Imagine you could spend your entire income to pay off your mortgage faster. To determine how long that might take, researchers at Point2 Homes calculated the median multiple (ratio of median house price to median household … Read More
Read articleAlberta housing market

Unlike its southern neighbour Calgary, the city of Edmonton has seen a year-over-year decrease in the average price of a home. The average house price in Edmonton was $357,916 in December, down 1.8% from the previous … Read More
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Calgary has seen an increase in average home prices since 2015 but still remains below the national average. According to the Canadian Real Estate Association (CREA), the average home price in Calgary is $468,659.
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Red tape is a key detriment to the availability of affordable housing, according to the Fraser Institute. The public policy think tank says higher-end communities are using red tape and development charges as a tool to … Read More
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Quarter after quarter, Canada has seen home prices rise in many of its real estate markets, which raises questions about how homebuyers are adapting to this breakneck pace. Have they adjusted their searches to new home … Read More
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It’s increasingly becoming more unaffordable for millennials to buy a house close to the downtown core of major cities like Vancouver and Toronto. Our generation is faced with a few options: Continue renting, buy a house … Read More
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