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Housing Data Shows Mortgage Demand Falls but Prices Stay High
Despite the Federal Reserve’s recent rate hikes and a softening market, housing prices continue to rise. Mark Fleming, the chief economist at real estate insurance firm First American, joined Cheddar News to discuss the state of the...
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One year since Israeli bombing of Al Jazeera, AP building in Gaza
Sunday is the 74th anniversary of what Palestinians call the "Nakba" - or catastrophe, marking the day Israel was create
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These French 'tiny homes' are giving homeless people practical skills and a place to live afterwards
Participants in the project in Brittany take part in all aspects of the construction of the mobile homes and are given the keys afterward.
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Morning Consult Shows Consumer Spending Pullback in March Amid Higher Prices
According to the Morning Consult, consumer spending in March was significantly impacted by inflation even as habits changed from purchasing goods to services as pandemic restrictions ebbed. Kayla Bruun, an economic analyst for the...
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Where Home Markets Are Hot — and Not — as Housing Prices Continue to Rise
With a constrained supply of housing in the most desirable markets, home prices have risen nearly 20 percent year-over-year in February. David O’Reilly, CEO of Howard Hughes Corporation, joined Cheddar News to talk about where people are...
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First-Time Homebuyers Face Rising Mortgage Rates
Buying a new home is tough right now; but for first-time buyers, it's an especially challenging time, with obstacles like rising mortgage rates and record-breaking home prices. The housing market is not expected to get much friendlier,...
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Federal budget will include billions of dollars for housing, defence
The federal government is expected to announce billions of dollars to ease housing affordability challenges and boost defence spending in Thursday’s budget. There are also plans to introduce a ban on foreign home buyers for two years,...
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Freeland outlines proposed housing investments in the federal budget
Canada’s Finance Minister Chrystia Freeland says the budget allocates money to accelerate building homes over the next 10 years and prevent foreign investors from buying homes in Canada.
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Liberals promise lower deficits as billions earmarked for housing, climate change
Finance Minister Chrystia Freeland’s second federal budget came with a promise of more fiscal restraint, acknowledging the government’s ability to spend is ‘not infinite.’ In the budget, billions of dollars have been allocated to tackle...
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Bank of Canada rate hikes won't tame inflation, expert says
Inflation in Canada is mostly due to global forces such as the war in Ukraine and supply chain disruptions, says Frances Donald, global chief economist for Manulife Investment Management. This means interest rate hikes by the Bank of...
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Ontario’s plan to solve housing affordability crisis falls short
A proposal by officials in Ontario to lower the cost of homeownership is getting a lukewarm reception by critics, who say the strategy is too developer friendly and the increase to the foreign buyers tax won’t make much of a difference.
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Tiny homes: Are these eco-friendly conker pods the future of affordable housing?
These futuristic conker-shaped pods can be assembled together to form a house that expands or shrinks according to your needs.
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Manitoba community plans to open doors to Ukrainian refugees
The rural community of Onanole, Man., is preparing to welcome families fleeing the war in Ukraine — it's just one of the hundreds of offers for support received by the Ukrainian Canadian Congress over the past few weeks.
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How this portfolio manager estimates returns on real estate
Ben Felix says people shouldn't assume Canadian housing prices will continue on the same trajectory they've been on for the last 20 years when making investment decisions. (Photo credit: Ben Felix)
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Zimbabwe teachers strike as unions reject gov’t pay offer
Schoolchildren in Zimbabwe are left unsupervised with nothing to do, after the government suspends striking teachers in a pay dispute.
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Montreal family of 8 ditch city life for tiny town after contest win
Émilie Dubois says she, her partner, and 6 kids have no regrets and don't plan to return after winning a contest to live for free in a tiny town 4 hours away from Montreal.
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Finding a solution to the affordable housing crisis
Tenants forced out of their homes by renovictions or income loss face an uphill battle to find affordable housing in Canada's rental market. But members of a Toronto land trust believe they have a solution — buying rental properties and...
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Sale of €450 million Caravaggio mural mansion collapses with no buyers
The Roman home, which is in strong contention to be Europe's most expensive property deal this year, will be marked down in price as a result.
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California homeless crisis escalates as rent prices rise
In the United States, and in California, there is increasing alarm over the number of over-fifties who find themselves living on the streets.
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Think-tank says taxing homes worth $1 million or more could help make housing more affordable in Canada
Paul Kershaw, founder of Generation Squeeze, joins Power & Politics to talk about this proposed solution to Canada's housing crisis.
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More than a dozen killed in New York City apartment building fire
Officials say nine children among the dead in Bronx neighbourhood fire with dozens of other people injured.
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Would you live in an 8x8 foot house? Mini villages are being built to tackle homelessness in LA
Villages made up of 8x8 foot houses are being built in Los Angeles as a way to tackle the city’s spiralling homelessness crisis.
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Would you live in an 8x8 ft house? Mini villages are being built to tackle homelessness in LA
Villages made up of 8x8 ft houses are being built in Los Angeles as a way to tackle the city’s spiralling homelessness crisis.
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Families in Spain face eviction threats before Christmas
The Tenants Union of Catalonia says decades of failing to provide affordable housing has altered Spanish society.