hants , Urban Research , Land Development , Ryerson University , Last December , Financial Institutions , Town Canada , Canada Mortgage , First Time Home Buyer Incentive , பிரான்ஸ் ஜநரல் ,

How real estate markets across Canada have become as heated as Toronto and Vancouver

(Photograph by Kathleen Fisher)
Nowhere to buy
Soaring home prices, insane bidding wars and cancelled dreams have spread from urban centres into towns across Canada. How did everywhere become Toronto and Vancouver?
May 17, 2021
It would keep happening, even though Louise Haehnel knew resisting her tendency to daydream would prevent more heartbreak. She and her husband, James, would view a house listed in Oshawa, Ont., or further afield. And she’d begin to imagine: the sofa here, the pictures there; six-year-old Aubree taking this bedroom and four-year-old Ava getting that one, instead of them having to share in the Haehnels’ small apartment. “Then, every single time, we’re disappointed,” she says, “because we’re not just a little bit outbid we’re nowhere near in the running.” ....

British Columbia , Lake Simcoe , New Brunswick , North Cove , United Kingdom , City Of , Port Hope , New Zealand , Ben Rabidoux , Balme Taninas , Brett Gundlock , Carmen Cheung , Tiff Macklem , Chrystia Freeland , Louise Haehnel , Lucy Lu Taninas , Andy Yan , John Pasalis , Michelle Soucy Rankin , Lucy Lu , Raman Sanghera , Marc Iturriaga , Mike Moffatt , Stompin Tom Connors , Diana Petramala , Doug Porter ,