Real Estate News Headlines from Across Canada

REITs & Institutions

Axia Real Assets Bids $1.23B For Plaza Retail REIT

Plaza Retail REIT says the bid from Axia Real Assets was unsolicited, and is now being considered by a special committee.

Development Projects

Grosvenor Ups Vancouver Mayfair West Master Plan To 2,600 Units

A rezoning application for the Oakridge Transit Centre at 929 W 41st Avenue was approved in 2020, but is no longer viable, says Grosvenor.

Industry

Experts On Canadian Housing: What You Missed At SiteSummit 2026

At SiteSummit 2026, three sessions dug into housing from very different angles: a market update, a materials-focused deep dive on mass timber, and a policy panel on what it'll actually take to make things move.

Development Projects

KingSett Buys Insolvent TAS Labatt Village Project With $84.1M Credit Bid

KingSett Capital placed the two-tower TAS project, located at 7 Labatt Ave. and 77 River St. in Toronto, under receivership earlier this year.

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

TD Bank Places 27-Storey Burlington Waterfront Project Under Receivership

The project by Core Development Group was set for 2093, 2097, and 2101 Old Lakeshore Road plus 2096 and 2100 Lakeshore Road in Burlington.

Industry

Moving Day: June 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 June 2026.

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.

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.

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.

Real Estate News

​Plaza Retail REIT says the bid from Axia Real Assets was unsolicited, and is now being considered by a special committee.

​A rezoning application for the Oakridge Transit Centre at 929 W 41st Avenue was approved in 2020, but is no longer viable, says Grosvenor.

At SiteSummit 2026, three sessions dug into housing from very different angles: a market update, a materials-focused deep dive on mass timber, and a policy panel on what it'll actually take to make things move.

​KingSett Capital placed the two-tower TAS project, located at 7 Labatt Ave. and 77 River St. in Toronto, under receivership earlier this year.

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

​The project by Core Development Group was set for 2093, 2097, and 2101 Old Lakeshore Road plus 2096 and 2100 Lakeshore Road in Burlington.

For your information, reference, and networking needs, here are the moves, hires, and promotions the real estate and development industry saw in June 2026.

​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.

​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 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.

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Plaza Retail REIT says the bid from Axia Real Assets was unsolicited, and is now being considered by a special committee.

A rezoning application for the Oakridge Transit Centre at 929 W 41st Avenue was approved in 2020, but is no longer viable, says Grosvenor.

KingSett Capital placed the two-tower TAS project, located at 7 Labatt Ave. and 77 River St. in Toronto, under receivership earlier this year.

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

The project by Core Development Group was set for 2093, 2097, and 2101 Old Lakeshore Road plus 2096 and 2100 Lakeshore Road in Burlington.

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.

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.

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.