4 h. ago Allied Announces Voting Results from the 2025 Annual and Special Meeting of Unitholders

TORONTO, May 06, 2025 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today the results of matters voted on at its annual and special meeting of the holders (the “Unitholders”) of units and special voting units of Allied (collectively, “Units”) held on May 6, 2025 (the “Meeting”). The voting results for […]

Other

5 h. ago Dream Industrial REIT Reports Strong Q1 2025 Financial Results

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. All dollar amounts are in Canadian dollars unless otherwise indicated. TORONTO — Dream Industrial Real Estate Investment Trust (DIR.UN-TSX) or (the “REIT” or “Trust” or “Dream […]

Other

6 h. ago Slate Grocery REIT Announces Voting Results from 2025 Meeting of Unitholders and Posts Q1 2025 Earnings Call Transcript and Investor Update

TORONTO — Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that each of the trustee nominees listed in the management information circular of the REIT dated March 18, 2025 were elected as trustees of the REIT at its annual meeting of the holders […]

Other

6 h. ago Smith defends timing of Alberta referendum speech as Carney calls for Canadian unity

"You can always ask a question," Carney said of a potential Alberta separation referendum, "but I know how I'd respond." 

Transport

8 h. ago WATCH: Carney and Trump talk about trade, security and Canadian sovereignty

WATCH: Prime Minister Mark Carney visits President Donald Trump in the Oval Office at the White House, and take questions from the media. What do YOU think? Tell us your thoughts in the comment section below or send us a Letter to the Editor for possible publication to torsun.editor@sunmedia.ca.  Letters must be 250 words or […]

Economics

8 h. ago Canadian PM Carney Tries to Disarm Trump With Real Estate Talk

Prime Minister Mark Carney had a clear strategy for telling President Donald Trump to his face that Canada won’t become the 51st US state: put it in the language of a land deal.

Transport

12 h. ago Toronto home sales taking absolute nosedive and nobody wants to buy

While the trade war is expected to have some effect on Toronto area real estate, given the substantial blow it's posing to Canada's economy overall, the market has already been in the pits for years now, falling far from the days of quick, easy sales for well over asking price.Listings keep accumulating — putting Toronto at the top of the nation's list for most homes hitting the market — while sales are diminishing to rock bottom levels not seen in decades.April's numbers, just released by the Toronto Regional Real Estate Board (TRREB) on Tuesday, serve to reinforce fears that we may have yet to see the worst for local homeowners, many of whom vastly overpaid for the dream of owning a space of their own in the infamously overvalued city.Last month saw 23.3 per cent fewer homes changing hands across the Toronto area than in April of 2024, making for the worst non-pandemic April for sales in 29 years.The average selling price o...

Other

16 h. ago Trump, Carney to Meet With $900 Billion Relationship on the Line

Canadian Prime Minister Mark Carney is set to meet President Donald Trump inside the Oval Office in a high-pressure bid to reset a relationship that has been shaken up by tariffs and US threats to Canada’s sovereignty.

Economics

17 h. ago Brookfield Asset Management Announces Record First Quarter Results

Quarterly Fee-Related Earnings up 26% Year-Over-Year to Nearly $700 Million $25 Billion of Capital Raised in the Quarter and Over $140 Billion Raised in the Past Year Closed $6 Billion in the First Quarter for Real Estate Flagship—Currently at $16 Billion; Now Set to Be Our Largest Real Estate Strategy NEW YORK, May 06, 2025 […]

Sport

23 h. ago Striking $5 million Ontario mansion is a dream home if you love natural light

You'd be hard-pressed to find any potential home buyer (or window shopper, like me) who'd prefer fewer windows to more, but this Ontario home takes natural light to the next level.Located in the prestigious Mississauga enclave of Mineola, 267 Kenollie Avenue is a striking, custom-built gem on an 80 x 193 ft. lot, boasting around 7500 sq. ft. of living space and, as you may have gathered by now, a deluge of natural light from large windows around every corner.It's also located close to public and private schools, waterfront trails, Port Credit's vibrant shops and restaurants, and it is a short commute to downtown Toronto on the QEW or GO Transit. Not too shabby!The entrance of 267 Kenollie Avenue.The home's resort-inspired design is immediately evident in its variety of sleek, contemporary finishes from the moment you enter the home. Heat-engineered hardwood floors, a breathtaking floating staircase and 20 ft. ceilings are some of the first things you'll see u...

Economics

27 h. ago RioCan Announces Strong First Quarter Results – Solid Leasing Spreads and Same Property NOI Growth Achieved

TORONTO — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced today its financial results for the three months ended March 31, 2025. Strong leasing demand generated new leasing spreads of 18.3%; blended leasing spreads of 17.5% Commercial Same Property NOI increased to 3.6% 96% completion of expected First Quarter condominium interim […]

Culture

32 h. ago More Canadians are holding back on buying homes amid recession fears

Rising concerns about Canada plunging into a recession are deterring prospective homebuyers, according to a new report.The BMO Financial Group released its latest Real Financial Progress Index on Monday, revealing that many Canadians are taking a "wait and see" approach as the possibility of Canada descending into an economic recession increased from 60 per cent to 74 per cent from March to April 2025."Canada's housing market remained under pressure heading into the spring, with sales and prices both weakening further," said Robert Kavcic, senior economist at BMO Capital Markets."There is some clear underlying weakness as inventory builds and investors remain absent. Suffice it to say, homebuyers are losing confidence and motivation, especially in areas of B.C. and Southern Ontario."The BMO survey examined how concerns about the economy have impacted prospective homebuyers' decisions.It found that over two-thir...

Other

35 h. ago After $338M in Sales, San Antonio’s Twin Titans Shane & Clint Neal Bring Neal & Neal Team to eXp Realty

Texas’ Top Keller Williams team joins forces with eXp Realty — America’s #1 brokerage by transactions BELLINGHAM, Wash., May 05, 2025 (GLOBE NEWSWIRE) — In one of the boldest brokerage moves of the year, the Neal & Neal Team – San Antonio’s #1 real estate group and the top Keller Williams team in Texas – […]

Economics

37 h. ago MultiBank Group Signs Strategic Partnership With MAG to Tokenize $3 Billion Real Estate Assets

The largest tokenization initiative of its kind comes ahead of the $MBG token launch, paving the way for regulated digital access to prime property assets DUBAI, United Arab Emirates — MultiBank Group, the world’s largest financial derivatives institution based in Dubai has signed a historic $3 billion tokenization agreement with MAG, the leading real estate […]

Economics

3 d. ago Trippy Ontario house that looks like a 1970s time capsule is going for $4.5M

It may be 2025, but stepping into 6800 Second Line W. in Mississauga feels like falling headfirst into a lava lamp.This trippy time capsule appears to have been pulled straight from 1970, complete with psychedelic wallpaper.We're talking zigzag patterns that make the walls look like they're melting, linoleum tiles so loud they practically scream, and a wood-panelled basement rec room that looks ready to host a Bee Gees listening party.The foyer. This home has never been on the market before, so it's no surprise it's in need of some serious modernization.The dining room. But if you can see past the retro riot of textures and colours, there's actually a ton of potential here.The land. Not only does the home offer four bedrooms and four bathrooms, but it sits on nearly an acre of land.So much room for activities. According to the Municipal Property Assessment Corporation, half of that could be subdivided into two separate lots, each measuring a s...

Economics

4 d. ago This Day in History, 1910: Hype abounds during Vancouver's biggest population boom

The population of Vancouver and its environs exploded after 1900, and real estate companies promoted new neighbourhoods, towns and resorts.

Other

4 d. ago SmartStop Self Storage REIT, Inc. to Attend Nareit’s REITweek Investor Conference

LADERA RANCH, Calif. — SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, today announced that members of its management team will attend Nareit’s REITweek Investor Conference, taking place June 2-5, 2025, in New York […]

Culture

5 d. ago SmartStop Celebrates Winning Designs in North American Door Wrap Design Contest

LADERA RANCH, Calif. — SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, is thrilled to announce the winners of its North American Door Wrap Design Contest. Eleven artists have each earned a $1,000 cash […]

Culture

5 d. ago Home sales fall in April amid economic uncertainty, Calgary Real Estate Board says

But housing activity remains stronger compared to economic downturn in late 2010s

Other

5 d. ago Primaris REIT Announces 2025 Annual General Meeting Voting Results

TORONTO — Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that each of the trustee nominees listed in the management information circular of Primaris dated April 1, 2025 (the “Circular”) were elected as trustees of the Trust at the annual general meeting of unitholders held May 1, 2025 (the “Meeting”). […]

Politics