Browsing: Real Estate News

Build Canada Homes turns one with 19 partnerships signed. The parliamentary budget officer forecasts 26,000 units over five years, up 2.1 per cent.

Ontario bills 2026 property taxes on Jan. 1, 2016 values. A study of 3,400 Vaughan sales found two homes with near identical prices taxed $528 apart.

Statistics Canada’s second-quarter rent data shows asking rents down 3.6 per cent nationally, but in Calgary, Regina and Edmonton existing tenants pay more than new ones.

Four Canadian real estate boards reported August condo prices within nine days. Calgary’s fell 8.2 per cent, Montreal’s rose four. The gap is the story.

Affordability improved for a record 10th straight quarter in Q2 2026. National Bank data shows the entire gain came from falling prices, not cheaper rates.

CMHC counted 141,480 homes with permits but no construction in July. A Canadanewsmedia analysis finds the backlog is widest in Quebec City and Calgary.

Asking rents fell 4.0 per cent in July, but CMHC data shows the cheapest quarter of Canada’s rental stock barely turns over, so the discounts rarely land there.

Four Canadian real estate boards reported August data in five days. Calgary condos fell 8.2 per cent, Montreal’s rose 3.6. There is no one condo market.

New condo sales in the Toronto region rose 52 per cent last quarter, but pre-construction sales fell 80 per cent and construction starts dropped to 448 units.

Vancouver housing starts fell 42% in July while Montreal’s rose 3%. A look at why Canada’s biggest housing markets are splitting apart.