• Price spread between new and resale condos reveals market strength

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-10-22 14:16:43.0
    Tags: [Alberta, Housing, Affordability, Economy]

    A report by Real Property Solutions (RPS) indicates that the price spread between new and resale condominium units in Alberta widened from $84,000 in 2023 to $136,000 in 2025, reflecting market strength compared to tightening spreads in British Columbia and Ontario. According to Canada Mortgage and Housing Corp. statistics up to August 31, new condo development accounts for only 10 per cent of housing starts in Edmonton, while freehold ownership represents 47 per cent and rentals represent 43 per cent. Realtors Association of Edmonton statistics for September showed apartment resales down over eight per cent year over year, with an average condo price gaining 0.6 per cent to nearly $209,000, maintaining a buyer's market.

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  • Health care, affordability and the economy are the priorities in N.B. throne speech

    Source: New Brunswick - Regional News
    Date: 2026-10-20 16:31:56.0
    Tags: [New Brunswick, Healthcare, Affordability, Economy, Housing, Governance]

    The New Brunswick government's throne speech, read by Lt.-Gov. Louise Imbeault in Fredericton, outlines priorities centered on health care, affordability, and economic growth for the coming year. Premier Susan Holt's government announced that the opening of 30 new collaborative care clinics is ahead of schedule for completion by the end of 2027, alongside plans to name a mental health advocate and launch a health and long-term care workforce strategy. Additionally, the province is creating a trade diversification plan to target high-potential export markets outside the United States and is committing increased funding toward new housing infrastructure.

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  • Ottawa considering ‘options’ as foreign home buyer ban nears end: minister

    Source: Global News Politics
    Date: 2026-10-07 20:34:15.0
    Tags: [National, Housing, Affordability, Economy, Finance]

    Federal Finance Minister François-Philippe Champagne announced that the Liberal government is considering options regarding the future of the ban on foreign ownership of Canadian residential property. The restriction, originally enacted in 2022 to cool housing markets for Canadian buyers and previously extended in 2024, is scheduled to sunset in January 2027. The government's decision on whether to extend, modify, or allow the ban to expire will be evaluated based on housing stock availability and market evolution ahead of the upcoming federal budget.

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  • Edmonton's housing affordability predicted to remain solid

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-09-24 16:55:23.0
    Tags: [Alberta, Municipal, Housing, Affordability, Economy, Infrastructure]

    According to the Fall 2026 Housing Supply Report released by the Canada Mortgage and Housing Corp. (CMHC), Edmonton's housing affordability is predicted to return to 2019 levels within 10 years, moving from an average price-to-income ratio of 30 per cent down to 25 per cent. The CMHC report highlights that Edmonton has no measurable housing supply gap, driven by a sustained average annual start pace of 15,000 units, well-supported by recent high construction levels including a record-setting 21,337 starts in 2025. Realtors Association of Edmonton statistics note that Edmonton's average home prices have increased by more than 20 per cent over the past five years, while the city continues to experience strong economic growth of about six per cent annually.

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  • Maximum rent increase for P.E.I. tenants set at 2.1% for 2027

    Source: Prince Edward Island - Regional News
    Date: 2026-09-23 23:30:00.0
    Tags: [Prince Edward Island, Housing, Affordability, Economy]

    The Prince Edward Island Director of Residential Tenancy has set the maximum allowable annual rent increase at 2.1 percent, effective January 1, 2027. The decision followed a review of 85 submissions from landlords and tenants, balancing tenants' cost-of-living concerns against landlords' rising operational expenses, maintenance costs, property taxes, and interest rates. Under provincial law limiting maximum increases to three percent, landlords may apply to the P.E.I. Rental Office for an additional increase of up to three percent above the baseline cap, permitting a maximum possible increase of 5.1 percent in 2027. Landlords are restricted to raising rent once every 12 months and must provide tenants with three months' notice.

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  • Minister’s statement on September 2026 rental report

    Source: British Columbia - Government News
    Date: 2026-09-09 20:03:00.0
    Tags: [British Columbia, Housing, Affordability, Economy]

    According to a Rentals.ca report cited by the Ministry of Housing and Municipal Affairs, average asking rents in British Columbia decreased by 4.7% overall year over year, marking 26 consecutive months of rent declines. Specific municipal purpose-built rental decreases included Abbotsford at -10.5%, Coquitlam at -6.8%, Richmond at -6.2%, and Kelowna at -5.2%, while Vancouver purpose-built rents dropped 19% from their July 2023 peak. Minister Christine Boyle attributed the downward trend to provincial housing policies such as the speculation and vacancy tax and rent-increase caps linked to inflation, which was set at 2.2% for 2027. Recent housing developments highlighted by the ministry include 20 on-reserve rental homes for Lake Babine Nation in Tachet and Wit'At, nearly 120 rental homes planned for Vancouver's Downtown Eastside, 20 complex care housing units at 1102 Glenfair Dr. in Kamloops, and 50 units of recovery-oriented housing at 250 Bryden St. in Nanaimo.

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