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economy
B.C. considers cap on rent increases as inflation-fighting tool
Construction cranes tower above condos under construction near southeast False Creek in Vancouver, on February 9, 2020. THE CANADIAN PRESS/Darryl Dyck
opinion
The next round of parental finance support to adult kids: Help paying the mortgage
Rob Carrick
inside the market
Rob Carrick: Paid off your mortgage? It might be time to invest in your house
Home repairs are seen being done in downtown Montreal on April 8, 2021.
u.s. business
U.S. pending home sales unexpectedly rebound in May
FILE - A home for sale is seen Tuesday, Dec. 8, 2020, in Orlando, Fla. Sales of previously occupied U.S. homes slowed for the fourth consecutive month in May as climbing mortgage rates and prices discouraged many would-be buyers. The National Association of Realtors said Tuesday, June 21, 2022, that existing home sales fell 3.4% last month from April to a seasonally adjusted annual rate of 5.41 million. (AP Photo/John Raoux, File)
done deal
Yorkville condo in need of a reno gets two offers
Done Deal, 175 Cumberland St., No. 2202, Toronto
done deal
Calgary bungalow attracts five bids after five days on market
Done Deal, 3804 31 St. SW., Calgary
done deal
Market swerve calls for change of tactics in Toronto row house sale
Done Deal, 10 Rolston Ave., Toronto
opinion
Canada isn’t prepared to deal with large investors’ growing interest in single-family homes
Brian Milner
cost of living
Canada’s home renovation boom under pressure amid soaring costs, rising rates
Hillary and Andrew Strack-Cheng with their kids Leland (9-months-old), and Juniper (5-years-old) in their east end home on Wednesday, June 22, 2022. Supply chain and other issues have caused a stalled renovation leaving their home unliveable under the timeline initially projected. (Cole Burston/The Globe and Mail)
opinion
B.C. landlords and tenants cheer move to record arbitration hearings
Kerry Gold
done deal
Neighbourhood keeps buyers away for live/work space near Downtown Eastside
Done Deal, 85 Gore Ave., Vancouver
real estate
Heat pumps - cutting costs while cooling tenants
Balcony-mounted heat pumps at an installation in Mississauga, Ont. The low-carbon HVAC system provides both heating and cooling and uses a quarter to a third of the electricity of baseboards heaters.
opinion
Canada needs more housing. Much, much more
The Editorial Board
report on business
Canada needs 5.8 million new homes by 2030 to bring prices down to affordable levels, CMHC says
New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick
u.s. business
Average long-term U.S. mortgage rates inch up to 5.81%
FILE - A home with a "Sold" sign is shown, Sunday, May 2, 2021, in Surfside, Fla. Average long-term U.S. mortgage rates inched up this week following last week’s mammoth jump, the biggest in 35 years. Mortgage buyer Freddie Mac reported Thursday, June 23, 2022, that the 30-year rate ticked up to 5.81% this week, from last week’s 5.78%. (AP Photo/Wilfredo Lee, File)
done deal
Tinkering with price and appearance helps move double-sized North York suite
Done Deal, 18 William Carson Cres., No. 510, Toronto
report on business
To reach affordability, 3.5 million more homes need to be built by 2030: CMHC
Houses are seen on Squamish Nation land in North Vancouver, on Tuesday, February 22, 2022. Minister of Housing and Diversity and Inclusion Ahmed Hussen announced funding for two Squamish Nation housing projects on Tuesday. THE CANADIAN PRESS/Darryl Dyck **DO NOT USE WITH GENERIC REAL ESTATE STORIES. THESE ARE RESERVE HOMES AND NOT PART OF THE GENERAL HOUSING MARKET**
report on business
Nearly half of Canadian renters expect to stay tenants indefinitely: survey
A for sale sign outside a home indicates that it has been rented, in Ottawa, on Monday, March 1, 2021. THE CANADIAN PRESS/Justin Tang
home of the week
Toronto soft loft with a designer touch
Home of the Week, 318 King St. East, No. 1004, Toronto
cost of living
As the housing market slows, costly bridge mortgages are an increasingly common last resort
A house on Hillside Ave, in Toronto’s west end that has been sold, is photographed on May 18, 2022. Fred Lum/The Globe and Mail.
featured reports
Stress Test transcript: Tempted to buy a home with siblings or friends? Here’s what you need to know
Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
done deal
Rustic chic Etobicoke home draws two offers
Done Deal, 45 Meadowbank Rd., Toronto
the next move
In Toronto real estate, buyers gain the upper hand
The home at 8 Sandpiper Court, Toronto. Listed in May with an asking price $3,199,888. The home, with 4,752 square feet of living space on a cul-de-sac in the Donalda neighbourhood, had been renovated by a prominent Toronto-based architectural firm. It sold for $3,952,000.
retirement planning
Why home ownership is not the key to a comfortable retirement
A house on Hillside Ave, in Toronto’s west end that has been sold, is photographed on May 18, 2022. Fred Lum/The Globe and Mail.
report on business
Monthly payments on variable-rate mortgages could increase as borrowers near their ‘trigger rate’
A new development of town houses in Toronto are photographed on Wednesday, May 19, 2021. (Christopher Katsarov/The Globe and Mail)
u.s. business
U.S. home sales slow again as mortgage rates climb
FILE - A home for sale is seen Tuesday, Dec. 8, 2020, in Orlando, Fla. Sales of previously occupied U.S. homes slowed for the fourth consecutive month in May as climbing mortgage rates and prices discouraged many would-be buyers. The National Association of Realtors said Tuesday, June 21, 2022, that existing home sales fell 3.4% last month from April to a seasonally adjusted annual rate of 5.41 million. (AP Photo/John Raoux, File)
done deal
Small-town bungalow gets nine bids, sells $258,100 over asking
Done Deal, 14521 Old Scugog Rd., Scugog, Ont.
economy
Why housing costs are driving up inflation, despite the real-estate downturn
A house for sale is seen in Ottawa, Ont., on Wednesday, June 15, 2022. Spencer Colby/The Globe and Mail
small business
Commercial rent prices are rising, and many small businesses are finding it hard to keep up
Linette Doherty, owner of The S.P.A.C.E., a youth dance studio in Toronto's The Danforth area, June 16, 2022. (Cole Burston/The Globe and Mail)
done deal
Listed low, Pickering townhouse gets bumped-up offer after negotiations
Done Deal, 1865 Kingston Rd., Unit. 82, Pickering, Ont.
done deal
Vibrant condo in Toronto’s Queen West draws in buyers
Done Deal, 20 Minowan Miikan Lane, No. 1903, Toronto
done deal
Buyers suggestions for improvements heard - and $30,000 added to sale price
Done Deal, 2 Hawthorne Cres. NW., Calgary
paycheque project
Brampton man, 27, with $25,000 in student debt is helping pay his parents’ mortgage: ‘I want to give my parents a chance to retire’
opinion
B.C. developer freeing up empty rental units for refugees
Kerry Gold
done deal
Long road to a deal for Kelowna luxury home
Done Deal, 3697 Green Bay Landing Rd., Kelowna, B.C.
inside the market
Rob Carrick: ‘Our mortgage is paid off – what should we do with the money we used to pay every month?’