In recent months, rental increases in Canada have started to slow, giving renters in many regions some financial relief. Nationally, the average monthly rent in July was up by just 5.9% compared to the previous year, marking the lowest growth rate in over two years. This slowdown has been influenced by factors such as new condo completions and changing rental demand in larger cities like Toronto and Vancouver, which have even seen slight decreases in their year-over-year rent rates.

In Toronto's prestigious Rosedale neighborhood, a luxurious home at 77 Chestnut Park Road presents an exceptional backyard sanctuary that elevates city living. This estate’s outdoor area is designed to blend natural beauty with refined landscaping, offering a serene escape. Expansive manicured gardens surround the property, creating an oasis of calm and privacy—a rarity in the heart of the city.

Gracorp Properties and Fiera Real Estate are in a legal conflict over their joint venture to develop a 16-storey rental tower at 1045 Burnaby Street in Vancouver. This ambitious project, intended to provide market and below-market rental housing, now faces delays due to disagreements between the two companies. Gracorp, which owns a 10% stake, claims Fiera has unreasonably withheld approvals and unjustly tried to terminate their agreements.

A new 14-storey mixed-use development is proposed for Mount Pleasant East in Toronto, aiming to bring residential and retail spaces to the area. Developed by Sierra Corporation, the building, if approved, will feature 206 residential units, a mix of studios, one to three-bedroom apartments, and ground-floor retail space. The design includes ample green space with terraces on higher floors and a rooftop garden.

Thind Properties, a real estate developer from Burnaby, has officially stepped away from its Minoru Square project, a four-tower development in Richmond, British Columbia. Initially designed to feature an office tower alongside three residential buildings offering 429 units, the project was to be located near major transit and retail centers on Minoru Boulevard. However, financial challenges, including rising interest rates, led the company to pause the project in May 2023 and return deposits to pre-sale buyers.

Maintaining a comfortable home temperature throughout the year can be challenging, especially with the extreme temperatures of summer and winter. Insulation plays a crucial role in regulating indoor temperatures, helping to keep your home cool during the scorching summer months and warm when winter chills set in. Proper insulation not only enhances comfort but also leads to significant energy savings.

As the vibrant colors of fall sweep across the landscape, it’s the perfect time to bring some seasonal magic indoors. Fall 2024 is all about creating a cozy, stylish sanctuary that reflects the warm, earthy tones of autumn and the evolving home decor trends. This season, designers are combining sustainability with comfort, prioritizing natural materials, and inviting decor that helps us unwind and relax. Whether you’re looking to make small updates or a total refresh, there are plenty of ways to make your home feel current and cozy.

Canada's housing starts rose in September after an August dip, reaching an annualized rate of 223,808 units. However, the Canada Mortgage and Housing Corporation (CMHC) warns that this growth is insufficient to address the country’s ongoing housing crisis, which requires much higher construction rates for long-term stability.

Two well-known renovators recently made headlines by transforming a semi-detached house in Toronto’s Junction neighborhood and selling it for nearly twice the purchase price. Starting with a modest purchase, they applied their expertise to completely overhaul the home, adding modern updates and increasing its appeal to Toronto's competitive real estate market.

Residents of Spadina Gardens, an Edwardian apartment building in Toronto’s Annex neighborhood, are voicing concerns over an approved addition that will “float” 10 new stories above their building. The ambitious project aims to retain the original building and avoid tenant relocations, but many worry about safety and the preservation of heritage features during construction. The development is unique, as floating expansions are rarely attempted over century-old structures.

Despite Canada’s efforts to boost new housing construction, housing starts are struggling to keep pace with demand. According to data from the Canada Mortgage and Housing Corporation (CMHC), new starts dropped by 15% year-over-year in September, a sign that the ambitious goal of tripling starts was unrealistic, says BMO senior economist Robert Kavcic. Although annual housing starts still exceed historical averages, the recent decline highlights the challenge of meeting demand as Canada’s population grows rapidly.

Canada's mortgage rates are steady this week, but changes are on the horizon with an expected Bank of Canada interest rate cut. Rates were initially spiking, but major lenders have held steady, awaiting Wednesday's decision. The Bank’s move could spark more affordable variable-rate options for those anticipating further rate reductions through 2025.

Interlocking pavers have become a popular choice for driveways due to their impressive durability and aesthetic appeal. Unlike traditional concrete or asphalt driveways, interlock installations offer homeowners a blend of beauty, strength, and versatility. Made from high-quality materials like concrete, brick, and stone, interlock driveways resist the wear and tear that comes with changing weather, frequent traffic, and heavy loads. With proper installation and minimal maintenance, they provide a long-lasting solution that enhances the property’s curb appeal while adding significant value.

In recent years, the idea of indoor and outdoor living spaces blending seamlessly has gained popularity. More homeowners are realizing the benefits of balancing indoor comfort with the beauty and refreshing ambiance of outdoor spaces. Combining indoor and outdoor living areas not only enhances a home’s appeal but also maximizes usable space and allows for flexible lifestyle options, regardless of the season. Whether it’s entertaining, unwinding after a long day, or spending time with family, merging indoor and outdoor spaces can create a welcoming, versatile environment year-round.

Canada’s housing starts saw a small rebound in September, with a 5% rise to 223,808 units on an annualized basis. However, the Canada Mortgage and Housing Corporation (CMHC) warns this boost falls short of meeting the country’s broader housing needs, especially as major cities continue to face affordability issues.

Canada's mortgage landscape is dynamic, with current low rates reflecting efforts to stimulate the housing market. Canadian homeowners and prospective buyers are encouraged to compare various mortgage options, as rates for both insured and uninsured mortgages vary widely depending on down payments and loan terms. Buyers with insured mortgages can often secure lower rates because default insurance reduces lender risk, which translates to savings.

The Canada Mortgage and Housing Corporation (CMHC) recently reported a boost in the pace of new housing starts for September, showing a significant increase compared to August. This growth is a positive sign in Canada’s ongoing efforts to address housing demands amidst rising prices and limited availability in many areas. The CMHC tracks housing starts as a measure of new residential construction projects, a key indicator of the health of the housing market and broader economy.

In the heart of downtown Toronto, St. Lawrence Market offers residents a bustling urban lifestyle filled with vibrant culture, top-notch restaurants, and endless entertainment. Living here means being steps away from historic markets, trendy cafes, and public transit—perfect for those who enjoy the energy of the city. Many are drawn to this neighborhood for its central location and the ability to experience Toronto's diverse cultural scene just outside their doorstep.

In Metro Vancouver, three-bedroom apartments are seeing low profit margins for developers due to high construction costs and limited demand for apartment-style family units. These larger units, often mandated by local zoning regulations, cost approximately $882,000 each to build but bring minimal returns compared to smaller, one-bedroom or studio units. This financial burden has made three-bedroom apartments financially unappealing to developers.

Electrical panels are essential components of any home’s electrical system. They serve as the control center for your electricity, distributing power throughout your home. An efficient electrical panel ensures that your home runs smoothly, safely, and efficiently. Over time, these panels may become outdated or overwhelmed due to increased electrical demand from modern appliances and technology. Updating your electrical panel is crucial for maintaining safety and performance in your home. Timely updates can prevent serious issues and ensure your electrical system meets current standards.

Interlocking pavers have become a popular choice for driveways due to their impressive durability and aesthetic appeal. Unlike traditional concrete or asphalt driveways, interlock installations offer homeowners a blend of beauty, strength, and versatility. Made from high-quality materials like concrete, brick, and stone, interlock driveways resist the wear and tear that comes with changing weather, frequent traffic, and heavy loads. With proper installation and minimal maintenance, they provide a long-lasting solution that enhances the property’s curb appeal while adding significant value.

In September, Canada's housing market showed little change, suggesting a trend of hesitant buyers hoping for lower interest rates. Although sales figures held steady compared to August, the data reveals limited enthusiasm from buyers as higher borrowing costs continue to deter new purchases. With monthly sales barely shifting, many buyers seem to be waiting for rate cuts before jumping back into the market.

In recent news, Canada’s inflation rate has seen a notable drop, primarily influenced by declining gasoline prices, which significantly impacted September’s Consumer Price Index (CPI) results. The annual CPI growth rate decreased to 1.6%—the lowest since early 2021. This sharp decline raises concerns about whether the economy will slow too quickly, prompting potential action from the Bank of Canada (BoC).

Canada's housing market showed little momentum in September, with home sales growing only slightly compared to recent months. The Canadian Real Estate Association (CREA) reports that although sales are up about 1.9% over August, they remain below last year’s levels. High interest rates and economic uncertainties are factors that have been discouraging potential buyers across much of Canada.

The Canadian Real Estate Association (CREA) recently downgraded its housing market forecast for 2024, citing slow sales despite the Bank of Canada’s rate cuts. CREA now predicts about 468,900 properties will sell this year, marking a 5.2% rise from 2023, though lower than previous forecasts. The average home price for 2024 is also expected to grow just 0.9% to $683,200.