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Real Estate News
2025 Housing Outlook "Uncertain" Amid Geopolitical Shifts, Says CHMC
CMHC shared their 2025 Housing Market Outlook Wednesday, and from the looks of things, the year ahead should be pretty tame — save for geopolitical conflict, trade wars, and immigration shifts, that is.
Feb 06, 2025
Real Estate News
7 Canadian Real Estate Questions We're Asking In 2025
From geopolitical conflict to economic uncertainty, there's plenty to keep a fretful eye on, especially as it relates to Canadian housing.
Commercial
Westbank Sells Remaining Stake In Deloitte Summit & Toronto House For $60.5M
Allied Properties REIT acquired stakes in Deloitte Summit and Toronto House from Westbank in March 2024, then acquired the remaining interest in December.
Real Estate News
Toronto Real Estate Board Forecasting 'Buyer-Friendly' 2025
Slower overall price growth is expected to entice waiting buyers to come off the sidelines in the year ahead, as will lower borrowing costs. While polling also shows around two-thirds of renters “would not tolerate any further rent increases before seriously considering the purchase of a home.”
Higher Level Living: Langley Townhomes Serve Sweeping Rooftop Views For All
Tucked between the vibrancy of Willowbrook and the tranquility of Willoughby, Addition — rising via Redekop Ferrario Properties — is set to serve an unmatched lifestyle opportunity.
Development Projects
10 Toronto Development Proposals On Our Radar From January
Each month brings something different, from affordable housing to multi-tower luxury condos — but here are 10 stand-out submissions that were on our radar in the month of January.
Development Projects
Plans Filed For 40- And 45-Storey Residential, Film Studio In Toronto’s Port Lands
Plans from Tepfam Holdings are in keeping with the ongoing efforts to turn the Port Lands neighbourhood of Toronto into a buzzing community and housing hub.
Real Estate News
Ottawa Bucks Trend Of Slow Home Sales With 72% Spike In Townhomes
Data shows that multi-family unit sales in Canada' capital grew by 75% between 2023 and 2024, to 2,079 sales — an increase overwhelmingly driven by new townhome sales.
Development Projects
Reserve, Westdale Properties Propose 61 Storeys In Mount Pleasant
Plans from Reserve and Westdale represent the third submission for the site since 2017, and the largest to date, with almost 900 new residential units proposed.
Appointment Notices
Christopher Alexander To Step Down As President Of RE/MAX Canada
Alexander will remain a RE/MAX brokerage owner and transition to consulting for RE/MAX Europe.
Construction
Housing Development Expected To Pause If Tariff Threat Turns Into Trade War
The tariffs have resulted in a pause on investment, which will delay development for several months, Vancouver developers warn.
Policy
"Chaos And Higher Prices": Building Industry Sounds Off On Trump's Tariffs
Canada’s construction industry has weathered a few rough years, thanks to everything from climbing material costs and labour shortages to sky-high interest rates and rising development fees. Tariffs will only make a challenging situation worse – both in Canada and south of the border.
Appointment Notices
Ontario Real Estate And Development Industry Hires And Promotions: January 2025
Notable appointments include Elechia Barry-Sproule starting as TRREB's new President and Patrick Pichette being named Interim-CEO of Realtor.ca, and Ravelin Properties REIT has welcomed seven people to its leadership team.
Policy
OREA To Share "Report Cards" On Candidates' Housing Plans Ahead Of Ontario Election
The report cards will be published ahead of the February 27 provincial election, with candidates graded based on how closely they follow OREA's election platform, A Home for Everyone 2025 —10 "bold" actions for improving housing affordability and consumer protection.
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