Real Estate

Statistics released by the Canadian Real Estate Association (CREA) show home sales recorded over Canadian MLS Systems edged down 0.9 per cent in December 2019.Activity is currently about 18 per cent above the six-year low reached in…

OTTAWA – The Bank of Canada is keeping its key interest rate target on hold at 1.75 per cent and forecasting a slower-than-expected start for the Canadian economy in 2020.In its latest forecast, the central bank predicted the Canadian…

TORONTO — The federal government committed $200 million for affordable rental units at the former site of an iconic department store in Toronto on Thursday, with Social Development Minister Ahmed Hussen saying the money will ensure the…

Rentals.ca and Bullpen Research & Consulting’s December National Rent Report forecasts a 3 per cent year over year rental rate increase on a national basis in 2020.Annual rental rates could increase in 2020 by as much as 7 per cent…

According to Altus Group’s latest Housing Report, total housing starts in Canada during the 2010s reached 201,000 units on an average annual basis, and tied for the 2nd best decade ever, after the 1970s.In the 2000s, just under…

Canadians hunting for an apartment are feeling the squeeze as rental availability dropped for the third straight year to reach a 17-year low, the Canada Mortgage and Housing Corp said Wednesday.The tightening market is pushing…

Transwestern Commercial Services and Devencore’s 2020 Commercial Real Estate Sentiment Survey reveals the U.S. index averaged 106.9 for 2020 office market conditions, signaling expansion above the 100 neutral zone, but still down from 111.2…

Fengate Asset Management and Freed Developments Ltd. have acquired a 5.4 acre, transit-oriented and mixed-use site with development entitlements in the City of Toronto from Allied Hotel Properties Inc.Fengate is managing this joint…

Representatives from CIBC, EllisDon, Ivanhoé Cambridge and Hines raised a ceremonial last steel beam at 81 Bay Street on January 8th. The event marks the final phase of construction for the first of two office buildings that will become…

TORONTO – Ontario's ombudsman is launching an investigation into delays at the Landlord and Tenant Board.Paul Dube says case backlogs at the board are getting worse and complaints to the ombudsman's office about long waits for hearings…