A one-bedroom plus den condo at the King Edward Private Residences in downtown Toronto sold in March 2025 for $640,000, only $2,000 more than what the owner paid in November 2020. This small gain, after more than four years, shows how weak the downtown condo market still is, with many owners either breaking even or losing money once costs are included.

Developer Gordon Wylie, known for his work on projects like the Oakridge Mall revamp and the Metrotown Centre expansion, has turned his attention to a new kind of housing in Prince Rupert, B.C. He is leading a 40 unit rental project called Estrella using modular construction. This method means that individual units are built in a factory, then transported to the site and assembled. The goal is to test whether this way of building can work efficiently on a larger scale.

H\&R Real Estate Investment Trust has confirmed it is examining strategic alternatives after receiving an unsolicited expression of interest. This announcement came from a special committee of independent trustees that H&R’s board formed in February 2025 to carefully assess possible offers.

Most Canadian homeowners are facing a squeeze when renewing their mortgages. Many took on five-year terms around 2020 when interest rates were very low. Now, as those loans renew, rates have climbed, pushing up monthly payments. One typical borrower might see their bill rise by about $320 a month.

As the days grow shorter and the air gets cooler, fall brings a natural shift in how we use our homes. We spend more time inside, wrapped in blankets, sipping warm drinks, and looking for comfort wherever we can find it. Lighting plays a big role in setting that cozy mood—but it can also be a major energy drain if it’s not efficient.

Toronto’s housing market showed signs of renewed life in June, as the number of homes for sale reached a historic high while sales edged higher. By the end of the month, active listings in the Greater Toronto Area climbed to 31,603 properties, a rise of 30.8 per cent from June 2024 and the highest level seen since tracking began in 2002. This surge in listings gave buyers plenty of choices and fresh leverage in price talks.

Rents are starting to fall in several of Canada's largest cities as the number of available rental units grows. According to new data from the Canada Mortgage and Housing Corporation, average advertised rents for two-bedroom apartments in Calgary, Toronto, Vancouver and Halifax all dropped in early 2025. This comes after several years of steep increases that pushed affordability out of reach for many renters. The change suggests that new construction and more supply are finally easing pressure on the rental market.

Renting out your car or backyard can seem like a smart way to make a little extra money. With the rise of sharing platforms, it’s easier than ever to list what you own when you aren’t using it. But before you start renting, you must ask: is my insurance ready for this? Without the right protection, that extra income could lead to big, unexpected costs.

An Ottawa landlord recently received an unexpected letter demanding she pay interest on a water bill her tenant left behind seven years ago. She says she paid the original bill back in 2018 and was under the impression the matter was settled. However, this month, the city billed her for hundreds of dollars in interest—on a debt she thought had been cleared long ago.

A bold and sweeping transformation is underway in northwest Toronto. Woodbine Entertainment has begun construction on a brand‑new GO Transit station at its Woodbine Racetrack site, tucked inside a sprawling 684‑acre parcel in Rexdale. The move serves as the kickoff for a master‑planned urban centre that could reshape this part of the city.

A major real estate opportunity has hit the market in Vaughan, and it’s drawing attention. JLL, a leading global real estate firm, is now listing a nearly five-acre site at 7040 Yonge Street and 72 Steeles Avenue West in Thornhill. The site is owned by Humbold Properties and is being offered for full or partial sale, appealing especially to developers keen to shape the future of the North-Yonge Corridor.

Earlier this month, the City of Coquitlam began consulting the public on an updated plan for how land is used near transit hubs and busy corridors. The focus is on areas around Burquitlam and Lougheed Town Centre stations, along with nearby shoulder zones and key road corridors. This effort reflects the city’s phased compliance with the provincial transit-oriented areas legislation, known as Bill 47.

Canada’s housing market saw a small but notable upswing in May, with home sales across the country climbing 3.6% from April, marking the first monthly increase since last November. This gain offers a glimmer of hope in a market that has been sluggish for half a year. Although just one data point, it may signal the start of a delayed recovery.

May in the Greater Toronto Area saw yet another sharp drop in new home sales. The area recorded just 345 sales of newly built homes. That figure is 64 percent lower than in May 2024 and a staggering 87 percent below the ten-year average — meaning around 2,400 more homes would have sold in a typical May. May marked the eighth straight month of record-low sales, continuing what experts are calling the worst downturn of new home sales in the region on record.

Toronto says it wants more housing, but it’s making it harder to build the very homes that could help solve the crisis. The Ontario government recently made it legal to build sixplexes almost anywhere in the city, but developers say city policies — especially development charges, or DCs — are blocking progress. DCs are fees the city charges builders to help pay for things like roads, parks, and water systems. The idea makes sense in theory, but in practice, they’re making sixplexes too expensive to build.

The new condo market in Toronto and Hamilton has taken a serious turn for the worse. Sales of new condominiums have dropped to their lowest levels in 30 years, while the number of unsold units keeps rising. There are now far more condos available than people looking to buy, which is creating a major imbalance in the market.

A recent report from Canada’s Auditor General shows that the federal government is not moving fast enough to reduce and modernize its office space. Public Services and Procurement Canada first laid out plans back in 2019 to cut down its office footprint, but so far, only about 2 per cent has been reduced—largely because the full effort only started in 2024.

Ontario’s financial watchdog says the province saw the fewest housing starts in the first quarter of 2025 since 2009. Only 12,700 new housing units began construction between January and March—marking the weakest quarterly total in 16 years.

PBA Group has given new life to a long-empty office tower in downtown Calgary. The 12-storey building at 833 4th Avenue SW, once called the Canadian Centre, has been turned into the brand-new Element Hotel by Westin. This is the first time the city’s office conversion incentives were used to make an office into a hotel, and the hotel officially opened its doors on June 19, 2025.

One-third of Canadian renters say they have no plans to buy a home, according to a new national report. This finding comes even though rental costs have started to fall—since May, the average rent for a one-bedroom unit dropped by 3.6% to about $1,857, and by 4.6% to around $2,225 for a two-bedroom. Still, these rents remain much higher than they were a couple of years ago, growing faster than most people’s wages.

Canada’s job market is showing signs of recovery after policymakers returned to historical immigration targets. Earlier warnings suggested that slowing population growth might harm the economy, but the real challenge turned out not to be job losses. Instead, the economy simply couldn’t create enough new positions fast enough to keep up with a growing population. By aligning immigration with long-standing norms, Canada appears to be easing pressure on the job market, allowing job creation to better keep pace with added residents.

Home prices in the Greater Toronto Area fell in the second quarter of 2025 compared to the same period in 2024. The average house price dropped by 3 per cent year-over-year to about $1,155,300. That marks a clear shift, as buyers face lower prices amid a slow market.

Average asking rents across Canada dropped by 3.3 percent in May, compared with the same month last year. The national average asking rent is now $2,129—this marks the eighth straight month in which rents have fallen on an annual basis.

In today’s Canadian real estate market, keeping people’s identities safe and speeding up transactions are top priorities. A new tool making waves is called Interac Verified. It brings together trusted data sources and official documents, making identity checks smoother and more reliable for everyone involved.

Last week, Burnaby’s city council approved a motion by Mayor Mike Hurley asking the Union of British Columbia Municipalities (UBCM) to urge the provincial government to reverse a recent change in the BC Building Code. The revision, introduced last summer, now allows buildings up to six storeys tall to be built with just a single stairway for exiting, instead of the previous requirement of two or more.