Breaking News

A rendering of the 10-storey Nexus office development set for 220 Prior Street in Vancouver.
Industry

Exclusive: Keltic Development CEO Explains How Nexus Landed In Receivership

CEO Rachel Lei says Masimo’s withdrawal and loan amendments from SHAPE Capital left Keltic struggling to keep Nexus on track.

Construction

Latest CMHC Report Confirms What We Already Know — Toronto Is In Crisis

The federal housing agency says that Toronto is in for its lowest level of housing starts in 30 years.

Sold

Foreclosed Vancouver Mansion Of Thind Properties CEO Sold For $13.6M

​Thind Properties has been facing a series of insolvencies on its projects and lenders have also gone after Founder Daljit Thind's personal assets, including his home at 3138 W 51st Avenue.

Opinion

Op-Ed: The Bank Of Canada's Subtle Housing Warning

The message for Canadians is that rate policy will respond to economic fundamentals through a lens that explicitly considers housing inflation risks, writes Toronto-based real estate agent Cameron Levitt.

Development Projects

Osmington Gerofsky Advances Vandyk’s Multi-Tower Mimico Project In Receivership

The site at 39 Newcastle Street is part of a series of Toronto-Area addresses that were placed under receivership in late-2023 as Vandyk Properties fell into severe financial distress.

People

Ontario Real Estate And Development Industry Hires And Promotions: August 2025

​Notable moves include Heather Grey-Wolf being named CIO at Infrastructure Ontario, Doug Rollins being announced as ED of Toronto’s Housing Secretariat, and David Cogliano being promoted to Partner and EVP of Tercot Communities.

Development Projects

OPTrust Buys Out Westbank From Sen̓áḵw Project By Squamish Nation

OPTrust previously held a stake in the first two phases of the landmark Sen̓áḵw project and has now acquired Westbank's stake in the project, increasing its stake to 50%.

Policy

BC Sets 2026 Rent Increase Cap At 2.3%, Tying It To Inflation

The 2.3% maximum rent increase cap set for 2026 is a significant decrease from the 3.0% that was set for 2025.

Construction

There’s Promise In Prefab — But First We Need The Big Builders (And Big Money) On Board

“On a per-capita basis, we are producing far less housing despite our intent, all the incentives, the industry's desire. The only way to change that is to try something radically different from what we have done in the past.”​

Real Estate News

Is Now The Time To Buy A Toronto Condo? For Some, It Should Be

For those planning to live in their condo for the long haul — not just invest in one — today’s market could offer rare affordability and negotiating power.

Retail

Bonnis Properties Sells Granville-Robson Retail Complex For $140M

​The high-profile retail complex at 798 Granville Street in downtown Vancouver was listed for sale in late-2023.

Breaking News

RECO To Shut Down All 17 iPro Brokerage Locations By Tuesday

The shutdown follows an inspection by RECO that revealed the Mississauga-based brokerage had "a significant shortfall" in their accounts, constituting a TRESA violation.