Canadian Housing Affordability Hits New Low as GTA Sales Bounce Back

Nearly one in four Canadian households are living in unaffordable housing, according to a new Statistics Canada report. The figure hit 23.2 per cent in 2024, up from 22 per cent in 2022 — a clear sign the crisis is worsening despite various government interventions.

GTA Sales Show Signs of Life

New home sales in the Greater Toronto Area are showing positive momentum for the fifth straight month. August saw 907 new home sales, with...