Breaking News

City-Wide Sixplexes, Apartment Infill On Tomorrow’s Housing Committee Agenda
Policy

City-Wide Sixplexes, Apartment Infill On Tomorrow’s Housing Committee Agenda

This month’s Toronto Planning and Housing Committee agenda is all about diversifying and expanding housing options in areas already supported by public infrastructure.

Renting

Incentive City: How Toronto Landlords Are Filling Units Amid Low Demand

The use of incentives to fill rental units doubled year over year last quarter due to weakening demand, prompting landlords to get creative with the perks they offer.

Policy

Vancouver Passes New Development Approval Procedure Axing Public Hearings

​The change that eliminates public hearings for ODP-compliant development projects is being introduced so the City is compliance with Bill 18.

Economy

Bank Of Canada Holds Interest Rate For Second Time In A Row

This marks the second consecutive pause from the Bank of Canada, and leaves the policy interest rate at 2.75%.

Real Estate News

GTA Active Listings Hit 31K In May – Highest In Nearly 25 Years

Buyer hesitation, sluggish sales, and improving affordability all shape the latest TRREB data release.

Economy

Where Every Big Bank Stands On Wednesday's Interest Rate Announcement

The Bank of Canada will make its latest interest rate decision this week, and trade uncertainty continues to be high of mind as economists place their bets.

Industry

Investors Place Coromandel Properties Under Receivership As Saga Enters Third Year

Coromandel Properties sought out CCAA creditor protection in February 2023 and was the first of a wave of real estate insolvencies in Metro Vancouver.

Real Estate News

Toronto City Council Approves 7 High-Rise Proposals From Choice, Diamante, And More

The lion’s share of development applications before Council this month got the green light, which is perhaps a testament to the intensified emphasis on homebuilding in Toronto.​

Industry

Toronto Development Marketing Firm L.A. Inc. Closes After 40 Years

"The end of an era." After 40 years in business, top real estate marketing firm L.A. Inc. announced on Thursday that the company has closed its doors.

Policy

BC Gov To Order Changes In West Van And Oak Bay After Missed Housing Targets

Earlier this year, the Province appointed special advisors to review why West Vancouver and Oak Bay missed their housing targets by a wide margin.

Industry

Are Rennie's Layoffs The Canary In The Presale Coal Mine?

Rennie Group has announced they'll be laying off 25% of their staff in response to a drop in condominium presales activity over the last two years.

Real Estate News

The New Florida? Where Canadian Snowbirds Can Consider Landing Next Year

The country's current 'elbows-up' culture ​has many who fly south for the winter reconsidering where they should spend their time – and their money.