Mortgage rates are rising, but here’s why you won’t see a rash of Canadians losing their homes

Canadians will run up their credit cards, fall behind on their utilities and juggle car payments. The one thing they don’t do in significant numbers is fall behind on their mortgage payments. GTA residents rattled by rate hikes and inflation can take some comfort in mortgage delinquency numbers that show that losing a home to … Read more

We sold our Toronto home to be mortgage free, and ended up right back in the city’s red-hot real estate market

Real estate is emotional. Why? Because a home is more than walls and a roof, it’s a container for our lives, our families, our communities. As part of an occasional series, we’ve asked local writers to share their stories on real estate and housing. It was spring 2021 and houses in our East York area … Read more

Peter Tabichi, Kenya’s million dollar award-winning school teacher (Inspire Africa)

On this episode of Inspire Africa, Jerry Fisayo-Bambi presents the story of The UrbanC Mobile home project in Ghana that wants to make homeownership affordable, ecofriendly and movable. The comic works of Togo’s Kanad, a Biomedical engineer turned cartoonist with a passion for Togolese and African stories. And later on the show, Fisayo-bambi speaks with Peter … Read more

Facing Homelessness After $462 Monthly Hike: One Story From Phoenix’s Renter Crisis

Once, Nancy Lake worked as a social worker, a counselor for Phoenix families in crisis. She saw how problems would pile up, how quickly people could find themselves on the street. But, at 70 years old, Lake never thought she would find herself facing homelessness, trapped in the kind of “devastating situation” she had seen … Read more

Fraud-linked San Jose, Fremont housing projects suffer cost overruns

SAN JOSE — Fast-rising construction costs have snarled efforts to complete big housing developments in San Jose and Fremont that are key projects tied to a massive real estate fraud case, court papers show. The projects being saddled with rising construction costs are The Almaden, a 91-unit residential complex on Almaden Road in San Jose; … Read more

Realistic Concept Art For New Luxury Condos Features Homeless Man Getting Arrested

LOS ANGELES—Displaying incredible accuracy in its rendering of the high-end property, the realistic concept art for a new luxury condominium complex in the Echo Park neighborhood of Los Angeles features a homeless man getting arrested, observers reported Friday. “Oh wow, yeah, would you look at that—there’s a guy on the sidewalk being put in cuffs … Read more

Daft report highlights largest quarterly gain in housing prices in nearly two years

HOUSING PRICES ROSE by 3.8% on average during the second quarter of 2022, with the average listed price increasing to €311,874, according to a new report. The latest Sales Report shows that the March to June period saw the largest three-month gain in nearly two years. The average listed price nationwide is up almost … Read more

GTA rents in May see largest monthly price hike in more than three years

GTA rent prices in May saw the largest monthly hike in more than three years at 5.7 per cent as supply tightens and demand surges. A new report by Bullpen Research & Consulting and found the average monthly rent in the GTA increased by 16.5 per cent year-over-year, from $1,998 in May 2021 to … Read more

New report offers hope for the housing market, but challenges linger

RALEIGH, N.C. — If you’ve been scrolling Zillow, dreaming about homes lately (just me?), you’ve likely noticed a slight change in the housing market. You’re not crazy. Harvard researchers just released their new report: The State of the Nation’s Housing 2022. What You Need To Know The Joint Center for Housing Studies of Harvard University released … Read more

Family’s home ‘ruined’ by council contractors who walked out after ‘bodged’ job

The family were having the extension built to meet the future needs of six-year-old Oliver Bradshaw, who requires specialist equipment due to having Duchenne muscular dystrophy Amy Reed and Steven Bradshaw with their son Oliver A family says they are waiting for their extension “to fall down” after council contractors walked out without completing the … Read more