3 h. ago Pace of rent increases slows, but housing costs still rising in Metro Vancouver

Nearly 40 per cent of Metro Vancouver households are renters, and the report said the 'trend toward renting continues'

Economics

9 h. ago Outrageously colourful cluster of towers will be unlike anything else in Toronto

Ambitious plans surfaced in April for a proposal to redevelop a tract of City of Toronto-owned lands at a major transit hub with a multi-tower residential community that would look like nothing else in town.The sprawling site at 2444 Eglinton Avenue East, a commuter parking lot just north of Kennedy GO and TTC station and adjacent auto body shop, is set to be redeveloped with three new residential towers.But unlike the monotonous blue-grey glass Toronto residents are used to, these towers would feature wildly colourful designs from Vancouver-based Henriquez Partners Architects.The City's real estate asset management agency, CreateTO, has long planned to leverage this and other sites adjacent to transit, launching the Housing Now initiative in 2019 to activate underutilized City lands and work with private developers to get affordable housing built.CreateTO announced in January 2024 that Civic Developments, Windmill Developments, and the Co-operative Housing Federation of Toronto...

Other

11 h. ago LPT Realty – The Fastest Growing Real Estate Brokerage Firm in the U.S. – Is Now in All 50 States and Canada

CEO Robert Palmer’s Three-Year-Old, Cloud-Based Brokerage Firm Ranked #10 In Transactions Nationally by both RealTrends Verified and T3 Sixty LAKE MARY, Fla. — Robert Palmer, founder and CEO of LPT Realty and RP Funding, announced that his cloud-based real estate brokerage firm is now in all 50 states, Washington, D.C. and three provinces of Canada […]

Economics

13 h. ago SmartStop Self Storage Expands Digital Capabilities With Mobile App Rollout Across All Locations

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 pleased to announce that its SmartStop Self Storage Mobile App is officially available at all 220 locations across the United States […]

Culture

14 h. ago Canada’s national housing strategy remains ‘under construction’

Robert McLister: Any improvements in housing affordability in recent years have happened despite the government's plan

Society

20 h. ago Rent prices in and around Toronto plummet for yet another month

Tenants in and around Toronto have been benefiting from lower housing costs so far this year as the city's real estate market endures the impacts of tough and uncertain economic times.Average rents across the GTA have plummeted to prices not seen in years, and the most recent figures from April show a continuation of the recent trend, with the price of a typical apartment in downtown Toronto, Etobicoke, Mississauga, North York and other areas falling further still.According to liv.rent, one of the platforms that collects such data nationwide each month, one-bedroom renters in the 6ix are now paying about $130 less for a home than they were this time last year, and $7 less than they were even last month, based on present rates.While Toronto remains generally known as one of the priciest places to live in Canada, it is not even listed in liv.rent's top five places in the country to rent right now, all of which are in ...

Economics

26 h. ago Choice Properties Real Estate Investment Trust Announces Election of Trustees

TORONTO — Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that all of the trustee nominees listed in the management proxy circular dated March 14, 2025, were elected as trustees of Choice Properties. The vote was conducted at Choice Properties’ Annual Meeting of Unitholders, held virtually, on April 24, 2025. The […]

Politics

33 h. ago Here’s how important homeownership is to building wealth in Canada

The chances of buying a home for children of families who rent is notably different from those from families who own

Economics

35 h. ago Brand Finance Canada 100 2025: TD is the most valuable Canadian brand for the third year running, while Crown Royal leads for growth and strength

TD remains the most valuable Canadian brand for the third consecutive year Crown Royal is the fastest-growing brand, up 78% Crown Royal is also Canada’s strongest brand Total brand value of Canada’s top 100 brands declines 3.7% year-on-year VANCOUVER, British Columbia — TD has retained its position as the most valuable Canadian brand for the […]

Other

36 h. ago Over a dozen interested parties eyeing leases of 65 Hudson's Bay store locations

As the Hudson's Bay Company era nears its end, many of its soon-to-be vacated spaces may find new life with different tenants, with decisions on many sites expected in the weeks ahead.By Summer 2025, all 96 of the company's brick-and-mortar stores will close following a liquidation process that first began last month — including six locations that had previously been spared, such as the downtown Toronto and downtown Montreal flagship stores, but are now slated for closure as of a new court filing this week.From the outset of the court-approved liquidation process last month, Hudson's Bay engaged commercial real estate firm Oberfield Snowcap to market and sell its leases and properties, as a measure to generate additional operating revenue. This has been aptly named as the "Lease Monetization Process."Final bids for leases due on May 1According to a court filing earlier this week, as a part of the ongoing federal Companies' Creditor...

Culture

36 h. ago Ravi Jani Promoted to Chief Financial Officer at The Real Brokerage

Finance leader brings over 15 years of finance and real estate experience to support Real’s next phase of growth and shareholder value creation TORONTO & NEW YORK — The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, today announced the promotion of Ravi Jani to Chief […]

Events

44 h. ago Here's the salary you need to earn to afford a home in Toronto right now

It may be one of the worst times in years to try and sell a home in Toronto, but conversely, those in the market to buy a property may be able to land themselves somewhat of a deal (relative to the city's infamously ludicrous prices, that is).Prices are finally starting to erode in the face of a terribly stagnant market, most notably in the condo sector, where fewer units are changing hands than ever in the last three decades.According to the latest data from the Toronto Regional Real Estate Board (TRREB), the average price of the typical GTA condo fell 2.6 per cent from March 2024 to the month prior, while the average price of a home of any type is down a similar 2.5 per cent over the same period.Sales have dropped a staggering 23.1 per cent year-over-year, while active listings have shot up 88.8 per cent, giving buyers the advantage of choice and negotiating power.As such, along with a Bank of Canada mortgage rate cut in March, the annua...

Other

51 h. ago Choice Properties Real Estate Investment Trust Reports Results for the Three Months Ended March 31, 2025

TORONTO — Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) today announced its consolidated financial results for the three months ended March 31, 2025. The 2025 First Quarter Report to Unitholders is available in the Investors section of the Trust’s website at www.choicereit.ca, and has been filed on SEDAR+ at […]

Other

53 h. ago Canadians turn against condos as a ‘good’ investment as sector goes through ‘rough period’

Canada's condo market — with Toronto accounting for a large part of the sector — has been on the ropes lately

Other

57 h. ago Toronto to clamp down on 'renovictions' this summer and here are the details

Toronto City Council has launched a public education campaign to remind homeowners and renters that its new "renoviction" bylaw will come into effect this summer in an attempt to "protect tenants from bad faith evictions."According to a release issued by the city, the Rental Renovation Licence Bylaw, which was proposed back in the fall and will come into effect on July 31, 2025, requires landlords to obtain a licence before "starting repairs or renovations that require tenants to move out of their rental units under the Provincial N13 process."Created to protect tenants from so-called "renovictions," when a tenant is evicted from their home under pretences of renovations by a landlord, this bylaw attempts to add more protections for renters."The bylaw is designed to protect tenants from bad faith evictions, preserve Toronto's affordable rental housing and establish a transparent and equitable process for landlords to complet...

Other

61 h. ago Real’s March Agent Survey: Spring Market Outperforming Expectations Despite Macro Uncertainty

Survey Highlights Relative Resilience in Existing Home Sales Recovery TORONTO & NEW YORK — The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its March 2025 Agent Survey. Nearly half of agents said the spring selling season is shaping up to […]

Other

3 d. ago Dentalcorp Announces Annual General and Special Meeting Details

TORONTO — dentalcorp Holdings Ltd. (“Dentalcorp” or the “Company”) (TSX: DNTL), Canada’s largest and one of North America’s fastest growing networks of dental practices, announced that it will host its Annual General and Special Meeting of Shareholders (the “Meeting”) on May 22, 2025. ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS Dentalcorp will hold its Annual […]

Other

3 d. ago Is it time for Canada to relax restrictions on foreign buyers and investment in real estate?

Tariff uncertainty has stalled already tepid activity in the pre-sales market, reigniting talk about the pros and cons of foreign buyer rules

Other

3 d. ago WAXON Laser + Waxbar Secures Strategic Investment to Accelerate National Expansion

Fraser Clarke, wellness franchise veteran and owner of Massage Addict, joins forces with WAXON as strategic partner and investor TORONTO — WAXON Laser + Waxbar, one of Canada’s fastest-growing hair removal franchises, has announced a strategic investment and partnership with Fraser Clarke, owner of Massage Addict and a leading figure in the Canadian wellness franchise […]

Society

3 d. ago Canada Pension CIO Hunting for More Private Investments at Home

CAAT Pension Plan is searching for Canadian real estate and infrastructure investments, continuing its strategy of investing for the long term as President Donald Trump’s erratic trade policy disrupts public markets.

Other