Potential exists that first-time homebuyers are starting to get priced out of the market
New mortgage stress rules come into effect on June 1
Many households have taken on large mortgages compared with their income
Market watchers say a countrywide tax on non-resident homebuyers amounts to a ham-fisted approach
CMHC says the six-month moving average of the monthly seasonally adjusted annual rates was 273,664 in March
And still no protection for people who can’t pay rent due to COVID-19
Lumber prices have added as much as $30K to the construction cost of a typical 2,500-square-foot house
The report also forecasts a firmer rental market through 2022 as economic conditions normalize
Indigenous housing providers are pushing for the government to finally unveil a plan
The seasonally adjusted annual rate of housing starts rose to 214,875 units last month
The COVID-19 pandemic has made housing affordability an even bigger issue
A potential second wave of the virus, higher unemployment and the pace of an economic recovery could affect housing
CMHC said average housing prices could fall anywhere from nine to 18 per cent in its forecast
Abbotsford homeless advocate says grief has distinct challenges for those living on the streets
Rate increase will likely mean buyers take a more cautious approach
