In late November, President-elect Donald Trump took to X to share that, once sworn in on January 20, he would impose a 25% tariff on all imported goods from Mexico and, yes, Canada. Nearly two months later, Trump seems to be sticking to his guns, raising alarm amongst Canadian politicians.On January...| Storeys
For some Americans who have found themselves in an increasingly concerning and hostile political environment as the US presidential election ramps up, the only way out is through... that is, through the border and into Canada. According to data released Wednesday by Royal LePage, US-originated sessi...| Storeys
Of the buildings offering incentives, 39% offered free rent for one month, while 23% offered free rent for two months.| Storeys
The most recent data from the Building Industry and Land Development Association shows that new homes sales in the GTA remained low in September, representing "another slow month [...] despite three successive Bank of Canada rate cuts," said Edward Jegg, Research Manager with Altus Group.There were ...| Storeys
Average asking rent in Canada has grown by 4% annually over the last five years, while average annual wage growth has only been around 3%, indicating worsened affordability.| Storeys
Canadian rents continued to slide in June, with the most pronounced declines reported in BC and Alberta and in Canada's largest cities. Driving the decline is a combination of low immigration and over supply leading to higher vacancy rates and longer vacancy terms, under which landlords are beginnin...| Storeys
Despite constant calls to build, build, build and a recent boom in purpose-built rental (PBR) projects, the narrative is still the same: Ontario is not building rental units fast enough to meet rising demand."Without a significant improvement in the economic feasibility of building purpose-built ren...| STOREYS
If 2025 is beginning to feel like a large and daunting question mark, you're not alone. From geopolitical conflict to economic uncertainty, there's plenty to keep a fretful eye on, especially as it relates to Canada's housing markets and real estate industry.In hopes of quelling (at least some of) t...| STOREYS
Conservative Party Pierre Poilievre continues to make a big splash as he makes his way through the race to be Canada’s next Prime Minister. Last week, he made headlines when he pledged to “axe” the goods and services tax on new homes sold for less than $1 million.Now, he’s doubling down. In a letter...| STOREYS
Former-Finance Minister and Liberal leadership candidate Chrystia Freeland released a housing plan Monday that hones in on immigration, cutting development charges and red tape, and one-upping Conservative Party Leader Pierre Poilievre's promise to "axe the tax."Since her dramatic stepping-down as F...| STOREYS