Author: dev

Ontario ranks as the second-most expensive province, scoring 71, just behind BC with a score of 79. Newfoundland and Labrador is the cheapest province, with

The avg mortgage payment in Hamilton-Burlington ↑ to $5,034 in 2023. The avg home price in Hamilton in Late-Q3 2023 was ~$776K, while in Burlington,

Government of Canada's 5-yr bond yield reached a multi-year-high, influencing mortgage costs. Bond yields have risen rapidly, with ~50% of the annual increase occurring recently.

Bank of Canada governor Tiff Macklem has stated that the central bank held interest rates in October due to the impact of upcoming mortgage renewals

The GTA housing market faces a downturn with declining prices and fewer sales. Reasons: Longer market time, fewer bidding wars Homes sell below listing due

The Ontario government has announced an increase in the harmonized sales tax (HST) rebate for purpose-built rental housing. The enhanced rebate will provide a full

The Ontario government plans to provide funding for purpose-built rental housing projects to address financial barriers and increase rental housing availability in the province. Continue

The national avg home price in Canada ↓ for the 3rd consecutive month, offering some relief to homebuyers. A recent study calculated the time required

Canada increases mortgage-bond program by 50% to spur apartment construction and curb housing costs. Annual limit for Canada Mortgage Bonds (CMBs) ↑ to $60B, with

The Ontario government announced on Wednesday that they will be removing the 8% provincial portion of the Harmonized Sales Tax (HST) on new rental housing.