Real Estate

Strong demand in Canada’s office market is shifting the advantage in lease negotiations toward landlords’ favour, a new report says.

The Toronto Region Board of Trade is urging the province to amend zoning and building code rules as it says Ontario is on pace to fall well short of its goal of getting at least 1.5 million new homes built by 2031.

Toronto went from the strongest real estate market in the world to one of the weakest in a span of four years, with a new report finding housing prices in the city have fallen by around 30 per cent since peaking in 2022.

Average rent prices in Oshawa, Ont. have decreased by nearly 11 per cent over the last year and a new report suggests that the trade war with the U.S. might be behind the fall.

Hundreds of real estate investors in a company run by a media-savvy realtor that owns dozens of buildings across Ontario got a shock over the weekend when they were told their rent payments are in limbo.

Average home prices across Canada’s largest housing markets fell slightly in August, marking the eighth month-over-month drop in the last nine, according to a report released Thursday.

Canada Mortgage and Housing Corp. reports the annual pace of housing starts for August edged lower compared with July.

The Canadian Real Estate Association says home sales in August were down compared with a year ago as a fresh round of economic challenges threaten to dampen housing market momentum for the remainder of the year.

British Columbia home sales fell again in August on a year-to-year basis, although the real estate industry says a “gradual recovery” is underway.

Canada Mortgage and Housing Corp. said between 417,000 and 469,000 new housing units are needed per year across ownership and rental markets.

The average asking price for a rental unit in August was $2,035, down 4.8 per cent compared with a year ago.

The cost of rent in Toronto continued a years-long decline last month but new data suggests that multi-bedroom units are getting more expensive.

The surge in global bond yields are increasing borrowing costs for households and companies, and household mortgages could be next.

Montreal-area home sales fell 13.1 per cent year-over-year in August as the province’s real estate board says the market is continuing to go through an 'adjustment period.'

As cottage prices continue to climb in other parts of Canada, buyers have expanded their search and many now want to own property in Nova Scotia.