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Canada’s commercial real estate sector could be at a turning point after the national vacancy rates for both office and industrial properties simultaneously declined for the first time since 2020, a new analysis has found.
Toronto’s condo market has officially hit an all time low for the first time in 35 years as new sales continue to plunge with “no new project launches” to start the year, a new report suggests.
The number of houses available for sale has dropped to historic lows in the St. John’s region, while buyers are throwing everything they have at what little is available.
Canada Mortgage and Housing Corp. says the seasonally adjusted annual rate of housing starts in March fell six per cent compared with February.
For Nelgun Romero, owning a home once felt far out of reach. He moved from the Philippines to Ontario in 2021. With housing prices and the cost-of-living skyrocketing in Canada, he didn’t know what his future would look like.
The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2026, while the number of homes across the country sold in March fell 2.3 per cent from a year earlier.
Choice Properties REIT and KingSett Capital have signed a deal worth more than $9 billion to buy First Capital REIT and split up the trust’s shopping centre-focused real estate portfolio.
The Canadian housing market is being split into two extremes where some affordable cities are booming while big cities are seeing prices drop, according to new data from Royal Lepage.
A housing market survey forecast predicts a possible uptick in housing prices across the country, though it looks as though Toronto will be bucking the trend.
As some major cities across the country see house prices drop, a very different narrative is playing out across Saskatchewan.
Prospective homebuyers are being offered a chance to “test drive” a condo development in East Vancouver—by spending a weekend living at the property.
Quebec’s real estate board says Montreal-area home sales rose 2.2 per cent on a year-over-year basis in March, ending a streak of four consecutive months of declines.
A new report says March featured the largest drop for average asking rents in Canada in nearly five years.
A $2.65-million home sale that fell apart in June 2022, leaving both buyer and seller accusing the other party of breaching the contract, has been resolved in B.C. Supreme Court.
Home sales in the Greater Toronto Area rose on a year-over-year basis in March for the first time in six months, while average selling prices moved lower again.
Ami Maknoon is hit with a wave of mixed emotions as he stares at the half-completed condo building along Toronto’s Lake Shore Boulevard. One of those units was not only meant to be home to his growing family, but an investment for his two daughters when he put a down payment on one-bedroom back in 2018.
