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Cities
Average rents in GTA rise 5th month in a row
Monthly rents have risen in most GTA cities, areas; Average rent for apartments in Toronto in August rose 8% to $2,094 per month from March low of $1,938
Canadian housing market moves from moderate to high degree of vulnerability: CMHC
Canada Mortgage and Housing Corporation (CMHC) says home price acceleration, alongside continued overvaluation, as home prices further detach from fundamental factors, such as labour income, has created a high degree of vulnerability in…
Canadian office vacancy rate highest since ’94, sublet space declining
CBRE says Canada’s national office vacancy rate rose to 15.7% in the third quarter of 2021, surpassing levels reached during the dot-com bubble and global financial crisis. But the outlook is improving, and although the fourth wave has…
Google to spend $2.1 billion on Manhattan campus acquisition
NEW YORK (AP) – Google is planning to buy New York City's St. John's Terminal for $2.1 billion, making it the anchor of its Hudson Square campus.The announcement Tuesday arrives with the city buffeted by the pandemic and most…
Average rents in Canada rise 4th month in a row
Larger units still in high demand as tenants continue to work from home; Canada’s average monthly rent still $190; below market peak of $1,954 in September 2019; Vancouver, Toronto still the most expensive cities for renters
The pandemic highlights the importance of walkable and wheelable neighbourhoods
People living with disabilities have been inordinately impacted by the pandemic.
(Shutterstock)
Hailey Thomas Jenkins, Simon Fraser University; Atiya Mahmood, Simon Fraser University, and Muhammad Nowshervan Qureshi, Simon Fraser…
UBC researchers develop new tool to estimate housing affordability
According to UBC expert Dr. Penny Gurstein, head of the Housing Research Collaborative at UBC’s school of community and regional planning, Canada needs a cohesive strategy to help the more than 1.7 million people currently living in…
What climate change means for southern Ontario and Québec
Six-year-old Makai'ryn Terrio, centre, cools off with his brothers as they play in water fountains in Montréal. The city had its hottest August on record.
The Canadian Press/Graham Hughes
François Brissette, École de technologie…
Making ActiveTO permanent will make exercise accessible to everyone by providing open and safe space
Cyclists ride along Lake Shore Boulevard East as road closures come into effect for the return of the ActiveTO program in Toronto in May, 2021.
THE CANADIAN PRESS/Yader Guzman
Chloe Sher, University of TorontoSince its inception in…
Near record sales in August combined with lowest supply in four decades: Fraser Valley REB
According to a release from the Fraser Valley Real Estate Board (the Board), demand for Fraser Valley real estate remained elevated in August reaching the second highest sales ever for the month against a backdrop of decreasing supply.…