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Housing-demand

China property: Beijing becomes last major mainland city to ease housing rules

by Ron Morgan
China property: Beijing becomes last major mainland city to ease housing rules

Beijing, China’s capital, has finally joined other major Chinese cities in relaxing home buying restrictions to bolster the property market. The Beijing Municipal Commission of Housing and Urban Development said …

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Undeterred by cooling demand, Singapore moves to spur private home building

by Walter Watson
Undeterred by cooling demand, Singapore moves to spur private home building

Singapore is moving forward with a plan to release the most private housing supply since 2013 even as interest from developers cools. The government plans to supply land that will …

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Are you renting with no plans to buy? Here’s what the federal budget has for you

by Anas Siddiqui
Are you renting with no plans to buy? Here’s what the federal budget has for you

The federal government tabled its annual budget on Tuesday with a promise to open the door to homeownership for millennial and Gen Z renters. You’ll have to read the fine …

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Apartment construction surged last year but demand still outpacing supply, says CMHC

by Anas Siddiqui
Apartment construction surged last year but demand still outpacing supply, says CMHC

A surge in new apartment construction drove housing start increases in some major Canadian cities last year, but demand continues to outweigh supply, according to a report released Wednesday by the …

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Bank of Canada worries a rate cut now could overheat the spring housing market

by Anas Siddiqui
Bank of Canada worries a rate cut now could overheat the spring housing market

The Bank of Canada is trying to thread a needle. It’s keeping rates higher for longer at least in part because it’s worried a rate cut now could undermine the …

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Rent hits another record high in January as average asking price reaches $2,196

by Anas Siddiqui
Rent hits another record high in January as average asking price reaches ,196

The average asking price for rent in Canada reached $2,196 in January, a 10 per cent increase from this time last year — marking another record high amid a deepening rental crisis. According to data released …

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High interest rates aren’t to blame for housing crisis, Bank of Canada governor says

by Anas Siddiqui
High interest rates aren’t to blame for housing crisis, Bank of Canada governor says

Bank of Canada governor Tiff Macklem says the central bank can’t solve the housing crisis with interest rates because the root cause is a supply shortage. Macklem faced multiple questions on …

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China property: Suzhou, Shanghai and Guangzhou ease home-buying restrictions as policy support gathers pace

by Anas Siddiqui
China property: Suzhou, Shanghai and Guangzhou ease home-buying restrictions as policy support gathers pace

China’s measures to boost the nation’s troubled housing market are trickling down to the provincial and city levels, with more cities relaxing curbs to buy property. Suzhou, Shanghai and Guangzhou …

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Bank of Canada says government efforts to curb housing crisis will help ‘gradually’

by Anas Siddiqui
Bank of Canada says government efforts to curb housing crisis will help ‘gradually’

The Bank of Canada says record levels of immigration are driving up the cost of housing and recent government efforts to cut the number of non-permanent residents and encourage home building …

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Some mortgage rates are dropping, but renewed loans could keep economy slow

by Anas Siddiqui
Some mortgage rates are dropping, but renewed loans could keep economy slow

As some Canadian lenders expect central banks, such as the Bank of Canada, to lower influential interest rates in 2024, borrowers can expect a late Christmas present with lower rates on …

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