British Columbia / Alberta

Montreal, Ottawa Lead National Home Sales To Best August Since 2021
Real Estate News

Montreal, Ottawa Lead National Home Sales To Best August Since 2021

​National home sales have picked up 12.5% since March, and CREA economists are optimistic for a more active fall.

People

Ana Bailão Named Inaugural CEO Of Build Canada Homes

The former Toronto deputy mayor and housing advocate will lead Ottawa’s new federal housing entity, which Prime Minister Carney launched with $13B in funding on Sunday.

Policy

Build Canada Homes Launches With $13B In Funding And First Round Of Projects

The launch of Build Canada Homes comes after Mark Carney pledged to create a new federal housing entity during the election.

Listed Commercial

Connect Centre And Tower Development At Edmonton ICE District Listed For Sale

Avison Young and TD Cornerstone are marketing the Connect Centre — home to Loblaws CityMarket — along with air rights for a future high-rise next to Rogers Place.

Industry

Rennie Launches New Commercial Real Estate Brokerage

​Real estate services firm rennie has had commercial brokers for some time, but is now officially launching a commercial real estate brokerage called Rennie Commercial.

Multifamily

CAPREIT Sells International Plaza In North Van To Squamish Nation For $54.2M

The International Plaza Apartments in North Vancouver sit on reserve land and the transaction brings the property back under Squamish Nation ownership.

Development Projects

Beedie Submits New Design For Controversial Keefer Street Project In Chinatown

Ten years in the making, the 105 Keefer development has faced pushback, politics, and the courts. Beedie is trying again — with a new architect and design.

Industry

How Real Estate Podcasts Are Meeting Canadians' Demand For Answers

"The industry is infamous for tiptoeing around stuff... but people are really craving genuine discussions about what's happening."​

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.

Development Projects

Sightline Properties Planning 4 Towers Up To 45 Storeys Near Renfrew Station

​Sightline Properties acquired the 26-lot land assembly just north of Renfrew Station in East Vancouver for a little over $100 million.

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.