Real Estate News Headlines from Across Canada

Taxes

Toronto Slashing DCs By Up To 60% As Ontario Municipalities Sit On Billions In Reserves

A Desjardins report suggests Ontario municipalities are accumulating DC revenues faster than they are spending them, putting a damper on housing construction and leaving governments to rethink how growth is funded.

Renting

ELM And Fiera Break Ground At 270 Sheppard West

In a market where rental projects routinely spend years in rezoning, moving from purchase to shovels in under five months is the point.

Development Projects

OpenForm, Alabaster Planning 32-And 28-Storey Towers In Metrotown

The proposal from OpenForm Properties and Alabaster Homes is set for 6470 and 6508 Silver Avenue in Burnaby, steps away from Metrotown Station.

Real Estate News

GTA Low-Rise Sales Top 10-Year Average For Second Month

Single-family homes are having a moment. Condos, not so much.

'Try Before You Buy' Lands In Vancouver For Buyers-To-Be

The program, new this spring, gives qualified buyers the chance to spend a weekend at ACE — experiencing the suite, building amenities, and Commercial Drive — before committing to a purchase.

Development Projects

Canderel Breaks Ground On Forêt Forest Hill With Five-Bank Financing In Place

The groundbreaking was held June 18, 2026, at a moment when many planned condo projects across the city are stalled.

Renting

The 6 Key Takeaways From CMHC's 2026 Mid-Year Rental Market Update

There's more happening in the rental market than just rents dropping and vacancies rising.

Real Estate News

Ontario Brokerages Required To File Finances With RECO Starting This Fall

Starting October 1, 2026, every brokerage in the province will have to attest to and submit an annual financial filing to RECO.

Real Estate News

Spring Market At Last? Canadian Home Sales Jumped 5.5% In May

Activity rose across most of the country but leaned heavily on Ontario, and the national average price climbed back above $700,000 for the first time in 23 months.

Development Projects

Peterson Revises 3-Building Metrotown Project To 1,065 Units

A rezoning application for 6645, 6659, 6675, 6691, and 6707 Dow Avenue in Burnaby was submitted a few years ago, but Peterson is now revising the plan.

Development Projects

Toronto Rail Yards Would Bring 4,000 Homes To Downtown Rail Corridor

If built as proposed, Toronto Rail Yards would generate significant economic activity: project materials estimate up to 4,600 construction jobs and approximately $1.5 billion in labour income over the course of development.

Affordable Housing

Coast Mental Health Planning 29-Storey Social Housing Tower In Mount Pleasant

The subject site of the rezoning application is 259-293 E 11th Ave and 216 Kingsway, which includes Coast Mental Health's offices.

Development Projects

Vancouver Plan To Pre-Zone 17 Villages Set For Public Hearing

The Villages Planning Program proposes changes that would enable more low-rise housing and shops and services in 17 areas across the city.

Transportation

From Muck To Material: The Second Life Of Transit Tunnels

Whether it becomes fill, restoration material, or even future building products, the muck excavated from today's transit projects is increasingly being treated as a resource with a second life of its own.

Real Estate News

​A Desjardins report suggests Ontario municipalities are accumulating DC revenues faster than they are spending them, putting a damper on housing construction and leaving governments to rethink how growth is funded.

​In a market where rental projects routinely spend years in rezoning, moving from purchase to shovels in under five months is the point.

​The proposal from OpenForm Properties and Alabaster Homes is set for 6470 and 6508 Silver Avenue in Burnaby, steps away from Metrotown Station.

​Single-family homes are having a moment. Condos, not so much.

​The program, new this spring, gives qualified buyers the chance to spend a weekend at ACE — experiencing the suite, building amenities, and Commercial Drive — before committing to a purchase.

The groundbreaking was held June 18, 2026, at a moment when many planned condo projects across the city are stalled.

​There's more happening in the rental market than just rents dropping and vacancies rising.

​Starting October 1, 2026, every brokerage in the province will have to attest to and submit an annual financial filing to RECO.

​Activity rose across most of the country but leaned heavily on Ontario, and the national average price climbed back above $700,000 for the first time in 23 months.

​A rezoning application for 6645, 6659, 6675, 6691, and 6707 Dow Avenue in Burnaby was submitted a few years ago, but Peterson is now revising the plan.

​If built as proposed, Toronto Rail Yards would generate significant economic activity: project materials estimate up to 4,600 construction jobs and approximately $1.5 billion in labour income over the course of development.

​The subject site of the rezoning application is 259-293 E 11th Ave and 216 Kingsway, which includes Coast Mental Health's offices.

​The Villages Planning Program proposes changes that would enable more low-rise housing and shops and services in 17 areas across the city.

​Whether it becomes fill, restoration material, or even future building products, the muck excavated from today's transit projects is increasingly being treated as a resource with a second life of its own.

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A Desjardins report suggests Ontario municipalities are accumulating DC revenues faster than they are spending them, putting a damper on housing construction and leaving governments to rethink how growth is funded.

In a market where rental projects routinely spend years in rezoning, moving from purchase to shovels in under five months is the point.

The proposal from OpenForm Properties and Alabaster Homes is set for 6470 and 6508 Silver Avenue in Burnaby, steps away from Metrotown Station.

Single-family homes are having a moment. Condos, not so much.

The program, new this spring, gives qualified buyers the chance to spend a weekend at ACE — experiencing the suite, building amenities, and Commercial Drive — before committing to a purchase.

There's more happening in the rental market than just rents dropping and vacancies rising.

Starting October 1, 2026, every brokerage in the province will have to attest to and submit an annual financial filing to RECO.

Activity rose across most of the country but leaned heavily on Ontario, and the national average price climbed back above $700,000 for the first time in 23 months.

A rezoning application for 6645, 6659, 6675, 6691, and 6707 Dow Avenue in Burnaby was submitted a few years ago, but Peterson is now revising the plan.

If built as proposed, Toronto Rail Yards would generate significant economic activity: project materials estimate up to 4,600 construction jobs and approximately $1.5 billion in labour income over the course of development.

The subject site of the rezoning application is 259-293 E 11th Ave and 216 Kingsway, which includes Coast Mental Health's offices.

The Villages Planning Program proposes changes that would enable more low-rise housing and shops and services in 17 areas across the city.

Whether it becomes fill, restoration material, or even future building products, the muck excavated from today's transit projects is increasingly being treated as a resource with a second life of its own.