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Ask the average renter and they can tell you: Canadian rents have soared in recent years. The latest data from Rentals.ca and Urbanation shows the average asking rent for all property types in May rose above $2,200 for the first time. That’s up 9.3 per cent year over year, the …
Read More »As interest rate decision looms, here’s what to expect in the fall housing market – National
Canada’s housing market could face a chill this fall as prospective buyers and sellers wait to see where the Bank of Canada’s interest rate path will head, according to new polling released Tuesday. Re/Max Canada said in a report that home prices are expected to remain flat nationally from August …
Read More »Nova Scotia hasn’t built public housing in 30 years. Why that was a ‘huge mistake’
As Nova Scotia continues to grapple with affordability and housing crises, experts are questioning the government’s failure to build new public housing units in nearly three decades. “If you consider housing as a human right – as a basic foundational structure for your citizenship – yes, it’s a huge mistake,” …
Read More »‘Serious buyers’ looking at homes in Hamilton despite continuing high borrowing costs: realtor – Hamilton
A realtor is suggesting home sales in Hamilton are beginning to favour buyers this spring, despite the regional numbers still showing a seller’s market amid continuing high borrowing costs. Rob Golfi of Remax Escarpment Realty told 900 CHML’s Good Morning Hamilton the market appears to be “picking up” with the …
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