pandemic

TORONTO — CBRE says Canada's national office vacancy rate hit an all-time high in the first quarter of the year.The real estate firm says the country's overall office vacancy rate amounted to 17.7 per cent, while downtown office…

TORONTO — Ontario's financial services watchdog is proposing changes to guidance offered to mortgage agents and brokerages in an effort to deter deceptive and fraudulent mortgage activity.The Financial Services Regulatory Authority of…

New homes sales in the GTA were down  76 per cent from February 2022 and 69 per cent below the 10-year average, according to Altus Group*, BILD’s official source for new home market intelligence.According to reports, this was the second…

TORONTO — With two kids under the age of six living in a two-bedroom, one-bathroom household, Jacquelin Forsey and her husband have long known it would only be a matter of time before their family outgrew their beloved home.Long hours…

The average asking rent for all property types in Canada rose 9.7 per cent year over year in February, to $1,984, according to the Rentals.ca  and Urbanation latest National Rent Report.This is the first time since June that average…

OTTAWA – The Bank of Canada is holding its key interest rate steady for the first time in a year while reiterating its wait-and-see approach to monetary policy.The central bank said Wednesday that it has decided to hold its key rate…

TORONTO – The outlook for commercial real estate looks ``bumpy'' in the near term, but CBRE's 2023 forecast predicts a soft landing could still be in the cards.The Canada Real Estate Market Outlook report, released Tuesday, predicts…

The GTA new home market saw a slow month in January, according to the Building Industry and Land Development Association (BILD).There were 567 new home sales in January, which was down 81 per cent from January 2022 and 70 per cent below…

TORONTO — A new report says the average listed rent for all property types in Canada jumped by 10.7 per cent year-over-year in January, the ninth straight month of double-digit increases.The report from Rentals.ca and Urbanation…