First Time Buyers
Policy
Canada Is Building Fewer Homes To Accommodate Population Growth Than Ever Before
A new study from CHBA reiterates a tune that the development industry and (some) policymakers have been singing for a while now: in order to achieve housing affordability, development charges and application timelines need to be reduced.
Mar 04, 2025
First Time Buyers
How ‘The Bank Of Mom And Dad’ Can Drive Today's Homeownership
It’s no secret that today's young adults — those currently looking to lay down roots — face a greater challenge than their parents and grandparents did on the homeownership front. Here's how Baby Boomers can help.
Taxes
7 Housing-Related Tax Incentives You Should Know About As Tax Season Starts
Today is the first day to file your 2024 tax return online ahead of the April 30th deadline.
Real Estate News
What The GTA Housing Market Can Expect In 2025
What can we expect come 2025? Is the growth we've seen sustainable? What will sell? Who will buy? Prices? Ahead of the new year, STOREYS spoke to experts and insiders to get an idea of how 2025 could play out.
Adding Value, Building Trust: How One Developer Revitalized A Langley Townhome Project
For Redekop Ferrario Properties (RFP), stepping in to take over Addition — a townhome project in a sought-after pocket of Langley — was about more than just delivering homes.
Policy
Bonnie Crombie's Housing Plan Targets DCs and Land Transfer Tax
The new plan aims to make housing more affordable by axing the Land Transfer Tax for first-time homebuyers, scrapping development charges on new homes under 3,000 sq. ft, and improving the renting industry.
Real Estate News
"A Return To Stability": Royal LePage Releases 2025 Home Price Forecast
Pending potentially damaging evolutions in political leadership, global conflict, and trade agreements, Royal LePage is predicting a return to stability in Canada's housing market come 2025, with prices appreciating at a steady rate.
First Time Buyers
Ontario's Suburbs Have Lost Some Shine Among New Homebuyers: Report
According to the 2024 New Home Buyers Report by Tarion, new homebuyers are no longer as keen on moving to suburbia as they recently were.
Real Estate News
No Regrets: Vast Majority Of Canadian Homeowners Don't Have Buyer's Remorse
Canadian homeowners don’t have buyer’s remorse when it comes to the roof over their heads with more than 75% who have purchased a home since 2019 saying they don’t regret the decision at all.
Real Estate News
For Young Canadians, The Dream Of Homeownership Is In Limbo
Despite lofty home prices and challenging borrowing conditions, young Canadians are “keen” to break into the housing market, one expert says — and they’re exploring more creative ways to do so.
Real Estate News
Half Of Canadians Think They Will Never Be Able To Buy A Home
The share of Canadians who think they will never break into the housing market has edged up 15% over the past six months, according to a new report.
Finance
Despite Sluggish Uptake Amongst Most Major Banks, “Tens Of Thousands” Have Opened An FHSA With RBC
Alongside National Bank, RBC is one of the few major Canadian banks to get their FHSA up and running in April. Scotiabank, CIBC, and BMO have indicated that their FHSAs will be available for customers later this year.
Real Estate News
More Than Two Thirds Of First-Time Homebuyers Worry About Affording A Down Payment
As home prices and interest rates rise, first-time homebuyers are increasingly worried about their ability to break into the market.
Real Estate News
Canadian Cities With the Cheapest First Year of Homeownership: Report
Want to enter the market while forking over less cash? A new report names 15 Canadian cities with the cheapest first year of homeownership.
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