Browsing: Real Estate News

Sienna paid $560,000 a suite for a full Ottawa retirement home. Days later, a rival complex sold out of receivership, with a lender taking a loss.

National home prices rose just 0.6 per cent in August, but board data show Toronto and Vancouver falling while Ottawa and Winnipeg go the other way.

Ontario’s housing minister attended the groundbreaking for a 750-acre, 7,500-home project on a former air force base in Prince Edward County.

Canada’s foreign buyer ban lapses Jan. 1, 2027, with no replacement named. Data cited by a national law firm show its price impact was already small.

Century 21 Canada’s price-per-square-foot data and fresh CMHC starts figures show Ontario prices and construction retreating while the Prairies surge.

Toronto built just 156 new condos in the first half of 2026 as rental construction overtook condos for the first time since 1994, CMHC’s new report shows.

Rents in Canada’s most tariff-exposed cities fell nearly four times faster than elsewhere since January 2025, with Oshawa down almost 11 per cent.

New StatCan/CMHC data show Canada core housing need held at 11.6% in 2024, unchanged from 2022, but renters in social housing fell further behind.

Two of Canada’s biggest home price gauges agree the national market cooled in August, but their city-by-city numbers tell sharply different stories.

Fixed mortgage rates jumped and CMHC starts data slipped in August, even as the Bank of Canada held its policy rate steady for a seventh straight time.