homes

Feds identify 56 government properties for conversion to affordable housing

Feds identify 56 government properties for conversion to affordable housing

Aug 25, 2024 | 2:59pm
The federal government has added 56 properties to a new public lands bank of locations that are suitable for long-term leases so developers can build housing, a move the Housing Minister says will help boost the supply of homes Canadians can afford.  Sean Fraser made the announcement Sunday in Halifax just ahead of a three-day […]
Average Canadian rent tops $2,200 in July even as pace of growth slows: report

Average Canadian rent tops $2,200 in July even as pace of growth slows: report

Aug 8, 2024 | 5:01am
Rents are still rising in Canada but the year-over-year pace of growth has slowed, according to a new report. The data from Rentals.ca and Urbanation says asking rents for all residential property types averaged $2,201 in July, up 5.9 per cent from last year. The year-over-year increase is the slowest rise since early 2022, while […]
CMHC says annual pace of housing starts in May up 10% from April

CMHC says annual pace of housing starts in May up 10% from April

Jun 17, 2024 | 7:12am
Canada Mortgage and Housing Corp. says the annual pace of housing starts in May climbed 10 per cent compared with April, helped by gains in Montreal and Toronto. The housing agency says the seasonally adjusted annual rate of housing starts in May amounted to 264,506 units, up from 241,111 in April. The move came as […]
Liberals must now sell a budget they say will help younger Canadians catch up

Liberals must now sell a budget they say will help younger Canadians catch up

Apr 17, 2024 | 8:25am
It’s now up to the federal Liberal government to sell a spending plan it says will help younger Canadians catch up to their elders. So far, if unsurprisingly, their critics and political rivals are unimpressed. The $535-billion budget seeks to restore economic fairness for millennials and gen-Z voters at a time when the minority government […]
Freeland to present federal budget today after teasing much of it in recent weeks

Freeland to present federal budget today after teasing much of it in recent weeks

Apr 16, 2024 | 6:47am
Finance Minister Chrystia Freeland is finally set to present the federal budget in the House of Commons on Tuesday afternoon, showcasing how the government plans to win back support from disgruntled Canadians worried about the cost of living.  The Liberal government has already unveiled significant planks of the budget over the last few weeks during […]
CMHC says annual pace of housing starts in October up 1% from September

CMHC says annual pace of housing starts in October up 1% from September

Nov 16, 2023 | 9:11am
Canada Mortgage and Housing Corp. says the annual pace of housing starts for October ticked up from September. The national housing agency says the seasonally adjusted annual rate of housing starts in October came in at 274,681, up one per cent from 270,669 in September. The increase came as the pace of urban housing starts […]
More homes sold, benchmark prices drop

More homes sold, benchmark prices drop

Sep 6, 2023 | 12:29pm
Local monthly home sale numbers were released today by the Saskatchewan Realtors Association. The City of Regina reported 359 home sales in August, a year-over-year increase of nearly 6 per cent and 22 per cent above long-term, 10-year trends. The realtors say that rising August sales were met with a pullback in new listings, resulting in […]

Fines handed out to an RM, a business and two landowners

Aug 15, 2023 | 10:00am

Fines have been handed out for the illegal disposal, burning, and disposal of demolition waste. This happened in the RM of Wheatlands in December of 2022.  The RM itself, Morsky Industrial Services and Parkbeg-area landowners Dale Young and Aaron Lambert were all charged. All of them plead guilty to charges under the Environmental Management and […]

Wildfire roundup: What you need to know about blazes burning across Canada

Jun 11, 2023 | 9:48am

Wildfires are burning dangerously close to a central Albertan town in what federal officials say is an “unprecedented” fire season across Canada. Here’s a look at developments Sunday: Fire chews through transmission towers near Edson Alberta’s largest regulated electricity transmission company is warning residents in areas near the town of Edson to be prepared for […]

House Sales Continuing to Slow in Saskatchewan

Mar 3, 2023 | 8:12am

The pace of house sales continues to slow in Saskatchewan. According to the Saskatchewan Realtors Association, there were 854 sales across the province in the month of February. That’s down 19 percent compared to February of last year. “We continue to see higher lending rates and supply challenges contribute to a pullback in sales,” said […]

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