This week’s Hits and Misses column focuses on the intersection of real estate and politics, with stops in Washington, Ottawa, Sacramento, and Animal Crossing. Hit: Here Comes the DOGE Wrecking Ball. The new Department of Government Efficiency (DOGE) under the...
Toronto-headquartered Equitable Bank is rolling out the Laneway House Mortgage, a construction loan designed to help Canadian homeowners finance the building of laneway homes or garden suites on their property. The new loan product will initially be available in the...
Home sales across Canada during July were down by 0.7% month-over-month but were also up 4.8% from one year earlier, according to the Canadian Real Estate Association (CREA). Monthly changes in sales activity were generally small in the larger urban centers, with...
July housing starts in Canada totaled 279,509 units on a seasonally adjusted annualized rate (SAAR), up 16% from June’s total of 241,643, according to Canada Mortgage and Housing Corporation (CMHC). July’s activity was the highest since June 2023, when they exceeded...
Canada Mortgage and Housing Corporation (CMHC) has announced its new Frequent Builder framework to speed the creation of affordable and rental homes by expediting the application process for housing providers. The new framework will target experienced housing...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
