Canadian housing is showing its most affordable point in three years—but don't say “hooray” just yet. A median household in the first quarter of 2025 needed to spend about 55 percent of its income on just the basics—that means mortgage payments, taxes, and utilities—for a typical home. That’s a step down from 60.7 percent last year, yet it barely edges below the worst levels seen during the 1990s real estate bubble.

This elegant home at 23 Lytton Boulevard in Toronto’s leafy Lytton Park looks as if it has stood for decades. Its soft yellow brick, climbing ivy and classic lanterns give it the feeling of a historic property. Passersby often pause and wonder if it’s a restored home from the past. In reality, this beautiful residence was freshly built in 2023.

An enclosed patio, often called a sunroom, adds valuable space to a home. It brings in natural light, creates a relaxing spot to unwind, and adds curb appeal. But too often, this space sits unused in the colder months or becomes too hot during summer. That’s a wasted opportunity. A well-designed sunroom can be comfortable and functional every day of the year.

Vancouver City Council has approved a big project at 1780 East Broadway, the site of a Safeway and its parking lot near the Commercial-Broadway SkyTrain station. The plan replaces those with three tall towers—ranging from 36 to 43 storeys—for rental housing, retail space including an expanded Safeway, a daycare, and public plazas. The decision came after a long approval process that stretched over many years.

Cam Good of KEY Marketing recently led a bold one-day flash sale called “Condo Day” for the Belvedere tower in Surrey, where 63 of 78 available units sold in just a few hours. Buyers snapped them up at about 25 percent below the usual local price—which helped pull them off the market quickly and created real momentum for the project.

Condo living has become more popular in urban areas where space is limited but the desire for style and comfort remains strong. As more people choose condos for their convenience and location, smart remodeling is the key to making these compact spaces feel bigger, brighter, and more personal. In 2025, home remodeling trends are focusing on functionality, minimalism, and technology—perfect for condos where every inch matters.

It may surprise some Canadians to learn that in early 2025 the country saw more people leave than at almost any time in its modern history. In the first quarter, about 27,100 Canadians and permanent residents emigrated, making it the second-largest outflow ever recorded for that period. Over the past 12 months, more than 106,900 people moved abroad — numbers not seen since 2017.

Canadian real estate is technically more affordable now than it has been in the past three years, but that doesn’t tell the full story. A median-income household would now need to spend about 55% of its income on owning a benchmark home—covering mortgage payments, property taxes, and utilities as of the first quarter of 2025.

When buying a condo, most people focus on location, price, and amenities. But one hidden factor can turn a dream purchase into a costly burden—unexpected maintenance fee increases. These fees can rise sharply if a building’s reserve fund is poorly managed or not properly audited. This can lead to "maintenance fee shock," where owners are blindsided by sudden hikes in their monthly dues. It's a problem that’s entirely avoidable with smart planning.

If you have some extra cash, making a lump-sum payment on your mortgage can save you a lot of money. Experts say it’s wise to do this before your mortgage interest rate goes up. That way, you reduce the principal amount that interest is calculated on, which could help you manage higher costs when it’s time to renew.

It may seem surprising, but right now many experts believe it’s a smart time to buy a home in Canada. Mortgage rates have pulled back a bit after peaking, and while rates are still higher than a few years ago, they’re expected to edge lower in the coming months. That shift gives buyers more breathing room to step into the market before rates climb again.

Creating a relaxing outdoor space doesn’t have to drain your bank account. Whether you have a tiny balcony, a cozy patio, or a backyard, there are simple and budget-friendly ways to breathe new life into it. Many people think they need to invest in expensive furniture or a full makeover, but the truth is you can make a big impact with small changes. With a little creativity and effort, your outdoor area can feel brand new without a huge cost.

Plans for the Niagara 77 project in Niagara Falls, Ontario were first submitted in the spring of 2022. The proposal calls for a 77-storey condominium tower—about 735 feet tall—that would have ranked among the tallest residential buildings in Canada. Designed by Chamberlain Architect Services and led by La Pue International and Fugiel International Group, the project is meant to include condos, townhomes, and retail space in a mixed-use development.

Marvin Teperman, who passed away peacefully on June 6, 2025 at age 93, is remembered as a quiet giant in the world of city building. As the grandson of Samuel Teperman, founder of Teperman Wrecking, Marvin took the reins of his family’s demolition business and transformed it from a labour-intensive small operation into a sprawling institution, active across Canada and into the United States. He guided the company’s expansion with a steady hand and sharp vision.

August is the perfect time for a clean-out. Summer is wrapping up, school is about to start, and the holidays are just a few months away. It's a great moment to reset your space and get rid of the clutter that’s been building up. But when most people think of cleaning, they focus on the same few areas—closets, kitchens, garages. The truth is, there are plenty of forgotten places in your home that collect dust, mess, and junk over time.

The Bank of Canada’s latest data shows headline inflation in Canada remained flat at 1.7 percent in May, unchanged from April. On the surface, that might look promising—but policymakers are wary that the removal of the carbon tax is still distorting energy prices, masking underlying inflationary strength. RBC economists note that nearly half of all consumer goods and services rose faster than the Bank’s target inflation rate in that period.

Built in 1922, this lovely detached house stands at 40 Admiral Road in Toronto’s storied Annex neighbourhood and carries a price tag of around $4.1 million. With five bedrooms and five bathrooms, the nearly century‑old home combines old‑world charm and updated amenities in a graceful way.

As summer starts to fade, August is the perfect time to prepare your home for the cooler months ahead. While the days are still warm and the evenings are long, taking care of a few key tasks now can save you time, money, and stress once fall arrives. Getting ahead of seasonal changes helps you avoid last-minute repairs and ensures your home stays safe and comfortable as temperatures drop.

Burnaby city council has taken a meaningful step by granting first and second reading to a redevelopment plan for a 50-storey rental tower and community hub, marking what is now the largest project moving ahead under British Columbia’s BC Builds program. Scheduled for 7135 Walker Avenue and 7244 Arcola Street in the Edmonds neighbourhood, this project is being led by Gracorp in partnership with The Neighbourhood Church, which is providing the land for the development.

Canada’s average asking rent has dropped for the eighth straight month in May, falling 3.3 per cent from last May’s peak of $2,202 to around $2,129. That marks the ninth consecutive monthly year-over-year decline in national rent rates, showing a cooling trend in the rental market. Yet despite this recent dip, rents remain well above earlier levels: compared with three years ago, average asking rents are still about 12 per cent higher.

Coming home from vacation should feel relaxing—but it often doesn’t. The moment you step inside, you’re hit with laundry piles, stale air, forgotten dishes, and cluttered counters. After a fun trip away, your house may look more messy than welcoming. That "lived-in" look can make it hard to settle back in, even though you just got back from resting.

Canadian condo prices have fallen for the 19th month in a row, reaching their lowest level since 2021. The benchmark price of a typical condo apartment dropped again in May, continuing a steady decline that began in early 2024. This ongoing drop marks one of the longest downturns the condo market has seen in recent years.

Canada’s population growth came to a near-standstill in the first quarter of 2025, adding just 20,107 people. This is essentially flat growth in a country of over 41 million. It marks the slowest quarterly pace in nearly 80 years, outside of pandemic disruptions. The main cause is a sharp drop in the number of newcomers, as new federal limits on immigration and international students took hold.

August heat is relentless. The sun beats down from early morning to late evening, and stepping outside can feel like walking into an oven. For those who hate being hot, summer becomes a daily struggle. Clothes stick to your skin, your face gets shiny within minutes, and even the shortest walk leaves you sweaty and uncomfortable. Staying cool in extreme heat isn’t just about comfort—it’s about finding simple, smart ways to get through the day without constantly wiping your forehead.

A growing number of Canadians planning to retire in the next couple of years expect to still be paying off their mortgages when they leave the workforce. Nearly three in ten Canadians preparing to retire in 2025 or 2026 say their home will not yet be fully paid off when they stop working. That marks a sharp rise from just a decade ago, when far fewer retirees carried such debt.