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home prices Canada: Latest News

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14.09.2022 / 05:39

Will Trudeau’s $4.5B affordability plan help you? Here’s what to know

Prime Minister Justin Trudeau says his government plans to roll out a six-month boost to the GST tax credit, a dental benefit for some children, and a one-time top up of the Canada Housing Benefit — all totalling $4.5 billion — to help Canadians cope with the soaring cost of living.

Justin Trudeau Jagmeet Singh Canada Canada inflation

Got homebuyer’s remorse? Regret sets in for some as heated housing markets cool

A wave of buyer’s remorse is taking shape in several heated real estate markets, after housing prices started dropping and the number of sales slowed over the last two months.

Canada county Ontario Canada housing

Speculation by Canadians ‘absolutely’ playing a role in red-hot home prices: expert

Speculation by Canadians investing in the real estate market is “absolutely” one of the factors contributing to sky-high home prices, says one economist studying housing trends.

David Akin Canada city Ottawa county Real

How the pandemic pushed Canadian millennials to home ownership

coronavirus pandemic, according to a recent demographic survey by Royal LePage.The pandemic has steered young Canadians along “a path to home ownership,” Phil Soper, president and CEO, Royal LePage, told Global News Thursday.“As mortgage rates fell to historically low levels and the competition for entry-level housing lessened, young people saw a window of opportunity and went for it,” he said.

Royal Lepage Canada

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