Canada Needs 3.5 Million More Homes By 2030 To Cut Housing Costs
According to a new report from the Canada Mortgage and Housing Corporation, Canada needs to build 3.5 million more homes by 2030 in order to bring housing costs down as the population grows. The report shows that Ontario and British Columbia make up the largest portion of the housing supply gap
Inflation Rate Plunges: Are Canadians Finally Seeing Financial Relief?
After record inflation numbers over the past year, Canadians are finally seeing some financial relief, as the latest inflation reports suggest. Canada's annual inflation rate dropped to 2.8% in June, bringing yearly price growth within the Bank of Canada's target range of 1% to 3%. This drop is larg
June 2023 Market Update
The amount of home sales in the Greater Toronto Area in June 2023 remained above last year's levels, but were down on a month-over-month basis. Selling prices have remained steady, or have increased in certain areas, from May 2023 to June 2023. The demand for home ownership is greater now compared
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