Featured

Calgary

Calgary Homebuyers "Acting Quickly," But Inventory Remains At Historic Lows

​Both new listings and home sales increased in February, but inventory still remains very, very low.

Listed Commercial

Vancouver Kilborn Building To Be Sold In Foreclosure Proceedings Over $93M Debt

​The Kilborn Building at 1380 Burrard Street has been put up for sale as part of foreclosure proceedings initiated by Peterson Group against Coromandel Properties.

Mortgages

“Dead On Arrival”: CMHC Ends First-Time Home Buyer Incentive

An update provided on CMHC’s website confirms that the incentive is being “discontinued,” and notes that the deadline for new or updated submissions is March 21, 2024.

Retail

The Body Shop To Close 33 Stores In Canada, File For Creditor Protection

​The Body Shop's arms in the UK, Germany, Belgium, Denmark, and United States have also declared bankruptcy.

Muskoka

Muskoka Rentals Could Soon Face Restrictive Licence Requirements

Under the proposed bylaw, aimed at reining in unruly cottage renters, properties can only be rented out for 50% of the summer and 50% of the rest of the year.

Development Projects

PCI Proposing Office-Industrial Complex In Mount Pleasant

The mixed-use space proposed by PCI Developments at West 4th Avenue and Ontario Street will also involve heritage retention of the existing Dominion Steam Laundry building.

Profiles

CEO Christine Bergeron On Joining Concert Properties, State Of The Industry

Prior to joining Concert Properties in September 2023, Christine Bergeron was the President and CEO of Vancity.

Industry

U Of T Announces The David Feldman Centre For Real Estate And Urban Economics At Rotman

The University of Toronto’s Rotman School of Management just got even more attractive to the next generation of talent, thanks to a generous gift for new, game-changing real estate programming.

Development Projects

QuadReal Planning 25- And 32-Storey Towers In Vancouver's Mount Pleasant

The proposal would see QuadReal Property Group redevelop the parking lot of Mount Saint Joseph Hospital in Vancouver's Mount Pleasant neighbourhood.

Listed

Seth Rogen's Vancouver Penthouse Hits The Market For $2.3M

If you’re a fan of Seth Rogen, now’s your chance to live the life of the famed Canadian comedian, actor, and filmmaker. Well, sort of.

Renting

Pandemic Spread Rental Affordability Crisis Across The Country, Expert Says

CMHC’s Mathieu Laberge says that the pandemic brought “increased demand in housing markets outside of large urban centres, in markets that had been somewhat insulated from the affordability crisis.”