British Columbia / Alberta
Office
How An Ottawa Office Conversion Ended Up In Receivership
The office building at 495 Richmond Road in Ottawa is owned by DOV Capital Corp and was placed under receivership on September 17 by Addenda Capital, after — according to filings in Ontario Superior Court — the conversion commenced without the lender's approval.
Oct 09, 2026
Industry
Moving Day: September 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 September 2026.
Development Projects
Surrey, SFU Submit Application For New SFU Med School Designed By Stantec, Revery
The Surrey City Development Corporation and Simon Fraser University recently submitted their development application for Phase One of Centre Block.
Real Estate News
Roughly 2.3 Years Of Supply Above $4M Is Sitting (Pretty, Probably) In West Van
Sotheby's International Realty Canada's 20-year look at West Vancouver sales finds the median price has reached $3.1 million only a few times. As of September 1, 195 residential properties were listed above $4 million on MLS.
This BC Masterplan Has Buyers (Finally) Stepping Out From The Sidelines
At The Rail District's 'The Mason' — which completed in the spring — 10 condos sold in a single 30-day stretch. And in the months since May, they've just kept on selling.
Renting
Canadian Renters Caught Between Higher Rates And Homes That Don't Fit
Findings from the Canadian Housing Survey show that renters who have recently moved are paying a premium over sitting tenants — to the tune of $450 more per month.
Breaking Charts
Insider: Canada Risks Building Less As Homebuyers Gain Ground
"If the only way a project works is for resale prices to climb again, the affordability improvement contains the reason construction might stall. Canada needs the cost of delivering housing to adjust alongside the price buyers can pay."
Real Estate News
Canadian Home Sales Dip In August, Rate Worries Return: CREA
A Bank of Canada rate hike is officially back on the table this year and already priced in by markets, CREA's economist says — after four straight months of barely-there sales and price movement in August.
Real Estate News
Canadian Housing Market Stuck Between Correction And Recovery: RBC
“The general tone of Canada’s market will still be soft with our resales projections far below levels before the pandemic and home values just a smidgeon above the cyclical low,” said RBC.
Industry
40 Under 40 Industrial Leaders Officially Announced
This year's list of winners is multifaceted, and the real estate and development industry is proudly represented.
Urban Living
Delta Golf & Country Club Re-Opens After Refinancing Ends Receivership
The 18-hole Delta Golf & Country Club at 11550 Ladner Truck Road in Delta was placed under receivership on December 15, 2025.
Development Projects
26-Storey Condo Tower Proposed Near Oakridge Park In Vancouver
The site is 5680 Oak Street at the intersection with W 41st Avenue, and is adjacent to Grosvenor’s Mayfair West project, two blocks away from Oakridge Park.
Economy
Bank Of Canada Holds Interest Rate At 2.25% In September
The Bank left rates untouched, noting the economy gained real ground last quarter while inflation risk builds on oil prices and new tariffs.
Affordable Housing
When Low-End Rents Get Harder To Afford, Homelessness Climbs: Study
“We found a clear relationship between homelessness rates and rent prices for lowest-quartile units,” said the Canadian Alliance to End Homelessness.
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