Howard Chai
Howard is a freelance real estate reporter based in Vancouver who covers the development industry, housing policy, and commercial real estate. He was previously Western lead at STOREYS, where his work was nominated for a Jack Webster award. He is also a contributor at Western Investor, RENX, The Tyee, and The Globe and Mail, as well as Founder of The Realist.
Real Estate News
Ross McCredie On: Douglas Elliman Canada, Sutton Group, And The Luxury Market
After growing Sotheby's International Realty Canada, Ross McCredie took over Sutton Group, and will now be bringing Douglas Elliman to Canada.
Real Estate News
OREA Pushes For Development Charge Reform, Makes Several Recommendations
The Ontario Real Estate Association called development charges "one of the most direct levers available to reduce costs and accelerate construction" of new housing.
Commercial
How Lenders See Canada's 2026 Commercial Real Estate Market
For the first time in a decade, Vancouver is now the top market in terms of lender sentiment. The sentiment around office is also rebounding.
Construction
Construction Costs Stabilized In 2025, Expected To Align With Inflation In 2026
For 2026, BTY Group is projecting real GDP growth of 1.5% (after growing 1.7% in 2025), an unemployment rate of 6.9%, and 250,000 housing starts, but emphasizes that there continues to be a “high degree of uncertainty around economic relationships with the United States.”
Real Estate News
Chartwell To Sell Waterloo Asset To Resolve Competition Bureau Concerns
Last year, Chartwell announced that it was acquiring six properties in Ontario from Sifton Properties, prompting the Competition Bureau review.
Renting
New $1.3B Fund Launched To Buy Unsold GTA Condos, Convert To Rental
The "GTA Rental and Affordable Housing Initiative" is a partnership between High Art Capital and the Building Ontario Fund.
Office
Manulife Sells Downtown Ottawa's EDC HQ To Regional Group For $143.5M
Regional Group announced their acquisition of 150 Slater Street — a landmark office building near Parliament Hill — in late-February, but did not disclose the price.
Development Projects
Peterson Proposes 34-, 29-Storey Rental Towers On SE Marine Drive
The proposal by Peterson for 605-695 SE Marine Drive in Vancouver covers a total of 652 rental units, including 153 below-market rental units.
People
Manuela Preis On Loving (And Posting) Life As A Crane Operator
"It takes a lot of mental work which, for me, is great. I like a busy brain. You pay attention to many things at the same time."
Development Projects
Graywood Buys Yonge–Eglinton Development Site From First Capital REIT For $42M
The sale of 34-70 Montgomery Avenue was completed last year, and Graywood has since submitted a new application for the site.
Real Estate News
Crestpoint Buys 145 Wellington For $50.8M, Site Slated For H&R REIT Tower
H&R REIT announced the sale of 145 Wellington Street West in November as part of $1.5 billion in dispositions, but did not disclose individual sale prices.
Development Projects
Onni Group Advances New Surrey City Centre Master Plan Project With 2,700+ Units
The proposal would see Onni Group redevelop the Regency Gardens apartment complex near Whalley Athletic Park into five mid-rise buildings and seven high-rise buildings.
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