58 h. ago GTA Housing Market Sees Boost in September Following Interest Rate Cut

TORONTO, Oct. 03, 2025 (GLOBE NEWSWIRE) — September home sales increased in the Greater Toronto Area (GTA) compared to a year earlier, as more homebuyers sought to take advantage of more affordable monthly mortgage payments. Buyers continued to respond to substantial choice in the marketplace by negotiating the average selling price downward. “The Bank of […]

Other

3 d. ago Budget watchdog reports sharp improvement in home affordability _ but not everywhere

OTTAWA — As Parliamentarians spar over how to make housing more affordable, Ottawa’s fiscal watchdog is reporting significant progress in closing that affordability gap nationally — but the picture looks very different across the country. Interim Parliamentary Budget Officer Jason Jacques put out an updated housing report Thursday. The report gauges affordability based on the […]

Other

9 d. ago Opinion: Put affordable housing top of the municipal election platform

Calgary’s next mayor and council face a formidable and urgent challenge — helping more than 84,000 Calgarians find an affordable home. That’s the current number of Calgary households in housing need. By 2026, that number will grow to 100,000. These are community members who are recovering from addiction and homelessness, neighbours who can’t afford their […]

Politics

1 week ago Toronto homes from 1800s were left to rot and now must be torn down

Two 19th-century homes in Toronto, once used as affordable housing and later intended for redevelopment, have been left to deteriorate for over a decade and are now considered beyond repair and slated for demolition.Toronto Building received an Engineer's Report earlier this month recommending the complete demolition of 155 and 157 Cowan Ave., located just south of Queen Street West and Brock Avenue, due to their severely deteriorated condition.An Order to Remedy Unsafe Building notice has since been posted on the property fence, noting that the two buildings are "fundamentally and irremediably unsound due to the extent of deterioration." The property is registered to a numbered corporation with no public contact information. The two homes, built in 1893 and occupied in 1894, have long been tied to Parkdale's housing-related activism. For several years, the buildings contained affordable housing, including apartments and rooming house units.In the early 2...

Other

1 week ago Opinion: Heat pumps could be B.C.’s best bet for safe, affordable homes

Shauna Sylvester: By helping co-ops, non-profits and landlords retrofit instead of redevelop, we protect affordable housing from being lost to demolition and speculative investment. For the province, retrofits represent a $10-billion-plus economic opportunity.

Other

2 w. ago Pellerin: A whiff of optimism about homelessness and affordable homes

Plans announced this week by the federal and municipal governments point us in the right direction.

Other

2 w. ago Toronto's new direct train to Muskoka just passed a huge milestone

Ontario will soon be home to a fast, reliable and affordable connection between downtown Toronto and cottage country thanks to the return of the legendary Northlander train, which just took another huge leap toward opening.City dwellers looking to access the countless natural wonders and other gems that lie around Muskoka and beyond have been without a direct transit option for more than a decade since the rail line, which had carried passengers under various names for more than a century, was pulled from service in 2012.But, stakeholders have since decided to revive it to meet demand, with a draft plan created in 2020 now coming to fruition ahead of an expected 2026 launch.Yes, that's right: you should be able to grab your favourite book and your duffel bag and get to Gravenhurst, Bracebridge, Huntsville or even further north, no car required, within the coming months.The line will run 16 stops between Toronto'...

Transport

3 w. ago Carney launches Build Canada Homes with billions for affordable housing

It could take years before the first tenants or homeowners will be able to move into the new affordable homes

Transport

3 w. ago RESCON: Lack of affordable homes is only part of the problem

Layoffs in the home building industry have already started, and Ontario has shed nearly 12,000 construction jobs over the last year When individuals and households that make six-figure incomes can’t afford to buy a home in the city where they work, it’s a problem. Sadly, that’s now the case in Greater Toronto and Hamilton Area […]

Culture

3 w. ago Shortage of homebuyers forces many sellers to lower prices or walk away as sales slump drags on

LOS ANGELES (AP) — Skyrocketing housing values and a shortage of homes on the market gave homeowners the upper hand for years when it came time to sell. That’s no longer a given. Across the country, it’s getting tougher for sellers to drive a hard bargain. A dearth of home shoppers who can afford to […]

Economics