Increased efficiency and reduced costs. That is what AI promises the commercial real estate industry. And it’s a tantalizing promise, but despite the big buzz around big tech, a recent report shows uptake of AI solutions in the commercial segment has been underwhelming. Why?According to a recent sur
Last week, Canadian residential real estate brokerage Sutton Group and American luxury real estate brokerage Douglas Elliman announced a two-pronged cross-border relationship that will see the American brand enter Canada, and the two companies establish a two-way referral program.After buying the li
Ontario is moving to take a bigger swing at housing affordability — this time by scrapping the HST on new homes for a broader pool of buyers.As part of its 2026 Budget, the Government of Ontario says it will remove the full 13% Harmonized Sales Tax for eligible purchasers of new homes priced up to $
There is no easy way to control consumer sentiment, macroeconomic conditions, or the cost of construction materials (let alone tariff threats from our neighbour), which is a big reason why the real estate industry has been so focused on development charges (DCs) in recent years.Development charges a
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
For years, the obituary for the “Great Canadian Dream” of homeownership has been written in steep market prices and interest rate hikes. But according to RBC’s Spring 2026 Home Ownership Poll, the dream hasn’t actually died – it’s adapted. The online survey polled 1,719 Canadians between January 7 a
You can have a development proposal for a beautiful building, or a financially-viable affordable rental project, or a sprawling transit-oriented mixed-use community, but you can’t do anything without support from lenders. So, knowing what lenders are thinking can go a long way.Every year, CBRE Canad
Between ongoing demand shifts, immigration policy tweaks, and threats of tariffs, 2025 was a temperamental year for the Canadian construction sector to say the least. But 2026 may bring some stability, according to an annual report published earlier this month by construction consultancy firm BTY Gr
Toronto’s countless windowless dens – often marketed as “+1s” – are used for everything from home offices and nurseries to yoga spaces and closets. While some may call these spaces essential entry-level inventory, and a selling point when it comes time to move, industry experts say many of today’s c
The Bank of Canada left its overnight rate at 2.25% on Wednesday — as many of the nation's banks had predicted — keeping borrowing costs steady as global and domestic developments continue to shape the economic outlook. Volatility has spiked since the outbreak of conflict in the Middle East, with oi
After a month hiatus, another Bank of Canada (BoC) interest rate announcement is scheduled for tomorrow morning — Wednesday, March 18. We’re going into this decision with a policy rate of 2.25% after two consecutive holds at the December and January 2025 announcements. “Governing Council judges the
Last summer, Chartwell Retirement Residences (TSX: CSH.UN) announced that it had reached an agreement to acquire a portfolio of six seniors housing communities located in southwest Ontario for $432 million, continuing to expand its footprint in the region.The portfolio of six properties represented
Canada’s housing construction trend remained largely unchanged in February, even as monthly starts ticked higher, according to new data from the Canada Mortgage and Housing Corporation.CMHC reported that the six-month trend in housing starts — measured as the six-month moving average of the seasonal
We're in the midst of a push to build more family-sized units in Toronto, and a proposed change to The Gupta Group’s Young City Square project is sympathetic to that. The 32- and 14-storey development at 4050 Yonge Street in North York was first proposed in February 2020, launched presales in March
This week, High Art Capital and the Building Ontario Fund announced that they had partnered to launch the GTA Rental and Affordable Housing Initiative, a fund that will “acquire blocks of newly completed, unsold condominium units across the Greater Toronto Area and convert them into long-term rental
In late-February, Ottawa-based real estate firm Regional Group announced that they had acquired 150 Slater Street in downtown Ottawa, a landmark office building near Parliament Hill.Located at the corner of Slater Street and O’Connor Street, two blocks away from Confederation Park and within 50 metr
Canada added more new housing supply in 2025, driven largely by record rental construction and a growing share of missing middle housing — but new data suggests underlying vulnerabilities are building, particularly in major ownership markets like Toronto and Vancouver.According to the Spring 2026 Ho
Fresh off of a brand refresh, Vancouver-based Peterson is now advancing one of its largest planned projects to date, according to a new rezoning application published by the City of Vancouver last week.The subject site is 605-695 SE Marine Drive, located at the northwest corner of the intersection w
All across the Greater Toronto Area, malls are being reimagined into sprawling mixed-use communities — a movement that’s bringing more housing to transit-oriented sites, while lending fresh relevance to retail. And now, Cadillac Fairview has some skin in the game. The commercial real estate giant ow
The pandemic, and the atypical years that followed, turned Canadians on their heads in more ways than one. For those who grabbed the opportunity for a cheap mortgage with both hands, the win was short-lived. Within years, the mortgage space would be rife with warnings of a renewal wave sold as nothi
There are varying statistics and things are improving, but even so, women are estimated to represent just ~15% of the construction sector workforce in Canada. Any given construction site is home to a variety of people who play different roles, with one of the most important being the crane operator
The dust is yet to settle from the release of BC’s Budget 2026. Weeks later, developers are still reeling, and say that it does nothing to encourage the housing development that the province badly needs. Even worse, they worry that tax measures introduced are actively discouraging it.“A signal was s
A leadership program aimed at women working in high-pressure, industrial sectors is landing in Vancouver this spring.CALIBRATED: A Leadership Experience for Women Who Build will take over the Vancouver Club on May 13, bringing together women in senior leadership, executive, and technical roles acros
After a softer start to the year, tightening market conditions could set the stage for a rebound in Greater Toronto Area home sales later in 2026, according to the Toronto Regional Real Estate Board. New data from TRREB shows that while resale transactions declined year-over-year in February, new li
