Home sales in Ontario have significantly increased in the second quarter of 2026, following the provincial government’s Harmonized Sales Tax (HST) cut for new homes. A report by Building Industry and Land Development Association (BILD) and Ontario Home Builders’...
Ontario’s new home sales skyrocketed in the second quarter, with the building industry crediting a federal HST rebate for helping to bring some buyers back into the market. New data tracked by the Building Industry and Land Development Association (BILD) shows more...
Canada's total value of building permits rebounded $2.3 billion to $14.9 billion in June. That's an 18.5% monthly increase that more than erased the combined declines recorded in April and May, according to Statistics Canada. The reversal was driven overwhelmingly by...
In 2025, Karen Doering listed a home in a challenging market where comparable properties were sitting unsold. “Beyond the renovation, we need to address the problems,” says Doering, a sales representative with Bosley Real Estate in Toronto. “People need to walk in and...
Canada’s housing conversation has reached a turning point. The Government of Canada and Government of British Columbia recently announced a new partnership to accelerate homebuilding by investing in house-enabling infrastructure, reducing barriers to new construction,...
About six months after publishing their 2026 Housing Market Outlook, the Canada Mortgage and Housing Corporation (CMHC) says that what was already a weak housing market has actually proven even weaker than expected. “Housing market activity in 2026 has so far been...
The Bank of Canada’s decision to hold interest rates steady again on Wednesday came as no surprise, but a fresh upsurge in oil prices and a new escalation in the US-Iran war are raising questions about whether hikes could be ahead before the end of the year. The...
The emerging market recovery in Canada appears to be holding—albeit just barely. A 0.5% rise in home resales in June from May extended the winning streak to three months, but marks a sharp deceleration from the robust 5.5% advance the previous month. Many prospective...
Canada's economy has shaken off two quarters of stagnant activity and is now tracking a meaningful rebound in the second quarter of 2026, according to a forecast update by RBC Economics senior economist Claire Fan. The recovery is being driven by resilient household...
Quebec developer Francis Roy has worked for six years toward what was supposed to become one of the province’s largest residential projects…Canada has about $555-billion worth of wastewater, drinking water and solid waste infrastructure, according to Statistics Canada...