Zakiya Kassam

“We continue to expect one more 50-bps rate cut from the BoC this December to bring the overnight rate to the top end of the BoC’s estimate of its neutral range (3.25%) before a return to a more gradual pace of easing in 2025;”

We’re at a really nuanced point in the Toronto area’s rental market. The market continues to be exorbitant, but it’s definitely cooling. Still, that hasn’t put an end to the complications arising due to the fact that it’s a tough market for renters to break into — even if rents are continually comin...

On Friday morning, Statistics Canada unveiled the very first release of their Residential Renovation Price Index (RRPI). It’s “a program that provides a comprehensive portrait of the changes in the cost to complete residential renovation projects in Canada,” according to the government agency. “Ther...

Earlier this month, the Ontario courts gave the green-light for the marketing and sale of development lands and individual vacant lots across Brampton and Caledon that there were anticipated to accommodate a range of single-family homes, townhomes, mid-rises, and high-rises. Those lands were placed ...

“Getting rid of the GST on new home builds will stimulate 30,000 additional homes built every single year, which, incidentally, will actually generate more income tax revenue for the government without raising rates,” Poilievre told reporters on Monday.

We may be in the thick of a housing crisis, but there’s still a deluge of condo listings that are sitting, more or less untouched, on the Greater Toronto Area’s market. According to a figure provided to STOREYS by Urbanation President, Shaun Hildebrand, the GTA is currently grappling with almost 40,...

Toronto City Council is due to consider a new Purpose-Built Rental Homes Incentive on November 13.

The Ontario Land Tribunal has granted critical approvals for the (somewhat contentious) redevelopment of the Japanese Canadian Cultural Centre — a Toronto landmark at 123 Wynford Drive that some have argued holds not only architectural significance due to its ties to Raymond Moriyama, but historical...

In a letter to premiers, Poilievre asked to “match my common sense sales tax cut with one of your own by axing the provincial sales tax (where applicable) on new homes under $1 million.”

The national average was pulled down by steep annual rent declines observed in Toronto (-9%) and Vancouver (-8%) as renters flocked to more affordable markets.