Real Estate News
Renting
Canadian Rent Decline "Compounding" As July Sees 3.6% Year Over Year Drop
While dipping a nominal $4 from June, national average rent fell 3.6% year over year from $2,201 to $2,121, marking the 10th consecutive month of annual rent decline.
Aug 08, 2025
Development Projects
Bonnis Properties Proposing Narrow 32-Storey Tower Near Vancouver City Hall
The proposal by Bonnis Properties is set for 365-395 W Broadway, about one block away from Vancouver City Hall.
Multifamily
OpenForm Buys Foreclosed Davie & Nicola Project In Vancouver For $38.5M
The Davie & Nicola project by Align Properties was set for 1485 Davie Street in Vancouver and has been under foreclosure since Sepetember 2023.
Development Projects
Bosa Properties Adds Sixth Tower To Bristol Master Plan Project In Surrey
After conditional approval for five towers in 2024, Bosa Properties has submitted a revised rezoning to add a sixth — and increase the total unit count to 2,730.
The 2025 PacificWest Conference Lands In Vancouver This October
On October 21 and 22, Western Canada’s premier real estate conference will take over the Vancouver Convention Centre East, bringing together the country’s realtors, developers, brokers, and builders for two full days of learning, dialogue, and connection.
Policy
New Developer Alliance Pushes Feds For Housing Policy Overhaul, Including Foreign Buyer Ban Exemption
Ahead of the release of federal Budget 2025 this fall, a new alliance made up of 13 big names in homebuilding has put out a suite of recommendations to address the housing crisis.
Hamilton
Hamilton Temporarily Lowers Development Charges By 20%
The pilot project is intended to spur housing development and improve affordability for Hamiltonians, and will run from September 2025 to August 2027.
Breaking Charts
The Real Canadian Housing Crisis Is In How We Build
The C.D. Howe Institute's latest report offers a blueprint for breaking free... if we are willing to build differently.
Development Projects
Crestview Ushering Height Into Mount Pleasant East With 60, 65 Storeys Planned
The two-tower Midtown development would deliver over 1,200 new housing units within walking distance of two higher-order transit stations.
Real Estate News
Toronto Area Realtors Report Most July Home Sales Since 2021
“Further interest rate cuts would spur home sales and see more spin-off expenditures, positively impacting the economy and job growth."
Real Estate News
Greater Vancouver Real Estate Market Continuing To See Sales Recovery
Home sales are still down year over year, but the gap is shrinking, according to Greater Vancouver Realtors.
Industry
Receivership Over Logan Avenue New Build Marks Kaleido’s Third In Four Years
Elevate at Logan is a new stacked townhouse complex in Toronto's Riverdale, placed under receivership in July over a $14-million debt.
Development Projects
Eglinton Station May Get Another Towering Neighbour As Stafford, Greybrook Propose 49 Storeys
The plans from Stafford and Greybrook call for a 552-unit tower located steps away from Eglinton subway station and the forthcoming Eglinton Crosstown LRT.
Policy
Will Toronto's Colour-Coded Landlord Ratings Also Shame Tenants?
Toronto City Council has adopted a motion to introduce colour-coded ratings for apartment buildings based on their level of cleanliness and safety. The reform is expected to be phased in next July.
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