3 h. ago Canada’s Trump trade tensions ‘intensifying’ trend of falling rents, says RBC

Rents have dropped in half of Canada's major cities, especially in regions hit by job losses

Economics

8 h. ago These are the features that homebuyers in Canada say are their biggest dealbreakers

There are many factors Canadian homebuyers need to consider when it comes to making the big purchase.Sometimes, the decision comes down to budget; other times, it comes down to checking off all of the amenities on your wishlist.When it comes to dealbreakers for Canadian homebuyers, a new Leger survey commissioned by RE/MAX Canada found that what's on the outside might matter more than what's on the inside.The survey found that prospective homebuyers are judging listings based on curb appeal and the state of the neighbourhood even before they stop inside the home."While the home is the ultimate goal for buyers, the neighbouring properties and surrounding community often say a lot about what life might be like there for you, as a resident," said Don Kottick, president of RE/MAX Canada."Not all homebuyers are able or willing to see past a rough exterior to find properties with potential, and something like an unkempt streetscape could be their sign...

Other

9 h. ago Cameron Stephens Launches Accelerated Lending Program to Support Commercial Real Estate Loans Up To $15 Million

TORONTO — Cameron Stephens Mortgage Capital Ltd. (“Cameron Stephens”) is pleased to announce the launch of its new Accelerated Lending Program, designed to offer borrowers fast, flexible financing solutions for commercial real estate (“CRE”) transactions up to $15 million. Built to meet the needs of today’s market, the Accelerated Lending Program provides single advance inventory, […]

Economics

18 h. ago A cute Toronto home with a pool is surprisingly going for under $700,000

It's been hot in Toronto. Like, really hot. And while Toronto's outdoor public pools are a summertime lifesaver, you know what's even better than swimming with the masses?Having your own pool just steps from your back door.If that sounds like the dream, then a newly-listed home at 25 Farmbrook Rd. might just make it your reality.The backyard.This delightfully affordable (by Toronto standards) detached sidesplit comes with its very own in-ground pool, perfect for cooling off in style.The primary bedroom. But the pool is just the beginning with this property.The living room and dining room. Inside, there's original hardwood flooring, a sun-filled living and dining room with tall ceilings, and an eat-in kitchen complete with a pantry and a walkout to the backyard.The kitchen. Sure, it could all use some updating depending on your taste, especially the kitchen.But it's certainly a good starting point, and is move-in ready ...

Economics

32 h. ago Buyers are getting homes for way under asking price across these GTA neighbourhoods

Home sales are slowly starting to pick up again in and around Toronto, which has seen an extended period of real estate turmoil while buyers wait to see what comes of the trade war with the U.S. and the economic recession.Sick of standing by for a better time that may never come, more homeowner hopefuls waded into the market in July, which had the largest uptick in transaction volumes of any July since 2021.Part of what helped this was softer prices, especially in the condo sector, where the standard unit now sells for 9.3 per cent less than it was a year ago.Meanwhile, the average sales price across housing types in the region has fallen 5.5 per cent over the same period, in part due to bidders successfully offering less than the asking price to desperate sellers whose properties are sitting up for grabs for far longer than ever.Toronto-based real estate agency Wahi regularly assesses where and to what degree houses and condos in the region are go...

Economics

33 h. ago China Evergrande to be delisted from Hong Kong stock exchange following debt woes

HONG KONG (AP) — China Evergrande on Tuesday said it will be delisted from Hong Kong’s stock exchange on Aug. 25, more than a year and a half after the city’s court ordered the heavily indebted real estate developer to be liquidated in another setback to mainland China’s property sector. Evergrande was the world’s most […]

Economics

34 h. ago Evergrande’s Debt Hits $45 Billion With Restructuring Ruled Out

China Evergrande Group’s debt load is far bigger than earlier estimated, amounting to HK$350 billion ($45 billion) as any “holistic” restructuring of the Chinese real estate firm is deemed out of reach, according to the developer’s court-appointed liquidators.

Economics

34 h. ago Veteran Real Estate Coach and Business Builder Pam O’Bryant Launches High

Former KW executive brings nearly 30 years of leadership, coaching and business development expertise to Real’s innovative platform MIAMI — The Real Brokerage Inc. (NASDAQ: REAX), a leading real estate technology platform transforming the industry through innovation and culture, today announced that internationally recognized real estate coach, author and entrepreneur Pam O’Bryant has joined Real […]

Economics

43 h. ago Dodgers star Ohtani, agent accused of sabotaging $240M Hawaii real estate project

A Hawaii real estate investor and broker are suing Shohei Ohtani, claiming the Los Angeles Dodgers star and his agent got them fired from a $240-million luxury housing development on the Big Island’s coveted Hapuna Coast that they brought him in to endorse. According to the lawsuit filed in Hawaii Circuit Court on Friday, Ohtani’s […]

Economics

43 h. ago Dodgers star Shohei Ohtani and agent accused of sabotaging $240M Hawaii real estate project

A Hawaii real estate investor and broker are suing Shohei Ohtani, claiming the Los Angeles Dodgers star and his agent got them fired from a $240 million luxury housing development on the Big Island’s coveted Hapuna Coast that they brought him in to endorse. According to the lawsuit filed in Hawaii Circuit Court on Friday, […]

Economics

53 h. ago Hudson’s Bay lease sale may negatively impact pension fund: OMERS’ real estate arm

TORONTO — The real estate investment arm of one of the country’s largest pension funds is worried about the value of its assets if a B.C. billionaire is able to buy 25 Hudson’s Bay leases at its properties. In court documents filed over the weekend, Oxford Properties Group argues Ruby Liu would diminish the value […]

Other

55 h. ago Underwater on your home? Selling now should be your last resort

In his return to the Financial Post, Garry Marr looks at what a homeowner who bought at the top should do in a market that has finally come off the boil

Economics

57 h. ago This Surrey development is being billed as 'Canada's first 15

Residents have raised concerns for gentrification, unaffordability and lack of safety measures for 15-minute cities, researcher says

Sport

3 d. ago Lavish $39 million Ontario mansion comes with stunning fountains and private dock

Oakville's waterfront has long been a playground for the astronomically wealthy—think Bridle Path, but with fewer rappers and more bank CEOs and boardroom titans.And 2054 Lakeshore Rd. East might just be the crown jewel of this elite lakeside enclave.Recently listed for a staggering $39,000,000, this mega-estate is reported to be owned by Michael Selim, who was the former president of TechCraft Manufacturing, a company that integrated electronics into furniture.The driveway and manicured gardens. But now the former furniture mogul has put his own masterpiece on the market. And it is nothing short of spectacular.The dock overlooking the lake. Perched on 1.5 acres of pristine lakefront, this home boasts 166 feet of private shoreline, a dock, and a stairway that leads directly into Lake Ontario.An aerial view of the property. It's less a house and more a private resort.The primary bedroom. Designed by architect Gren Weis and built by Cou...

Economics

4 d. ago Landlords say Ruby Liu’s plan for Bay properties ‘defies commercial common sense’

TORONTO — Several of Canada’s most prominent real estate companies are slamming an attempt from a B.C. billionaire to take over 25 former Hudson’s Bay leases, saying her plan for their spaces “defies commercial common sense” and is “entirely unrealistic.” The landlords, including Cadillac Fairview, Oxford Properties, Ivanhoe Cambridge, KingSett Capital Inc., Morguard Investments Ltd. […]

Other

4 d. ago Someone got real creative with red paint in this $900,000 Toronto house

As many interior designers will tell you, paint can do remarkable things to transform your home. And it's true, industry experts suggest that a well-executed exterior paint job can increase a home's value by two to five per cent.Additionally, a professional painting job can yield an average return on investment of around 107 per cent, adding between $2,000 to $16,000 or more to the resale value. The view from the front entrance. However, in the case of 6 Seminole Ave. the paint is hurting more than helping sell this Toronto home. The basement has a separate entrance. Last time this house was on the market, it sold within eight days for 12 per cent over asking. One of the bedrooms. On the other hand, it has been on and off the market since 2024 and has dropped its asking price three times from $1 million, down to its current price tag of $899,000.The front of the house. Why the lack of love this time around...

Economics

5 d. ago RioCan pulls financial support for some properties in Hudson’s Bay joint venture

TORONTO — RioCan Real Estate Investment Trust says it’s cutting financial ties to five properties held in its joint venture with the now-defunct Hudson’s Bay as it works to move past the debacle as quickly as possible. “We can report that RioCan has elected not to participate financially in 5 of 12 assets,” said chief […]

Other

5 d. ago RioCan REIT sees profit rise in second quarter despite Hudson’s Bay strife

TORONTO — RioCan Real Estate Investment Trust says it’s cutting financial ties to five properties held in its joint venture with the now-defunct Hudson’s Bay as it works to move past the debacle as quickly as possible. “We can report that RioCan has elected not to participate financially in 5 of 12 assets,” said chief […]

Culture

5 d. ago Chic condo project on Vancouver's west side mired in receivership proceedings

In a tough market where many such proceedings are happening, the four-storey Chloe building off the Arbutus Greenway stands out. Here's why.

Other

5 d. ago Choice Properties Real Estate Investment Trust Completes Issuance of $350 Million Series W Senior Unsecured Debentures and $150 Million Series X Senior Unsecured Debentures

Not for distribution to U.S. News Wire Services or dissemination in the United States. TORONTO — Choice Properties Real Estate Investment Trust (“Choice Properties”, the “Trust” or “we”) (TSX: CHP.UN) announced today that it has completed its previously announced issuance, on a private placement basis in certain provinces of Canada (the “Offering”), of (i) $350 […]

Economics