If Canada is going to solve its housing crisis, innovation can’t happen in silos.It’s not enough for startups to build exciting new tech, or for municipalities to design forward-thinking policies, or for builders and manufacturers to push for efficiency on their own. What the industry needs is a sha
Toronto-based RioCan REIT (TSX: REI.UN) has reached an agreement that would see the retail-focused real estate investment trust secure complete ownership in the Georgian Mall in Barrie and Oakville Place in Oakville, according to court documents. The transaction is pending approval from the Ontario
Think of Prince Edward County and rolling pastures, lush meadows, and picture-perfect natural beauty quickly comes to mind. Think of a home there, and the historic one located at 1164 Danforth Road is the ideal fit. The three-bedroom, four-bathroom home in the small community of Hillier lends itself
"Make no mistake, the condo market has been dropped to its knees. It’s not a TKO, but let’s give it a standing eight count," reads a recent report from CIBC's Deputy Chief Economist Benjamin Tal and Urbanation's President Shaun Hildebrand. The report delves into the current state of Canada's housing
On Wednesday morning, the Bank of Canada (BoC) announced that they are cutting the policy rate to 2.50% for their July decision. This decision follows three consecutive holds from the central bank in April, June, and July.The BoC has delivered a total of 225 basis points (bps) worth of cuts since Ju
August represented one of the weaker months this year for housing starts, according to the latest data from the Canada Mortgage and Housing Corporation (CMHC). At the national level, the total monthly seasonally adjusted annual rate (SAAR) of starts fell 16% last month, compared to a 4% increase in
Set along one of Rosedale’s most admired streets, 111 Roxborough Drive is a rare find: a home that honours its heritage while embracing thoughtful, design-forward updates. The detached home captures the timeless appeal of Rosedale living with a distinctly modern sensibility, blending early-neighbour
Three months ago, Vancouver-based real estate developer Holborn Group — the Vancouver arm of Malaysia-based real estate giant TA Global — announced their plans for a collection of four towers in downtown Vancouver. Now, full details around those plans have finally been revealed with the City of Vanc
UPDATE: On Wednesday morning the Bank of Canada announced an interest rate cut to bring the overnight lending rate to 2.50%. This Wednesday, September 17 will bring another Bank of Canada (BoC) interest rate announcement, and the third-last of the year. The country is going into this decision with a
In the heart of Picton, just steps from Main Street, an iconic heritage home has been reimagined for modern living — without sacrificing any of its historic soul. Known as the Bigg/Strong House and dating back to 1900, this Queen Anne beauty at 29 Queen Street is a rare blend of architectural charac
August brought a fifth-straight gain in national home selling activity, with the Canadian Real Estate Association (CREA) reporting a 1.1% bump in transactions in its latest statistics package, released Monday morning. Although a 1% uptick is nothing to write home about, it marks “the best month of A
[This is Part Two of a two-part series about the launch of Build Canada Homes, the Government of Canada's new housing entity. Part One is about what the new entity will do and its first round of investments.]On Sunday, Prime Minister Mark Carney announced the launch of Build Canada Homes, the Govern
[This is Part One of a two-part series on the launch of Build Canada Homes, the Government of Canada's new housing entity. Part Two is about Build Canada Homes CEO Ana Bailão.]On Sunday, Prime Minister Mark Carney announced the launch of Build Canada Homes, a new federal housing agency that doubles
A 38-storey infill development could soon join an existing 24-storey apartment building in Toronto's North St. James Town neighbourhood. The tower would be mixed-use in nature and would deliver a new public park and over 400 condos units within walking distance of higher-order transit.Plans for the
A landmark stretch of vacant land at 175–199 Essa Road and 50 Wood Street has come to market under a court-supervised process, presenting a rare chance to shape a large, mixed-use community at Barrie's western gateway.The property spans approximately 55 acres in a high-profile location bordered by E
Welcome to Meet the Agent, an ongoing series profiling real estate agents from across Canada. With more than 150,000 agents, brokers, and salespeople working in 75 different boards and associations across the country, we thought it was about time they had a place to properly introduce themselves. If
Toronto is about to stage a drama unlike any other city on the continent. After years of silence in its glass towers, the country’s most powerful employers are summoning workers back, not for a day or two but for four and five days a week. Sixty thousand civil servants, armies of bank employees, the
Toronto's St. Luke's United Church could soon get a very interesting new steeple in the form of a 48-storey addition that would involve the retention and adaptive reuse of the late-1800s heritage building. The project would be mixed-use in nature and would deliver 15,639 sq. ft of institutional and
Although it was completed relatively recently, the developers of the ICE District in Edmonton have put the Connect Centre retail complex next to Rogers Place on the market, according to a new commercial real estate listing that came online this week.The ICE District is a $2.5 billion mixed-use sport
Toronto real estate agent Shane Little says he’s having to have “frank conversations” with his seller clients — homeowners who have a vivid recollection of what he calls the “FOMO” market that characterized the pandemic year, and the two or so years following. It wasn’t all that long ago, and the ch
On Wednesday, the City of Brampton announced it is reducing development charges (DCs) by up to 100% on purpose-built rental units in order to encourage their construction and "address the city’s growing housing needs."DCs are taxes that builders pay to a city in order to help fund increased infrastr
On Wednesday, Vancouver-based real estate services firm rennie announced that it was launching a new commercial real estate brokerage called rennie Commercial, its latest effort to diversify its offerings and expand its horizons."This new division represents a natural extension of the company’s 50-y
Amid less-than-ideal business conditions in Toronto, one real estate marketing agency is looking further afield for opportunities to expand its footprint and diversify its services — places like Dubai, Florida, and Grand Cayman. The company, Pivot Real Estate Group, leases and sells units in high-,
On Wednesday, CAPREIT (TSX: CAR.UN) and Nch’ḵay̓ — the economic development arm of the Skwxwú7mesh Úxwumixw (Squamish Nation) — jointly announced that they had completed a transaction pertaining to the International Plaza Apartments in North Vancouver.The International Plaza Apartments are located a
