Real Estate News

StatCan Links Declining Construction Productivity to Canada’s Housing Affordability Challenges

StatCan Links Declining Construction Productivity to Canada’s Housing Affordability Challenges

A Statistics Canada study says declining construction productivity—especially among small firms—is worsening Canada’s housing affordability challenges. Labour productivity in housing construction has fallen sharply, with rising employment outpacing output for over two decades. Experts say the industry must adopt new technologies and more efficient building methods to meet future housing needs. Ontario saw the largest productivity drop, underscoring the need for major structural improvements. #RealEstate #HousingAffordability #CanadaHousing #ConstructionIndustry […]

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CREA Says Harsh Ontario Snowstorm Helped Push January Home Sales Lower

CREA Says Harsh Ontario Snowstorm Helped Push January Home Sales Lower

Canada’s housing market saw a 5.8% drop in sales in January, with CREA citing a severe Ontario snowstorm as a major contributor to the slowdown. Market softness from late 2025 also carried into the new year, keeping many buyers on the sidelines. Prices dipped year over year, and affordability remains challenging for first-time buyers. CREA still expects modest improvement in 2026. #RealEstate #HousingMarket #CanadaRealEstate […]

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Canadian Housing Market Shows Early Signs of Buyer Activity Heading Into 2026

Canadian Housing Market Shows Early Signs of Buyer Activity Heading Into 2026

Several Canadian housing markets saw renewed buyer activity in November, with notable month-over-month resale increases in multiple regions, even as overall activity stayed below prior year levels. Toronto and Hamilton continued to lag, while Montreal and Calgary showed signs of improving demand and pricing trends. In Vancouver, resales ticked up but remained quiet amid affordability challenges. Regional performance varied widely as 2025 wound down. #RealEstate #HousingMarket #CanadaRealEstate […]

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Re/Max Predicts Modest Home Sales Recovery in 2026 Amid Growing Inventory

Re/Max Predicts Modest Home Sales Recovery in 2026 Amid Growing Inventory

Canada’s housing market could see a turnaround in 2026 as buyer interest remains strong and inventory continues to build. Re/Max forecasts higher home sales next year despite widespread declines across most markets in 2025. Rising listings are expected to create more balanced conditions, with average prices projected to ease. First-time buyers are anticipated to play a growing role in the recovery. #RealEstate #HousingMarket #CanadaRealEstate […]

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Ottawa and Federal Government Launch $400M Partnership to Accelerate Affordable Housing

Ottawa and Federal Government Launch $400M Partnership to Accelerate Affordable Housing

Ottawa and the federal government are joining forces on a $400-million plan to build up to 3,000 affordable homes, with construction set to begin next year. The partnership includes major fee waivers from the city and federal financing for units on public land. The announcement also introduced new initiatives focused on defence-sector growth and community health. #CanadaRealEstate #AffordableHousing #Ottawa […]

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Marco Momeni King of Condos
Marco Momeni King of Condos
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