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1. U.S. cities increase affordability while housing costs rise in Canada’s major centres

   In some Canadian cities, housing costs grew more than 50 per cent faster than incomes. ...

2. Changes in the Affordability of Housing in Canadian and American Cities, 2006–2016

   By bringing together workers, capital, businesses, and ideas in a compact geographic market, cities promote improved productivity performance, and thereby faster economic growth and higher real incomes for workers. The affordability of housing in a city ...

3. If millennials have no money, how can house prices be high?

   As I was driving to the federal budget lockup in Ottawa Tuesday morning, CBC’s The Current was running a discussion of the problems millennials are having “trying to get a foot on the property ladder.” The news hook was that, judging by ...

4. Feds should not get more involved in housing markets

   Average home prices are up almost 60 per cent in the GTA and 70 per cent in Metro Vancouver. ...

5. The most tangible threats to cities are manmade

   Although best known to Canadians as Halloween, October 31 is also World Cities Day —a time to think a bit, between the candy and costumes, about why cities are important and some key challenges they face. Canada is an urban country, with ...

6. B.C. budget—housing plan anything but ‘comprehensive’

   The B.C. government’s 2018 budget was widely expected to include measures aimed at housing affordability in the province’s most expensive real estate markets. Unfortunately, the measures announced continue to target the symptoms rather ...

7. It’s time for a balanced approach to understanding home prices

   House prices in Canada’s most desirable urban areas remain persistently high, and for years, headlines and government policies have focused almost exclusively on the demand side of the equation. In particular, relatively small pockets of ...

8. Focus on foreign buyers overlooks source of most housing demand in Canada

   The Canada Mortgage and Housing Corporation (CMHC), partnering with Statistics Canada, recently released much-awaited data tracking the share of home ownership by non-residents (individuals whose principal dwelling is outside of Canada) ...

9. Interest Rates and Mortgage Borrowing Power in Canada

   One often-overlooked contributing factor to rising home prices in Canada is mortgage interest rates. Between 2000 and 2016, the prevailing mortgage interest rate declined from 7.0 percent o 2.7 percent. This decline resulted in a 52.9 percent ...

10. Red tape in Calgary stifling housing supply as home prices soar

    Average house prices up almost 140 per cent in Calgary and more than 160 per cent in Edmonton. ...