Canadian housing market /newsroom/taxonomy/term/9570/all en Expert: Canada’s housing market outlook in 2024  /newsroom/channels/news/expert-canadas-housing-market-outlook-2024-355141 <p>Interest rates will continue to dictate the outcome of Canada’s housing market in 2024 with the first and second halves showing different pictures. RBC’s latest housing report projects slow activity and softer prices in the early part of the year as the Bank of Canada maintains its policy rate at a two-decade high and home ownership stays out of reach for many potential buyers. But a pivot toward rate cuts mid-year will get the wheels turning faster over the second half or perhaps even sooner.</p> Wed, 31 Jan 2024 15:57:07 +0000 keila.depape@mcgill.ca 307676 at /newsroom Expert: Main federal parties all say they'll make housing more affordable /newsroom/channels/news/expert-main-federal-parties-all-say-theyll-make-housing-more-affordable-333302 <p>Canadian voters will be hearing a similar message from each of the major federal parties during the current election campaign: housing has grown too expensive, and we have a plan to fix it. The consensus reflects the increasingly dire state of housing in Canada, experts say, which affects everyone from prospective homeowners feeling squeezed out of the market to lower-income families languishing on waiting lists for affordable housing. (<a href="https://www.cbc.ca/news/politics/affordable-housing-2021-election-1.6145799" target="_blank">CBC News</a>)</p> Wed, 15 Sep 2021 13:21:29 +0000 frederique.mazerolle@mcgill.ca 275187 at /newsroom David Wachsmuth /newsroom/david-wachsmuth Wed, 28 Apr 2021 21:14:13 +0000 frederique.mazerolle@mcgill.ca 261969 at /newsroom Expert: Montreal residents decry Airbnb rentals /newsroom/channels/news/expert-montreal-residents-decry-airbnb-rentals-320338 <p>The sound of people vomiting at 3 a.m., neighbours who open their windows to scream “I love you, Montreal!” at all hours of the night and a frat house atmosphere taking over the building. This is how Manon Wascher describes the “Airbnb nightmare” she has gone through since the apartment complex she lives in on Guy St. was sold four years ago. Wascher says there are between 30 and 50 of the building’s 230 units being rented on the popular travel website.</p> Tue, 11 Feb 2020 17:44:48 +0000 frederique.mazerolle@mcgill.ca 198441 at /newsroom Airbnb’s impact on Canadian housing markets /newsroom/channels/news/airbnbs-impact-canadian-housing-markets-269333 <p> Thu, 10 Aug 2017 17:51:45 +0000 cynthia.lee@mcgill.ca 32164 at /newsroom