10 h. ago B.C.’s auditor general finds legal aid lacks processes to ensure timely services

VICTORIA — British Columbia’s auditor general says the body in charge of providing legal aid for those with low incomes doesn’t have processes or information to ensure people get timely and high-quality help. The report from acting auditor general Sheila Dodds says Legal Aid BC decided its funding needs based on current demand rather than […]

Other

4 d. ago Blackline Safety’s Meaghan Whitney Named to Globe and Mail’s 2025 Best Executives

Report on Business Magazine awards program celebrates excellence among Canada’s top leaders CALGARY, Canada — Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, is pleased to announce that Meaghan Whitney, Chief People Officer, has been recognized in the Report on Business Best Executive Awards for outstanding leadership in Human Resources. “Meaghan […]

Other

5 d. ago Here’s how important homeownership is to building wealth in Canada

The chances of buying a home for children of families who rent is notably different from those from families who own

Economics

5 d. ago Ravi Jani Promoted to Chief Financial Officer at The Real Brokerage

Finance leader brings over 15 years of finance and real estate experience to support Real’s next phase of growth and shareholder value creation TORONTO & NEW YORK — The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, today announced the promotion of Ravi Jani to Chief […]

Events

6 d. ago Here's the salary you need to earn to afford a home in Toronto right now

It may be one of the worst times in years to try and sell a home in Toronto, but conversely, those in the market to buy a property may be able to land themselves somewhat of a deal (relative to the city's infamously ludicrous prices, that is).Prices are finally starting to erode in the face of a terribly stagnant market, most notably in the condo sector, where fewer units are changing hands than ever in the last three decades.According to the latest data from the Toronto Regional Real Estate Board (TRREB), the average price of the typical GTA condo fell 2.6 per cent from March 2024 to the month prior, while the average price of a home of any type is down a similar 2.5 per cent over the same period.Sales have dropped a staggering 23.1 per cent year-over-year, while active listings have shot up 88.8 per cent, giving buyers the advantage of choice and negotiating power.As such, along with a Bank of Canada mortgage rate cut in March, the annua...

Other

6 d. ago Ragdoll kittens and cats surrendered after report to help line: B.C. SPCA

A buyer reported a kitten in terrible condition after taking it home from an 'irresponsible' breeder in Nanaimo

Other

6 d. ago Real’s March Agent Survey: Spring Market Outperforming Expectations Despite Macro Uncertainty

Survey Highlights Relative Resilience in Existing Home Sales Recovery TORONTO & NEW YORK — The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its March 2025 Agent Survey. Nearly half of agents said the spring selling season is shaping up to […]

Other

1 week ago The wild card in the White House makes mortgage borrowers opt for ‘safer’ choice

Robert McLister: If you’re a homeowner or buyer who values certainty over the gamble of extra savings, you’re in luck

Events

2 w. 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...

Other

2 w. 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

2 w. ago Amid ‘Buy Canadian’ surge, should travel at home get you a tax credit?

Canadians are looking within their borders to travel, but some say governments making travel tax credits available could spur even more trips.

Economics

2 w. ago 2 men die on Savary Island after house collapses on top of them during renovation

Powell River RCMP said that on April 6 at approximately 2 p.m., they received a report that two people were trapped under a house on Patricia Crescent.

Events

2 w. ago Six people dead after helicopter crashes in the Hudson River in New York City

NEW YORK — A helicopter crashed Thursday into the Hudson River just off Manhattan, killing six people, officials said.  The fire department said it received a report of a helicopter in the water at 3:17 p.m. A official told The Associated Press that six people were aboard, and all were dead.  Videos posted on social […]

Events

2 w. ago The Real Brokerage to Host First Quarter 2025 Earnings Conference Call

TORONTO & NEW YORK — The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, will release its financial results for the first quarter ended March 31, 2025, on Thursday, May 8, 2025, before the market open. The Company will hold a conference call to discuss operating […]

Culture

2 w. 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

3 w. ago These are the Toronto neighbourhoods where homes are selling the fastest right now

Even in the currently sluggish housing market, home buyers in certain GTA neighbourhoods are wasting no time when it comes to snapping up family-sized houses. According to a recent analysis by digital real estate platform Wahi, single-family homes continue to sell in two weeks or less in specific Toronto-area communities. The platform analyzed home sales data for the first quarter of 2025 and looked at the average number of days that listings remained on the market before selling. Findings show that three-bedroom single-family homes are the fastest-selling type of property in the GTA. To be considered in the analysis, neighbourhoods had to meet a threshold of at least five sales of a given housing type. Source: Wahi.Single-family homes with three bedrooms, which for the purposes of the study, included detached and semi-detached houses as well as townhouses, took an average of 23 days to sell. In 48 specific neighbourhoods, three-bedroom single-family homes took o...

Economics

3 w. ago Buyers offering way under asking price for homes in most parts of Toronto area

Despite a small surge just before the official start of spring, bidding activity on homes in the GTA largely seized up in March thanks to the ongoing trade war between Canada and the U.S. These economic and political uncertainties have convinced many prospective buyers to put their dreams of homeownership on hold, and as a result, homes in certain areas of the GTA are seeing bids well below their listing prices. A recent analysis by the digital real estate platform Wahi compared the differences between list and sold prices in roughly 400 neighbourhoods across the GTA. At the end of each month, the platform compares the differences between median list and sold prices to determine whether neighbourhoods are in overbidding or underbidding territory. Source: Wahi.Data was sourced from Information Technology Systems Ontario (ITSO) and the Toronto Regional Real Estate Board (TRREB).According to the report, approximately 20 per cent of GTA neighbourhoods with at le...

Economics

3 w. ago More than half of Canadians plan to buy a home in next 5 years

NerdWallet survey shows increase in intention to buy homes, with affordability being the biggest headwind.

Other

3 w. ago Toronto's real estate market is in major trouble amid global uncertainty

The Greater Toronto Area's (GTA) real estate market is currently facing some significant challenges, with March 2025 marking the lowest home sales for the month in over two decades.Spring usually brings a boost in housing activity, but this year, it's witnessed a slow market with many prospective buyers putting a hold on their homeownership dreams ahead of the federal election and the ongoing trade war with the U.S.According to the Toronto Regional Real Estate Board's (TRREB) March report, many buyers have adopted a "wait-and-see approach," which has translated into slower market activity. However, amid these challenges, the report also revealed a silver lining for would-be homeowners.The report indicates that homeownership in the GTA became more affordable in March 2025 compared to the previous year. On average, both borrowing costs and home prices declined over the past year, which made monthly payments more manageable for households looking to purchase property in the region...

Politics

4 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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