affordability Archives - Mortgage Rates & Mortgage Broker News in Canada

Metro Vancouver housing figures underscore massive gap in affordable units

April 28, 2025 No Comments

The latest housing report from Metro Vancouver underscores the significant gap between current affordable rentals and the number of units required to prevent more people from falling into homelessness, the head of the BC Non-Profit Housing Society said as the district released its data Friday.

Carney pledges to cut GST for first-time buyers of homes under $1M

March 20, 2025 7 Comments

Prime Minister says move will save Canadians up to $50,000 and boost housing supply amid affordability crisis

Home affordability improves, but still challenging for many Canadians: RBC report

December 21, 2024 No Comments

Home affordability in Canada is improving, according to a new RBC Economics report, but strains remain.

New mortgage rules take effect today; more may be coming on Monday, economist says

December 14, 2024 No Comments

Two sweeping mortgage reforms take effect today, December 15, targeting housing affordability and easing financial pressures—changes that may be followed by more announcements this week.

Housing unaffordability still rising despite billions in government measures: PBO

December 12, 2024 No Comments

The number of Canadians in need of affordable housing is still rising despite billions in federal spending to tackle housing affordability, the parliamentary budget officer said in a new analysis published Thursday.

European housing solutions to affordability crisis

What European housing models could do for Canada’s affordability problems

November 3, 2024 No Comments

Housing experts who have long promoted moving new home construction from suburbs to urban centres are calling for a similar approach to policy, saying several ideas currently percolating on the fringes of society in Canada have proven successful elsewhere and deserve a more central place in the national conversation.

affordability

Carney pledges to cut GST for first-time buyers of homes under $1M

Home affordability improves, but still challenging for many Canadians: RBC report

New mortgage rules take effect today; more may be coming on Monday, economist says

Housing unaffordability still rising despite billions in government measures: PBO

What European housing models could do for Canada’s affordability problems

Mortgage reforms alone won’t solve housing crisis, says Mortgage Professionals Canada CEO

Homeownership costs easing, but “long way to go” before affordability is restored: RBC

On Quebec’s traditional moving day, hundreds of renters are still looking for a home

New rules coming for tenants paying fixed rent in Nova Scotia’s public housing units

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