Real Estate News

Forest Hill South $23.5M Sale Is Toronto's Priciest In Nearly 5 Years
Sold

Forest Hill South $23.5M Sale Is Toronto's Priciest In Nearly 5 Years

​Selling after garnering three competing offers, 211 Dunvegan Road is the highest-value sale in the neighbourhood’s history, and the most expensive in Toronto in nearly five years.

Real Estate News

BILD: Single-Family Homes Lead GTA New Home Sales In July

​BILD's July numbers show single-family sales riding the HST rebate wave, while condos wait on the sidelines.

Development Projects

The 18 Toronto Developments Supported By $2.7B Federal-City Partnership

Build Canada Homes is providing $310 million towards 9 projects on City-owned land, while CMHC is providing $1.8 billion in financing towards 9 other projects.​

Development Projects

Downtown Eastside Project Breaks Ground With Funding From Feds, BC Builds, UBC

​The 11-storey mixed-use project is set for 315 Main Street (172 East Cordova Street) in Vancouver, and will be owned by the MAC Development and Housing Society.

Renting

City Of Toronto Breaks Ground On Dundas And Ossington Mass-Timber Rentals

The mass timber project on a former City parking lot marks the first groundbreaking under Toronto's new public developer model.​

Development Projects

Medallion Breaks Ground On Oshawa's $188M-Backed Foundry District

​The project is backed by funding from CMHC's Apartment Construction Loan Program, the Region of Durham's Regional Revitalization Program and a grant agreement with the City of Oshawa.

Construction

Inside The New Tool Helping Torontonians Rethink The Single-Family Home

​“A home isn’t just a thing you buy and you’re done with. You need it to constantly evolve as your life changes,” says ReHousing Co-Founder Michael Piper.

Development Projects

Valour Group's 4-Phase Ajax Taunton Condo Project Placed Under Receivership

Valour Group was planning around 1,500 units at 361 Taunton Road West in Ajax, including condos, seniors living condos, and townhomes, but the project was placed under receivership on July 16.

Development Projects

Asia Standard Americas Proposes Third Condo Tower On Vancouver's Robson Street

The proposal includes social housing units, commercial space, and strata units, and is set for 1394 Robson Street, adjacent to the Landmark On Robson towers.

Breaking Charts

Insider: July’s Housing 'Balance' Came From Sellers Backing Away

​"The people still waiting tend to want certainty as much as a deal. They are already watching stocks, bonds, oil, inflation, jobs, population growth, and a trade war. Housing could help by becoming the boring chart."

Real Estate News

Canadian Home Sales Climb For Fourth Straight Month In July

​New listings fell for a third straight month in July, tightening the national sales-to-new listings ratio to 51.3%, within the range CREA considers balanced.

Real Estate News

Build Canada Homes Takes Over Canada Lands Company's Real Estate Arm

The Canada Lands portfolio comprises several closely watched public land plays, including the Downsview Lands in Toronto, sites in Mississauga and St. Catharines, and the Naawi-Oodena lands in Winnipeg.

REITs & Institutions

Boardwalk REIT, Desjardins Form $292M Western Canada Multi-Family JV

​The joint venture is a 50/50 partnership between Boardwalk REIT (TSX: BEI.UN) and Desjardins Global Asset Management (DGAM) with an initial portfolio of 4 assets.