Tag: housing

Eviction filings are rising in several American cities, according to recent data collected by the Princeton University Eviction Lab. Princeton’s Eviction Tracking System has been keeping track of eviction filings across the United States since 2000 when the lab started to publish its findings. The findings are based on (pdf) tens of millions of public records from state and county databases. After a lull during ...

Alleviating Canada’s housing affordability crisis revolves around increasing the supply of homes. But with Ontario’s environment of rising interest rates, labour shortages, high input costs, and even inter-provincial migration out of the bigger cities, analysts are suggesting solutions range from incentives for developers and builders to re-thinking land-use policies. Ontario has a goal of building 1.5 million new homes by ...

Canada’s housing market has good reason to be rising despite 4.5 percentage points of Bank of Canada interest rate hikes since March last year. But policy-makers are taking steps to contain risks stemming from the housing market and analysts expect prices to start dropping. “I’m pretty sure the Bank of Canada is not happy seeing the housing market start to ...

The Greens are holding firm on their demands for renters as talks continue on the federal government’s proposed multibillion-dollar housing fund. Crunch time is approaching for the government’s $10 billion housing future fund legislation, which is due to hit the Senate during the upcoming sitting fortnight. The $10 billion would be invested to generate returns that will help subsidise 30,000 ...

Eight out of the 10 least affordable cities for homebuyers in the United States are located in California, according to a recent report, with the state’s median sales price of a home over 30 percent higher compared to the early pandemic period. The eight Californian cities include Santa Barbara, Berkeley, Santa Monica, Glendale, Burbank, Los Angeles, Pasadena, and San Francisco, ...