Breaking News
Policy
Feds Push For Transit-Oriented Development With $30B Canada Public Transit Fund
The Canada Public Transit Fund will require transit-oriented development in exchange for funding, and the federal government says its the largest public transit investment in Canadian history,
Jul 17, 2024
Real Insights with John Lusink
Is Now The Time To Drop Your Asking Price? An Expert Explores
It takes a lot of research, knowledge, and trial and error to pinpoint a “sweet spot” price that will appeal to buyers, but still meet seller goals.
Real Estate News
June's Inflation Drop "Sets The Table" For July Rate Cut: RBC
After an unexpected upswing in May that left economists unsure about the likelihood of a July cut, headline CPI fell back down to 2.7% from 2.9% in June.
Real Estate News
It’s Been One Year Of Olivia Chow. Here’s What She’s Done For Housing
In her first 12 months, Chow’s housing record has seen her already make good on many of her campaign promises, staying true to her emphasis on affordable housing and proving to be a champion for renters.
Award-Winning Lakeside Kelowna Mansion Hits Market For $15.9M
The beautiful home at 20-180 Sheerwater Court in Kelowna won the Home of the Year award at the 2023 Okanagan Housing Awards of Excellence.
Industry
Failed Sale, $49M Debt Push Slate-Owned Burnaby Office Towers Into Receivership
The subject property of the receivership against Slate Asset Management is the "Golden Towers" office complex at 4330 Kingsway in Burnaby.
Breaking News
Doug Ford's Cottage Is On Airbnb For $750/Night And Folks Are Having A Field Day
“See your tax dollars at work and pay for Doug's new hot tub at his other cottage."
Economy
“More Likely Than Not”: CIBC Sticks To July Interest Rate Cut Prediction
May’s inflation uptick has had some experts faltering on their previously-held belief that the central bank will cut rates again this month — however, CIBC’s Avery Shenfeld is not in that camp.
The Kinsman Report
Are Presales Dead? An Insider Answers (And Explores) The Question
I’m seeing a lot of online chatter about this question. Are presales dead? Is the investor gone? Will high density presales ever be the same again? Let’s jump into it.
Policy
Inside The Broadway Plan Review With Vancouver's Acting Director Of Planning
Acting Director of Planning Matt Shillito explains why the Broadway Plan needs to be amended and the proposed changes being put forth.
Industry
May Was The Second Lowest Month For New GTA Home Sales Since 1990
Data released by the Building Industry and Land Development (BILD) today shows that new home sales in the GTA continued to slow in the last month, nearly reaching May 2020 pandemic levels, the single lowest month on record.
Mortgages
“I'm 50/50 At This Point”: Is Another Interest Rate Cut Coming In July?
We spoke to experts from across the industry, including the Chief Economist at BMO, the Chief Market Analyst at TRREB , and the owner of a leading mortgage brokerage to get their forecasts for the July 24 announcement.
Ottawa
Hoping To Buy In Ontario? Ottawa May Be Your Best (Affordable) Bet
Ottawa realtor Matthew Mercier-Burns says that he’s seen an increase in Ottawa region buyers who have relocated from the GTA in favour of more affordable pastures — and, perhaps, a change of pace.
Affordable Housing
Some Of Toronto’s Biggest Developers Are On Board With ‘Housing Now’
The planned ‘Housing Now’ projects are set to draw in the likes of KingSett Capital, Greenwin, Tridel, Kilmer-Tricon, Ellis Don, and Windmill — amongst more.
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