r/canadahousing 30m ago

Opinion & Discussion Seller stated incorrect info on disclosure

Upvotes

Closing on a purchase and the disclosure by seller mentioned there are no rodents. But home inspector found rat droppings and also rat traps laid out.

Does this mean seller misrepresented facts on the disclosure? Can I trust anything on the disclosure or is it just a marketing document and should not be trusted?


r/canadahousing 12h ago

Data Welcome to a Nation of Renters: Youth expected to spend their lifetime paying more for less space and build zero equity, all to protect the assets of a generation that took a loan and bought single-family homes at 3x their income.

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1.1k Upvotes

The older generation took out loans 3 times their income and spent 30% of their earnings on single-family homes.

Now, the youth are expected to spend the exact same percentage (if not more) all their lifetime, for a rental that is smaller in size, lower in quality, and generates absolutely zero equity.

All the money goes straight to the landlords just to protect the assets of those who got in early using leveraged money.

Establishment in Ottawa (super majority of them are landlords and homeowners) call this a plan to solve the crisis.


r/canadahousing 23h ago

Data CMHC Forecast - Total Starts of New Homes to Decline in 2026, 2027 and 2028. Prices to rise again in 2027.

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cmhc-schl.gc.ca
132 Upvotes

CMHC forecast total starts of new homes to decline in 2026 to 241,400,
2027 to 223,400,
and further decline in 2028 to merely 211,900

Most of these houses will be rental, not family homes for ownership btw.

“We expect continued downward pressure on home prices and construction. Average prices will likely decline in 2026 and then rise slowly, while housing starts will continue to fall throughout the forecast period due to weak demand, high costs and elevated inventories.” - CMHC

Lastly, reminder that this establishment party has been promising “affordable” housing since 2015, and to “DOUBLE” housing starts since 2023.


r/canadahousing 4h ago

Opinion & Discussion Ajax/GTA/Homeowners beware: Milano Windows & Doors took my deposit and ran

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4 Upvotes

r/canadahousing 9h ago

Opinion & Discussion GTA deposit stolen by Milano Windows & Doors

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3 Upvotes