Peterson has successfully completed the purchase of Create Properties’ stake in the Burnaby Lake Village project, bringing the 19-acre development fully under its control. The project, located next to the Sperling Burnaby Lake SkyTrain station in Burnaby, had nearly 6,000 planned homes across 14 mixed-use buildings. This change ends a lengthy and costly conflict between the two local developers.

A new online platform is changing the way Canadians sell their homes by giving them more choice, control, and even cash. The company helps homeowners connect with real estate agents who bid for the right to list their property. Instead of sellers searching for an agent, agents now pitch themselves and offer up-front cash payments to win the listing. This flips the usual process on its head and gives sellers more power from the start.

Thanksgiving is one of the busiest times in the kitchen. From roasting the turkey to baking pies, your stove and oven work overtime during the holiday. The last thing you want is a broken burner or a slow-heating oven right when guests are arriving. That’s why autumn is the perfect time to give your cooking appliances some attention. A few simple checks and cleanups in October can make sure everything runs smoothly when you need it most.

Peterson Group has now taken full control of the Burnaby Lake Village development in Burnaby, British Columbia. Earlier this year, the project entered creditor protection after a disagreement between Peterson and Create Properties led to a default on a large loan. Under creditor protection, the project was shielded temporarily from creditors to allow for restructuring.

A new real estate platform has quietly begun to change how people in Canada sell their homes. Called Hyyve, this platform is now live in Toronto with about 500 carefully chosen agents who offer upfront cash to home sellers in return for the chance to list their property. Sellers can look at different proposals from agents, comparing them side by side based on the cash offer, the agent’s background, and what extra services they provide.

As the days get shorter in fall and winter, your home depends more on artificial light. This means lights are on for more hours each day, which can quickly raise your energy bill. Many homeowners don’t realize how much electricity is wasted by using old bulbs or lighting spaces that don’t need it. But with a few smart changes, you can brighten your home while saving money and energy at the same time.

Brad-Jay Investments, which has owned and managed Jane Finch Mall in Toronto’s Jane and Finch neighbourhood since 1968, has taken a major step toward transforming the site. In June 2025, the company announced that Hullmark, a respected Toronto-based developer, has acquired a minority stake in the property and will take on the role of Master Development Manager to oversee a comprehensive redevelopment project. This marks a pivotal milestone in a project set to unfold over decades, reshaping a long-standing community hub.

In June this year, the average price of a home in the Greater Toronto Area fell by more than five per cent compared to the same month last year. This marked the largest year-over-year drop in years and caught attention as a possible turning point in the housing market.

A new housing project is moving forward in Scarborough with the developer submitting a Site Plan Approval (SPA) application for a mixed-use development featuring two towers of 34 and 11 storeys. The proposal would replace an existing low-rise commercial plaza at 2157 to 2183 Lawrence Avenue East, near the corner of Birchmount Road, and bring 565 new rental units to the area.

Camrost Felcorp, a well-known developer in the Greater Toronto Area, has announced that Joseph Feldman will become its new President and Chief Operating Officer. This change in leadership comes as the company prepares to celebrate its 50th anniversary. The move reflects a strategic plan to guide the firm into its next half century.

When the temperature drops suddenly, one of the biggest threats to your home is burst pipes. A frozen pipe can crack and flood your house, causing thousands of dollars in water damage. This usually happens when water inside the pipe freezes and expands, putting pressure on the pipe walls until they break. Repairing burst pipes can be expensive and stressful—and often avoidable.

Toronto’s city planners, developers, and councils are wrestling with a surprisingly tricky question: what exactly is a multiplex? Right now, the rule is fairly clear: in neighbourhoods zoned for low-rise homes, you can build up to four housing units on a single lot. But soon, that may change. The city’s Planning and Housing Committee is considering expanding the definition to allow up to six units—raising the question: when does a multiplex become something more?

After a slow few months, the Greater Vancouver housing market is finally showing some signs of life. In June, home sales picked up, although still down compared to last year. There were 2,181 sales that month, about 9.8 per cent lower than in June 2024, but the drop was half of what it was in May.

Every Canadian winter brings the risk of frozen pipes. When temperatures drop below zero, water in pipes can freeze and expand, causing pipes to crack or burst. This isn’t just a small leak—it can lead to serious water damage, costly repairs, and major inconvenience. Pipes in unheated areas like basements, attics, garages, and even behind poorly insulated walls are especially at risk.

The City of Vancouver has introduced a bold new plan shaping the future of the Rupert and Renfrew neighbourhood over the next few decades. Spanning roughly 660 hectares around the Rupert and Renfrew SkyTrain stations, this project aims to add up to 10,100 new homes, accommodate nearly 18,700 more residents, and create around 8,300 jobs in the area over the next 25 years. It marks a major step in responding to housing shortages and growing demands across the region.

A Vancouver man and his company have been ordered to pay a total of $80,000 to British Columbia’s real estate regulator after admitting to managing properties without a licence for more than eight years.

As the weather cools down and the leaves start to fall, it’s time to start thinking about winter. Many people wait until the cold hits to deal with home issues, but that can be an expensive mistake. Fall is the perfect season to get ahead of costly winter problems by taking care of small repairs now. These quick and simple fixes can make a big difference in keeping your house warm, your bills low, and your stress levels down when the temperatures drop.

Canada’s real estate scene is showing some signs of life, especially in British Columbia, where several big names in development and brokerage have recently made key hires and promotions. For example, Concert Properties elevated Craig Watters to COO, Wesgroup promoted Meghan Murtha to general counsel, and Wesbild appointed Betty Wong as director of development accounting. Companies like Townline, Cascadia Green Development, Tera Development, Anthem Properties, Zenterra, Ledingham McAllister, and QuadReal also added staff across roles ranging from leasing to finance and leasing operations. These moves suggest industry players are preparing for future activity, even amid a market that has recently felt sluggish.

Mortgage lenders, like central bankers and bond traders, are watching the rental market closely as Ontario sets its rent increase guideline for 2026 at just 2.1 percent. This cap is the smallest in four years, showing the province’s effort to limit cost increases for renters while the economy faces uncertain times. Everyone, from tenants worrying about higher bills to lenders calculating mortgage risks, is paying attention.

Every home has its quirks—some charming, others frustrating. Squeaky floors, loose railings, and similar small problems often get ignored because they seem minor. But over time, they can become bigger issues, making your home feel less safe or just plain annoying to live in. Thankfully, many of these problems have simple, affordable fixes that don’t require calling a contractor.

British Columbia’s real estate and development industry is seeing new hires and promotions this June, even as the housing market remains in a slower phase. Companies across the province are reshaping their leadership teams to prepare for the next wave of challenges in construction, financing, and housing supply.

Ontario’s government has set the maximum allowable rent increase for 2026 at 2.1 per cent. That is the smallest increase allowed in four years, showing a strong move to help keep costs manageable for renters across the province.

Owning a home in Canada comes with its fair share of responsibilities. Whether you live in a downtown Toronto condo or a detached home in Alberta, there’s always something that needs fixing. From harsh winter damage to wear and tear from everyday use, repairs are part of homeownership. That’s why having the right home repair tools isn’t just helpful—it’s necessary.

Canada’s homebuilding pace must roughly double over the next ten years if the goal is to restore housing affordability to where it stood before the pandemic. Between 430,000 and 480,000 new homes need to be built every year until 2035, compared to the usual 245,000 or so per year. That means up to 4.8 million more homes than currently expected are needed to return to the affordability levels seen in 2019.

Condominium sales in Toronto and Vancouver have tumbled, with big drops that are hard to ignore. In Toronto alone, sales are down 21.7 percent compared to last year, while more than 20,000 condo units are sitting unsold. That’s a lot of empty homes waiting for buyers.