New survey shows Canadians turning part of their homes into Airbnb units to cover their mortgage

Canadians facing ever increasing house prices — and debt — are turning to short-term rentals to make ends meet, according to a new survey. AltusGroup, which provides real estate research, said its FIRM survey from the summer of 2016 found four per cent of all households had used a short-term rental accommodation service in the […]

RBC: Toronto and Vancouver housing affordability still at high-stress levels

RBC: Toronto and Vancouver housing affordability still at high-stress levels The fourth quarter of 2016 saw Canadian housing costs remain at overheated levels despite the imposition of various federal and provincial measures to address the prevalent issue of home affordability, according to a fresh report released by RBC Economics Research last week. In the latest […]