Below you'll find a list of all posts that have been tagged as “Affordability”
RBC Economics says 2019 will go down as “the turning point for Canada’s housing market.” This refers to the end of the most significant correction since the Great Recession of the last decade and sets the scene for continued recovery for the housing market 2020. The report from senior economist Robert Hogue reflects on a year that faced challenges but …
A new report from RBC Economics focuses on the rental housing deficit, which is set to intensify in the coming years, especially in Toronto and Vancouver. The report says that the supply of new rental homes will need to pick up the pace to meet future demand; in Toronto, the pace must double. In the meantime, lack of supply is …
Canada has been named as the #1 country in the world in 2019 for Quality of Life for the fourth year in a row. Overall, Canada also ranked as the third best country in the world for women, third for education, and second for corporate headquarters. The study, conducted by US News & World Report in partnership with Y&R’s BAV and Wharton, broke down 80 countries’ overall rankings based …
Canada’s recreational home market is growing thanks to a new group of homebuyers claiming their piece of the cottage and vacation homes market. As more Canadians work remotely, they are shunning the city life for a more relaxed home-working environment. Sotheby’s International president and CEO Brad Henderson says that he has seen a growing trend for people leaving Montreal or …
