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.

Howard Chai

Canadian Housing Market Stuck Between Correction And Recovery: RBC

“The general tone of Canada’s market will still be soft with our resales projections far below levels before the pandemic and home values just a smidgeon above the cyclical low,” said RBC.

Delta Golf & Country Club Re-Opens After Refinancing Ends Receivership

The 18-hole Delta Golf & Country Club at 11550 Ladner Truck Road in Delta was placed under receivership on December 15, 2025.

26-Storey Condo Tower Proposed Near Oakridge Park In Vancouver

The site is 5680 Oak Street at the intersection with W 41st Avenue, and is adjacent to Grosvenor’s Mayfair West project, two blocks away from Oakridge Park.

CLV Group Buys Ashcroft’s ReStays Hotel, Unsold Condos Under Receivership

The ReStays and ReResidences at 101 Queen St. and 108-116 Sparks St. in Ottawa was developed by Ashcroft Homes and was placed under receivership last year.

When Low-End Rents Get Harder To Afford, Homelessness Climbs: Study

“We found a clear relationship between homelessness rates and rent prices for lowest-quartile units,” said the Canadian Alliance to End Homelessness.

The 18 Toronto Developments Supported By $2.7B Federal-City Partnership

Build Canada Homes is providing $310 million towards 9 projects on City-owned land, while CMHC is providing $1.8 billion in financing towards 9 other projects.

Downtown Eastside Project Breaks Ground With Funding From Feds, BC Builds, UBC

The 11-storey mixed-use project is set for 315 Main Street (172 East Cordova Street) in Vancouver, and will be owned by the MAC Development and Housing Society.

Valour Group's 4-Phase Ajax Taunton Condo Project Placed Under Receivership

Valour Group was planning around 1,500 units at 361 Taunton Road West in Ajax, including condos, seniors living condos, and townhomes, but the project was placed under receivership on July 16.

Asia Standard Americas Proposes Third Condo Tower On Vancouver's Robson Street

The proposal includes social housing units, commercial space, and strata units, and is set for 1394 Robson Street, adjacent to the Landmark On Robson towers.

Boardwalk REIT, Desjardins Form $292M Western Canada Multi-Family JV

The joint venture is a 50/50 partnership between Boardwalk REIT (TSX: BEI.UN) and Desjardins Global Asset Management (DGAM) with an initial portfolio of 4 assets.

Crombie REIT Buys Safeway At South Surrey's Ocean Park Shopping Centre For $12.7M

The property has been classified under the REIT’s “income-producing” strategy — as opposed to the “redevelopment” strategy — though Crombie REIT is in the process of redeveloping multiple Safeways across Metro Vancouver.

Allied Properties REIT Sells Dominion Square, 5 Other Toronto Assets For $123M

Allied Properties REIT (TSX: AP.UN) has set a disposition target of approximately $500 million, and is about halfway to that target through two quarters.

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Howard Chai

​“The general tone of Canada’s market will still be soft with our resales projections far below levels before the pandemic and home values just a smidgeon above the cyclical low,” said RBC.

​The 18-hole Delta Golf & Country Club at 11550 Ladner Truck Road in Delta was placed under receivership on December 15, 2025.

​The site is 5680 Oak Street at the intersection with W 41st Avenue, and is adjacent to Grosvenor’s Mayfair West project, two blocks away from Oakridge Park.

​The ReStays and ReResidences at 101 Queen St. and 108-116 Sparks St. in Ottawa was developed by Ashcroft Homes and was placed under receivership last year.

​“We found a clear relationship between homelessness rates and rent prices for lowest-quartile units,” said the Canadian Alliance to End Homelessness.

Build Canada Homes is providing $310 million towards 9 projects on City-owned land, while CMHC is providing $1.8 billion in financing towards 9 other projects.​

​The 11-storey mixed-use project is set for 315 Main Street (172 East Cordova Street) in Vancouver, and will be owned by the MAC Development and Housing Society.

Valour Group was planning around 1,500 units at 361 Taunton Road West in Ajax, including condos, seniors living condos, and townhomes, but the project was placed under receivership on July 16.

The proposal includes social housing units, commercial space, and strata units, and is set for 1394 Robson Street, adjacent to the Landmark On Robson towers.

​The joint venture is a 50/50 partnership between Boardwalk REIT (TSX: BEI.UN) and Desjardins Global Asset Management (DGAM) with an initial portfolio of 4 assets.

The property has been classified under the REIT’s “income-producing” strategy — as opposed to the “redevelopment” strategy — though Crombie REIT is in the process of redeveloping multiple Safeways across Metro Vancouver.

​Allied Properties REIT (TSX: AP.UN) has set a disposition target of approximately $500 million, and is about halfway to that target through two quarters.

All rights reserved SiteMedia © 2026.

“The general tone of Canada’s market will still be soft with our resales projections far below levels before the pandemic and home values just a smidgeon above the cyclical low,” said RBC.

The 18-hole Delta Golf & Country Club at 11550 Ladner Truck Road in Delta was placed under receivership on December 15, 2025.

The site is 5680 Oak Street at the intersection with W 41st Avenue, and is adjacent to Grosvenor’s Mayfair West project, two blocks away from Oakridge Park.

The ReStays and ReResidences at 101 Queen St. and 108-116 Sparks St. in Ottawa was developed by Ashcroft Homes and was placed under receivership last year.

“We found a clear relationship between homelessness rates and rent prices for lowest-quartile units,” said the Canadian Alliance to End Homelessness.

Build Canada Homes is providing $310 million towards 9 projects on City-owned land, while CMHC is providing $1.8 billion in financing towards 9 other projects.

The 11-storey mixed-use project is set for 315 Main Street (172 East Cordova Street) in Vancouver, and will be owned by the MAC Development and Housing Society.

The joint venture is a 50/50 partnership between Boardwalk REIT (TSX: BEI.UN) and Desjardins Global Asset Management (DGAM) with an initial portfolio of 4 assets.

Allied Properties REIT (TSX: AP.UN) has set a disposition target of approximately $500 million, and is about halfway to that target through two quarters.