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Hamilton home prices may rise if mortgage rate drops: CMHC - Hamilton - Vimarsana News

Hamilton home prices may rise if mortgage rate drops: CMHC - Hamilton

A three-year forecast from Canada’s housing agency suggests higher prices could be driven by increased home sales should mortgage rates drop.

Woman 'lives in fear' of eviction as Ontario rent prices continue to surge - Vimarsana News

Woman 'lives in fear' of eviction as Ontario rent prices continue to surge

Canada’s housing agency says low vacancies and rents growing much faster than people's incomes is making it tough all over for Ontario renters.

CMHC releases annual report, London rent averaging $1,650 - Vimarsana News

CMHC releases annual report, London rent averaging $1,650

There’s more discouraging news for London renters: the Canada Mortgage and Housing Corporation has released its annual rental report.

Housing starts across Canada fall seven per cent in 2023 - Vimarsana News

Housing starts across Canada fall seven per cent in 2023

While housing starts rose five per cent in 2023 across the GTA, the seasonally adjusted monthly numbers began to fall by year's end.

'Increasing demand' for secondary units as homebuyers grapple with rate hikes - Vimarsana News

'Increasing demand' for secondary units as homebuyers grapple with rate hikes

Canada has recently seen a ramp up in construction of secondary suites, like basement apartments and laneway homes. There is growing appeal to buy them, real estate experts say.

Source: q107.com