Canadian home sales and prices fell in September as mortgage costs bite
The national benchmark price fell 0.4% during the month and was 3.4% below a year earlier.
Housing, environment and science news from across Canada.
The national benchmark price fell 0.4% during the month and was 3.4% below a year earlier.
A new RBC poll finds 53 percent of prospective buyers would consider living with parents to afford a home.
Home prices have fallen 20.5% from their peak, but real GDP has grown, partly due to high immigration, the bank's chief economist notes.
The average home price reached $929,600, up from August but down 4.1% compared to September 2025.
The new fund will provide grants and loans to non-profits to buy existing rental buildings and shield them from redevelopment.
Four front-running candidates are proposing different solutions to affordability, housing, crime and transportation ahead of the Oct. 26 election.
The benchmark price for a single-family home was $1,057,200 in September, nearly unchanged from August.
A credit union CEO says home prices must fall significantly from their current level to restore a sustainable market for first-time buyers.
High school students in Yellowknife moderated a forum where candidates for mayor and council addressed homelessness, transit and recreational funding.
As Ottawa invests $1.5 billion in new co-operative housing, experts say funding agreements should protect member communication and leadership renewal.
A new report says only 20% of apprentices complete their training, threatening plans to build more homes.
The firm is using prefabricated components and shared-living designs to help projects get built amid high construction costs.
The 1,100-unit Station House is part of a larger development that secured one of the largest CMHC-insured loans under the MLI Select program.