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Calgary housing complex begins

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Gen Z Affordability Hurdle

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Monthly Archives: October 2021

Canada, 4 of 10 most/least affordable cities

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Canada has four of the 10 most affordable and four of the least affordable cities in North America House prices here are 35 per cent higher than median-income households’ borrowing ability, Oxford Economics survey finds. Vancouver has been a presence on various lists of least-affordable housing for years, and now tops a survey released this [&hellip…

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Average Gifted Down Payments Rises

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Parents to the Rescue: Average Size of Gifted Down Payments Rises to $82,000 As home prices have risen sharply in recent years, so too has the amount of down payment assistance parents are willing to give their kids. For those parents who choose to assist their adult kids with the purchase of their home, the [&hellip…

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Holding Pattern: PPCLA

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Holding Pattern: Alberta Awaits Prompt Payment and Construction Lien Updates OCTOBER 18, 2021 Participants and stakeholders in Alberta’s construction industry continue to await the coming into force of the province’s new prompt payment and construction lien system. Our team has written previously regarding the Prompt Payment and Construction Lien Act (the “PPCLA”) and the introduction and passing [&hellip…

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