9 h. ago Hardly anyone is building or buying homes in Ontario anymore as market flops

Apologies for sounding like a broken record about the state of Ontario's housing market, but you may want to check on your realtor and homeowner friends, because things have been pretty dire out there — and worsening — for well over a year now.Politicians continue to emphasize the pressing need for more housing to keep up with the nation's record immigration-led population growth, but meanwhile, a raft of unsold houses and condo units have been languishing on the market for far longer than usual, especially in the GTA.As the number of homes switching hands remains at rock-bottom lows, developers have had to radically pull back on new construction, with some even putting entire projects into receivership.It seems like a never-ending cycle of diminishing sales numbers, less construction and ever-lower confidence in the market from stakeholders on all sides.And, with prices failing to budge much due to how much sellers paid in the first place — bec...

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11 h. ago Here's how much home prices in Canada are expected to drop in 2025

Following an uptick in home prices in 2024, British Columbia could be among the parts of Canada to see a potential decline in housing prices in 2025.According to a recent forecast by TD Bank's economists, average home prices in B.C. will fall by 4.1 per cent in 2025, before rising by 2.7 per cent in 2026. This comes after a 1.7 per cent increase in home prices in 2024.This will be the country's second-largest dip in home prices, following the forecast for Ontario: a decrease of 6.4 per cent in 2025, and a subsequent increase of 2.2 per cent in 2026. Last year, home prices in Ontario went up marginally, by 0.3 per cent.As for the number of home sales in B.C., the volume of transactions is expected to decrease by 0.8 per cent, before rallying by a staggering 14.7 per cent in 2026. Similarly, Ontario will see a 7.6 per cent drop in home sales in 2025, followed by a 16.9 per cent increase in 2026, the bank's experts say."This reflects muted demand conditions in both [B.C. and Ontar...

Economics

34 h. ago Ontario police warn of Bell and Rogers scammers who visit your home

Guelph Police have published a warning about a new scam involving Rogers and Bell. The police have received reports of fraudulent service promotions from individuals claiming they are from Rogers or Bell.Scammers claiming they are with carriers aren't exactly new, but what's crazy about this scam is that the people of Guelph have received a phone call and had someone visit their home in person.These scammers pretend to work for Bell or Rogers and offer the victim a discounted or lower rate. They then collect as much information as possible, even meeting victims at their homes to get even more information or help them register for their fake programs and services.After getting the information, they'll log into their Rogers or Bell account, change their details and steal what they can.One victim described one of the scammers as a man in his thirties, brown-skinned, with a slight East-Indian accent. He was carrying a notebook, cleanly dressed and driving a four-door whit...

Events

47 h. ago $1.3 Ontario home is proof that a bungalow doesn't have to be boring

If you're looking for an affordable yet exceptional new home outside of the hubbub of city life, your prayers have been answered: this $1.3 million Ontario bungalow is your new best friend.Located less than an hour's drive from Toronto, just west of Brampton, 60 Garrison Square is a charming freehold bungalow townhome replete with character and comfortable finishes in the delightful Georgetown community.Resting within a sought-after and well-maintained enclave, this lovely home is the ultimate intersection of luxury, privacy and convenience, all at an appealing price point.The main living space.At around 1500 sq. ft., 60 Garrison Square is living proof that bungalows are no reason to sacrifice on space, nor style.The home boasts sky-high vaulted ceilings, a flood of natural light, California shutters throughout, and, in the living room, a cozy gas fireplace, all of which contribute at once to create the feeling of spacious openness without compromising on comfort.The kitchen.Ju...

Economics

47 h. ago $1.3M Ontario home is proof that a bungalow doesn't have to be boring

If you're looking for an affordable yet exceptional new home outside of the hubbub of city life, your prayers have been answered: this $1.3 million Ontario bungalow is your new best friend.Located less than an hour's drive from Toronto, just west of Brampton, 60 Garrison Square is a charming freehold bungalow townhome replete with character and comfortable finishes in the delightful Georgetown community.Resting within a sought-after and well-maintained enclave, this lovely home is the ultimate intersection of luxury, privacy and convenience, all at an appealing price point.The main living space.At around 1500 sq. ft., 60 Garrison Square is living proof that bungalows are no reason to sacrifice on space, nor style.The home boasts sky-high vaulted ceilings, a flood of natural light, California shutters throughout, and, in the living room, a cozy gas fireplace, all of which contribute at once to create the feeling of spacious openness without compromising on comfort.The kitchen.Ju...

Economics

50 h. ago Australia’s Leaders Vow Housing, Tax Cuts at Dueling Rallies

Australia’s two major parties held their 2025 election campaign launches within hours of each other on Sunday, revealing plans to allow residents to tax deduct their mortgages and setting aside billions of dollars to build new houses for first-time home buyers.

Politics

6 d. ago Local charity says Ottawa’s homeless population has grown to 3,000

More than 80,000 people in Ontario were homeless last year

Other

6 d. ago How many coffees would you need to stop buying to afford a home in Ontario

Can skipping your daily coffee help you buy a home? According to a recent study calculating how long it would take to save a 20 per cent down payment, the results say no.

Other

7 d. ago Enormous $5 million home in Ontario is the epitome of quiet luxury

This $5 million luxury Ontario home is the epitome of quiet sophistication, replete with elegant finishes and subtle odes to opulence.Where so many custom-built, grand homes can all too often teeter towards gaudy, 2554 Liruma Road, located in Mississauga's sought-after Sheridan Homelands, pays homage to quieter displays of grandeur.Standing at a sweeping 8,700 sq. ft. on a 21,600 sq. ft. lot, this home is a stately refuge of epic proportions.The grand foyer.Take the grand foyer, which greets you immediately upon entering the home, for instance. A Juliette balcony overlooks the first floor, while 24-foot vaulted ceilings give an immediate sense of grandeur, complemented by Marmi Fiandre marble flooring, regal wainscotting and electric heated floors throughout.The living room.The sweeping, 620 sq. ft. living room is similarly spectacular, with its 21-foot coffered ceiling and a towering cast-stone fireplace making for an eye-catching centrepiece.For more intimate get-togethe...

Economics

9 d. ago Outages after Ontario ice storm drop below 70,000 as restoration continues

More than one million Ontario homes and businesses experienced outages since last weekend's ice storm and subsequent days of high winds and heavy rain.

Other

9 d. ago Ikea Monkey’s Ontario home seeking help following ice storm damage

The Story Book Farm Primate Sanctuary, home of the Ikea Monkey, is seeking financial help after an ice storm knocked out power and stopped its electric water pump.

Events

1 week ago Tens of thousands still without power in Ontario after pair of storms

Rain and localized flooding in parts of Ontario could slow restoration efforts this weekend to thousands of homes and businesses still without power after a series of punishing spring storms. Provincial utility provider Hydro One says 102,000 customers are without power Saturday, a slight improvement on the previous day’s numbers. Hydro One’s latest update says […]

Other

1 week ago How an Ottawa Valley county solved its homelessness problem — and saved Bill Wilson

Renfrew County had one of the highest overdose death rates in Ontario. Then its paramedic services tried something completely different to address homelessness and drug abuse.

Other

1 week ago Ontario Premier Doug Ford to visit areas without electricity since ice storm

Premier Doug Ford said Thursday that he plans to visit some areas affected by prolonged power outages since a powerful ice storm hit central and northern Ontario over the weekend. More than 190,000 homes and businesses were still in the dark midday Thursday, a Hydro One outage map showed, after the storm caused severe damage […]

Other

2 w. ago ‘Completely unattainable’: Homeownership elusive for most young Ontarians, report finds

Homeownership is now "completely unattainable" in many Ontario cities, a new report warns, as young people turn to rentals and affordability hits 20-year-low.

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2 w. ago New report shows young people in Ontario have little hope of buying homes

11 out of 26 Ontario municipalities analyzed in the report were deemed “completely unattainable” Toronto, Ontario, April 01, 2025 (GLOBE NEWSWIRE) — Affordability in Ontario has never been worse. A new report by Mike Moffatt at the Missing Middle Initiative, commissioned by the Ontario Home Builders’ Association (OHBA), shows that most major metro areas in […]

Other

2 w. ago More than 390,000 homes and businesses still without power in Ontario

The cities of Orillia and Peterborough, and the cottage country district of Muskoka, all declared states of emergency

Economics

2 w. ago Ontario power outage map shows 50,000 homes in the dark amid brutal ice storm

Almost 50,000 Ontario homes are in the dark as widespread blackouts impact the province amid a brutal ice storm, according to HydroOne's outage map.HydroOne confirms that over 49K homes in central and eastern Ontario are without electricity on Saturday afternoon as freezing rain weighs down tree branches and power lines."Power outages continue across central & eastern Ontario due to freezing rain," stated the utility company in a post on X, assuring the public that "Crews are working as quickly & safely as possible."HydroOne's social media post warns the public to "Stay safe, stay back from downed lines."HydroOneParts of the province may receive up to 25 millimetres of freezing rain by the time the system passes on Sunday.Environment and Climate Change CanadaA large swathe of the province remains under a freezing rain warning issued by Environment and Climate Change Canada as of Saturday afternoon.

Events

2 w. ago Ontario power outage map shows over 218,000 homes in the dark amid brutal ice storm

Over 218,000 Ontario homes are in the dark as widespread blackouts impact the province amid a brutal ice storm this weekend, according to Hydro One's outage map.Hydro One confirmed that homes in central and eastern Ontario without electricity reached hundreds of thousands as freezing rain weighed down tree branches and power lines."Power outages continue across central & eastern Ontario due to freezing rain," stated the utility company in a Saturday post on X, assuring the public that "Crews are working as quickly & safely as possible."Hydro One's social media post warns the public to "Stay safe, stay back from downed lines."Hydro One outage map as seen Saturday afternoon.The energy provider shared an update on Sunday, stating that over 218,000 homes are still without power.More than 218,000 customers remain without power. Safety is our top priority. We urge customers to stay away from downed power lines, trees and any damaged electrical equipment. Crews are w...

Events

2 w. ago Over 377,000 Ontario public servants appear on Sunshine List

Former Ontario Power Generation CEO Kenneth Hartwick tops list again, taking home $2 million in annual salary

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