British Columbia / Alberta

Ross McCredie On: Douglas Elliman Canada, Sutton Group, And The Luxury Market
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.

Breaking News

The Great Canadian Dream Of Homeownership Isn’t Dead, But It Is Evolving

​For a new generation of buyers, getting in may look different, take longer, and require more creativity than ever before.

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.”

Economy

Bank Of Canada Holds Interest Rate Steady In Second 2026 Decision

Today's decision leaves the policy interest rate at 2.25%, as many major Canadian banks and economists expected.

Economy

Where Every Big Bank Stands On Tomorrow’s Interest Rate Announcement

We’re going into this decision with a policy rate of 2.25% after two consecutive holds at the December and January announcements.

Real Estate News

Canada Housing Starts Hold Steady In February: CMHC

CMHC reported that the six-month trend in housing starts — measured as the six-month moving average of the seasonally adjusted annual rate (SAAR) — edged up 0.4% in February to 256,005 units.

Real Estate News

Canada Housing Starts Rise In 2025, But Condo Pipeline Weakens: CMHC

​Looking ahead, the report projects that national housing starts will decline through 2026 to 2028 as developers contend with elevated costs, softer demand, and higher inventories.

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.

Industry

Moving Day: February 2026 Industry Hires And Promotions

For your information, reference, and networking needs, here are the moves, hires, and promotions the real estate and development industry saw in February 2026.

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.

Real Estate News

BC Raises Taxes, Adjusts Housing Investments, And Partners With Build Canada Homes

​The partnership between the federal and provincial governments will see Build Canada Homes contribute $170 million, and BC Housing contribute $640 million.

Real Estate News

CREA: Winter Storms Suppress January Home Sales

“The monthly decline in national home sales was driven primarily by less activity in the Greater Golden Horseshoe and Southwestern Ontario, suggesting that the story was probably more about a historic winter storm than a downshift in demand,” said Shaun Cathcart, CREA’s Senior Economist.