Income Required for Homeownership in Canada: Expert Analysis
Real estate expert Christopher Liew breaks down the income thresholds necessary to purchase a home across Canada's major markets, examining factors like mortgage rates and housing prices.
Category : Real Estate
Hong Kong Offers to Buy Apartments from Fire Victims
The Hong Kong government has announced a voluntary buyback initiative for apartment ownerships following a devastating fire at the Wang Fuk Court complex in Tai Po, aiming to provide financial relief and support recovery efforts for affected residents.
AI Home Valuation Tools: Why Sellers Should Be Cautious
Real estate professional Brett Liscomb warns that AI-powered home valuation tools often provide inaccurate estimates, potentially costing sellers thousands. Learn why human expertise remains crucial in property assessment.
Developer Commits to Relocate Tenants in High-Rise Proposal
A London developer has committed to relocating and compensating tenants who would be displaced if a proposed high-rise building is approved by city council, addressing concerns about residential uncertainty.
N.D.G. Tenants Displaced One Month After Evacuation
Residents of an Old Orchard Ave. building in Montreal's N.D.G. neighborhood have been locked out for a month due to structural issues, with many alleging minimal support from landlord and city officials.
Income Needed to Afford a Home in Canada: Expert Analysis
Real estate expert Christopher Liew examines the actual income required to purchase a home across Canada, factoring in current market trends and financial pressures.
Calgary Advocates Push for Landlord Licensing System
ACORN Calgary members rally at City Hall, calling for a landlord licensing program to address unsafe living conditions and protect vulnerable renters from neglectful property owners.
Tecumseh Driveway Rules for Trailers and RVs
Residents in Tecumseh are questioning local bylaws regarding the parking of trailers and recreational vehicles in residential driveways, sparking community discussions about property use regulations.
Competition Bureau Expands Real Estate Probe to Vancouver
Canada's Competition Bureau has broadened its investigation into the real estate sector, now including the Vancouver board, amid concerns over anti-competitive practices.
STARS Lottery Dream Home Shines with Coastal Vibe in Calgary
Trico Homes unveils a $1.46 million coastal-inspired home for the STARS Lottery, featuring soft colors and luxurious details to support air ambulance services.
Edmonton Sees Rise in Multi-Generational Home Purchases
Edmonton families are increasingly pooling resources across generations to afford single-family homes, with builders responding to demand for larger, multi-generational housing designs.
RCMP Warns of Ongoing Rental Deposit Scams in New Brunswick
New Brunswick RCMP alerts the public to a continuing rental deposit fraud scheme, urging vigilance and verification before sending money to potential landlords.
Vancouver Council to Consider Towers on Molson Brewery Site
Vancouver city council will review a proposal to rezone the former Molson Brewery site for mixed-use high-rise development, potentially transforming the industrial landmark into residential towers and businesses.
Ontarians Flee GTA for Affordable Housing in Other Provinces
As Toronto's population declines for the first time in decades, Ontarians are moving to other provinces for better housing affordability, with experts warning of financial pitfalls.
Crosstown LRT Drives Toronto Real Estate Growth
The new Eglinton Crosstown LRT is transforming Toronto's real estate landscape, boosting property values in previously overlooked areas and attracting diverse buyers.
Ottawa Homebuying Income Drops to $122,440
The minimum household income needed to purchase a home in Ottawa has decreased by $2,000, now standing at $122,440, reflecting shifting market conditions.
AI Transforms Home Building in Tough Market Conditions
Builders are increasingly adopting artificial intelligence tools to enhance efficiency and reduce costs in home construction, with technologies like Togal.AI and OpenSpace AI gaining traction in the Greater Toronto Area.
Alberta Housing Markets Cool in Winter as Sales and Prices Drop
Calgary and Edmonton, once Canada's hottest housing markets, are experiencing a winter cooldown with sales falling by 15% and 27% respectively in January, signaling a shift towards a more balanced real estate environment.
Barrie's Give Back Rack Thrift Store Celebrates Grand Opening
The Give Back Rack thrift store celebrated its grand opening in Barrie, Ontario, on February 19, 2026, with a mission to support local charities and promote sustainable shopping.
GST/HST Cut Needed for All New Homebuyers, Not Just First-Timers
Brad Carr argues that expanding GST/HST rebates to all new homebuyers, not just first-timers, is crucial to reverse plummeting housing sales and stimulate construction amid Canada's ongoing housing crisis.
Mortgage Portability: A Critical Factor Beyond Interest Rates
Homebuyers often overlook mortgage portability while focusing on rates, risking financial traps when relocating. This article explains why portability policies are crucial for avoiding penalties and maintaining favorable terms.
Developer Offers Refund If Home Prices Drop in Canada
A Toronto-based developer introduces a groundbreaking guarantee, promising refunds to homebuyers if property values decline, addressing market volatility concerns.
Carleton Tavern: Let It Die a Dignified Death
As Ottawa's historic Carleton Tavern faces demolition for a 38-storey development, columnist Brigitte Pellerin argues against rebuilding a sanitized version, celebrating its authentic, unpretentious tavern culture instead.
Vancouver Council to Vote on West End Hotel Rezoning
Vancouver's city council is set to vote on a significant rezoning proposal for a 25-storey hotel in the West End, a decision that could reshape the neighborhood's skyline and economic landscape.
Edmonton Criticized for Below-Market Land Sale in Southwest
A local woman expresses disappointment as Edmonton sells land in Wedgewood Heights below market value, raising questions about municipal financial decisions and community impact.
White City Annexes 500 Acres from Edenwold for Housing Development
The Town of White City has officially annexed 504.4 acres from the Rural Municipality of Edenwold, paving the way for Bright Communities' proposed residential development called The Meadows, with construction targeted for 2027.
Wedgewood Heights Affordable Housing Plan Advances After Debate
Edmonton City Council approved the sale of surplus school grounds in Wedgewood Heights to Treaty 8 First Nations for $1, paving the way for 60 affordable townhouse units despite vocal opposition and a court-ordered public hearing.
Airspace Parcel Disputes Require Legal Counsel, Not Tribunal
A strata council in British Columbia faces complex issues with an airspace parcel owner over parking elevator access, highlighting legal gaps where the Civil Resolution Tribunal cannot intervene.
BC Budget Property Tax Hike Sparks Senior Outrage
North Shore seniors express fury over NDP budget's interest rate increase on deferred property taxes, citing financial strain from wastewater plant debt.
Quebec Homebuyers Skip Legal Warranty Despite Risks
A growing number of Quebec homebuyers are opting out of the legal warranty, exposing themselves to potential costly defects and legal disputes in the real estate market.
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