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Canadian Housing Market Outlook in 2024

Looking ahead to the Canadian housing market in 2024, experts and analysts anticipate a gradual recovery, driven by stabilized interest rates and a return in demand. Learn more about the market updates.

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City of Toronto Enforces Measures to Tackle Budget Deficit

In response to a financial crisis, the City of Toronto has embarked on a mission to strengthen its fiscal foundation. Faced with immediate and long-term challenges, the Canadian government has introduced measures to bolster the city's financial resilience.

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Housing Is Costing Ontario Its Edge

The recent correction of the Canadian real estate market has given hope to young adults, but the Greater Toronto Area (GTA)'s housing remains unattainable for most. Despite a potential 30% price drop in a deep recession, affordability remains a pressing issue, causing Ontario’s youth to seek more affordable options in other provinces.

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Amendments to Foreign Buyer Ban Now in Effect

In line with the implementation of the Prohibition on the Purchase of Residential Property by Non-Canadians Act, commonly referred to as the Ban on Foreign Homebuyers in Canada, the Government of Canada has announced a series of amendments to the legislation governing residential property purchases by non-Canadians, which are now in effect.

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