GTA Home Prices Fall Below $1M Amid Market Weakness
The average price of a home in the Greater Toronto Area dropped under $1 million last month, with the Toronto Regional Real Estate Board forecasting continued market softness ahead.
Category : Real Estate
GTA Home Sales and Prices to Remain Stable in 2026
The Toronto Regional Real Estate Board projects GTA home sales between 60,000-70,000 transactions and average prices of $1M-$1.03M in 2026, with affordability pressures continuing to shape the market.
Developer Fights Foreclosure on Filipino Centre Property
Vancouver developer Tobi Reyes is fighting in court to prevent foreclosure on a Mount Pleasant property where he plans to build a Filipino cultural centre and hotel, despite owing over $45 million.
Strata Sections: When Separate Form F Certificates Are Needed
Tony Gioventu clarifies whether strata sections must issue separate Form F payment certificates during property sales, explaining legal requirements for mixed-use developments.
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London Mayor's Homebuyer Incentive Sparks Debate
A new financial incentive for homebuyers proposed by London's mayor has ignited debate at city hall, with critics questioning whether it will primarily benefit developers.
Ottawa Cancels Preston Street Plan for LeBreton Arena
Ottawa cancels Preston Street expansion to prioritize LeBreton Flats arena and subdivision development, reshaping urban planning and transportation infrastructure.
Ontario Housing Slowdown Becomes Economic Emergency
New data reveals Ontario's housing construction sector is facing unprecedented declines, threatening jobs, government revenue, and future housing supply across the province.
Calgary Townhouse Fire Damages Centre Street Complex
A late-night blaze at a Centre Street North townhouse complex in Calgary required a substantial response from the Calgary Fire Department, resulting in considerable property damage.
Detroit's $2.2B RenCen Overhaul Reshapes Windsor Skyline
A massive $2.2 billion redevelopment of Detroit's Renaissance Center will demolish two towers, creating a 6-acre public park and transforming the iconic skyline visible from Windsor.
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Tether Marks 5 Years of Budtender Appreciation Week
Tether announces the fifth annual Budtender Appreciation Week, a national initiative recognizing frontline cannabis professionals through events and research-driven engagement.
Edmonton Downtown Split on Government Workers' Return
Edmonton businesses express divided opinions on Alberta government employees returning to downtown offices full-time, with some skeptical about economic impact while others welcome increased foot traffic.
Edmonton's 6.9% Tax Hike Sparks Resident Concerns
Edmonton residents express frustration over the city's proposed 6.9% property tax increase for 2026, questioning why other major Canadian cities like Toronto and Calgary have much lower increases.
London Home Prices Increase According to LSTAR Report
The average price of a home in London, Ontario, increased last month according to the latest data from the London and St. Thomas Association of Realtors, indicating continued activity in the local real estate market.
Sudbury Approves $1.5M Nunnery Conversion to Housing
Greater Sudbury city councillors have endorsed a $1.5 million initiative to transform a historic nunnery into 135 units of supportive housing, with a final vote scheduled for next Tuesday.
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London Debates Housing Supply Plan Amid Developer Windfall Fears
A proposal to increase home supply in London, Ontario, has ignited debate at city hall, with critics warning it could create a windfall for developers while supporters argue it addresses housing affordability.
Toronto Lawsuit Hits $32M, TTC Added as Defendant
A class action lawsuit against Toronto and security contractor One Community Solutions has grown to $32 million and now includes the TTC as a defendant following contract termination.
White City Council Approves Townhouse Rental Development
White City town council has voted to change zoning rules to allow a townhouse rental development, sparking strong reactions from residents during a packed meeting.
Toys 'R' Us Canada Seeks Creditor Protection
Toys 'R' Us Canada has filed for creditor protection under the CCAA, facing nearly $500 million in liabilities while keeping stores open temporarily amid retail challenges.
Montreal NDG Tenant Suffers 10 Days of Burst Pipes
A Montreal resident in NDG faces extensive apartment damage after burst pipes and freezing temperatures persisted for over a week, highlighting housing issues.
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B.C. Tribunal Settles 'Odourous Rat Carcass' Condo Dispute
A British Columbia tribunal has ruled in a condo dispute involving a decomposing rat carcass trapped in a wall, highlighting urban pest control challenges and strata governance issues in Vancouver's dense housing market.
Ottawa Couple Wins $380K in Hospital Lottery
An Ottawa couple has won $380,000 in the Health Sciences North 50/50 lottery, which funds critical healthcare equipment and research in northeastern Ontario.
London's Accuride Plant Converts to Multi-Purpose Site
The former Accuride manufacturing facility in London, Ontario, is being redeveloped into a versatile multi-purpose site. This transformation occurs as the city's industrial vacancy rate stabilizes, reflecting broader trends in the regional real estate mar
Toronto Rental Market Faces Temporary Condo Glut
Toronto renters are enjoying favorable conditions with record condo supply and falling rents, but experts warn this window of opportunity is closing as construction slows.
8,000-Pound Copper Cable Stolen in Surrey, BC Hydro Reports
BC Hydro reports a significant theft of 8,000 pounds of copper cable in Surrey, highlighting ongoing challenges with metal theft targeting critical infrastructure.
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Vancouver Residents Demand Better Building Design, Light Pollution Control
Vancouver and Surrey residents voice concerns about multi-unit housing design and greenhouse light pollution in letters to the editor, calling for better integration and environmental protection.
Surrey Copper Theft: 3,700kg Cable Stolen
Thieves stole nearly 4,000kg of copper cable from Surrey maintenance holes, part of a surge in B.C. Hydro thefts creating deadly public safety hazards.
Circle of Seven Gives $84,000 to Windsor Groups
The Circle of Seven philanthropic group has awarded $84,000 in grants to dozens of community organizations in Windsor, supporting local initiatives and services.
First Residents Move Into London Micro-Shelter
The inaugural residents have moved into London's new micro-shelter on Cheese Factory Road, marking a significant step in addressing homelessness in the community.
Halifax Expands Backyard Suite Program for Homeowners
The City of Halifax has broadened eligibility for its backyard suite program, allowing more homeowners to build secondary units to address the housing shortage.
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Vancouver Home Sales Sluggish to Start 2026
The Vancouver real estate market continues its slow pace into early 2026, with the local board reporting subdued sales activity. This trend reflects ongoing economic factors and buyer caution.
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