Canadian Seniors Face Mortgage Crunch as Options Dwindle
Homeowners aged 55+ encounter narrowing mortgage refinancing options due to income changes and stricter rules, with reverse mortgages emerging as a potential solution.
Category : Real Estate
Nova Scotia's 2% Mortgage: Affordability Promise Examined
Nova Scotia's new pilot program offers first-time buyers mortgages with just 2% down, but experts warn it may not be the affordability solution it appears. The program comes with restrictions and potential long-term costs.
Quebec Spends Most on Valentine's Day in Canada
A new report reveals Quebec residents spend significantly more on Valentine's Day than other Canadians, with Moneris VP Sean McCormick discussing the findings and broader spending trends.
100-Year-Old Windsor Office Building Converted to Apartments
A historic downtown Windsor office building, nearly a century old, is being converted into residential units and will soon begin accepting tenants, marking a significant urban revitalization project.
Edmonton Launches Infill Design Templates for Faster Building
The City of Edmonton is introducing standardized infill design templates to accelerate the building approval process and enhance urban development quality, aiming to simplify construction for developers and homeowners.
Calgary's Housing Fund Jeopardized by Rezoning Repeal
Calgary city council debates whether scrapping blanket rezoning could forfeit over $129 million in federal Housing Accelerator Fund money, with officials warning of non-compliance risks.
Yaletown Loft Transformed into Artful Green Retreat by AK Design
AK Design reimagines a Vancouver loft for art collectors, blending soft-green tones, custom oak millwork, and Esmeralda quartzite to create a cohesive, elegant space that highlights their extensive collection.
Regina Growth Plan Prioritizes Infrastructure, May Delay Suburbs
Regina's proposed growth strategy shifts focus to infrastructure readiness, potentially delaying suburban developments for 15-30 years while prioritizing sustainable financial growth.
Saskatoon Builders Honored at Housing Excellence Awards
The Saskatoon & Region Home Builders' Association celebrated outstanding achievements in residential construction at its 34th annual Housing Excellence Awards, presenting a record 51 awards across seven categories.
Calgary Housing: $500K Buys Less for First-Time Buyers
In Calgary, $500,000 now buys townhomes or older bungalows, not single-family homes as in 2020, with prices rising over 40% in six years, reshaping the market for first-time buyers.
Presidents' Day Bedding Sales: Top Deals for Sleep Comfort
Discover the best Presidents' Day bedding sales offering discounts on sheets, pillows, mattresses, and more. Upgrade your sleep setup with these limited-time deals for enhanced comfort and relaxation.
Shark VacMop Pro 40% Off: Cordless Vacuum and Mop
The Shark VacMop Pro combines vacuuming and mopping in one lightweight cordless device, now 40% off on Amazon. Reviewers praise its ease of use, especially for those with mobility issues.
Edmonton's $350K Real Estate Options for First-Time Buyers
A new report reveals what $350,000 can purchase in Edmonton's housing market, showing varied options from condos to single-family homes, though choices narrow for detached properties.
Calgary Housing Market: Sales and Prices Decline for Eighth Month
Calgary's real estate market experienced an eighth consecutive month of declining sales and prices in January, with sales dropping nearly 15% year-over-year and inventory rising by 21%. The apartment segment saw the steepest price declines at nearly 8%.
Montreal Businesses Demand Relief from Construction
Years of construction on Ste-Catherine Street have devastated downtown businesses, with a zoning loophole preventing some from accessing a $40,000 relief fund while others across the street qualify.
ADUs: A Key Tool for Affordable Housing in Modern Living
Additional dwelling units are gaining popularity as builders and homeowners embrace them to address housing affordability, multi-generational living needs, and regulatory changes.
Community Opposes YWCA Demolition for Highrise, Wants Affordable Housing
A downtown Montreal community group is urging the Ville-Marie borough to reject a demolition request for the former YWCA building, arguing that replacing it with a 30-storey residential and commercial tower fails to address the area's critical need for lo
Calgary's $861M Federal Funding at Risk from Rezoning Repeal
A city report warns that repealing blanket rezoning could jeopardize hundreds of millions in federal housing grants, including $228.5M from the Housing Accelerator Fund, with new correspondence confirming funding conditions.
Downtown Eastside Needs Stability Over New Retail
Sarah Beley argues that replacing London Drugs with another store ignores the underlying stability issues in Vancouver's Downtown Eastside, where businesses face safety concerns and financial unsustainability.
Edson Canada Post Office Closed for Two Weeks Due to Water Leak
The Canada Post office in Edson, Alberta, has been closed for nearly two weeks following a significant water leak, disrupting mail services for local residents and businesses.
Cape Breton Residents Threaten Exodus Over High Property Rates
CBRM residents in Nova Scotia express deep frustration as skyrocketing property assessment rates force many to consider leaving Cape Breton, citing unaffordable living costs and financial strain.
Real Estate Stocks Plunge in AI Scare Trade
Real estate services stocks experienced significant declines as investors reacted to AI tools threatening industry disruption, with analysts warning the selloff may be an overreaction.
Hamilton, Thunder Bay Winners in Sudbury Dream Home Draw
Residents from Hamilton and Thunder Bay emerged as the lucky winners in Sudbury's Ultimate Dream Home draw, held live on Pure Country's Facebook page. The event highlights community excitement and prize distribution in Northern Ontario.
Quebec's One-Stop Shop for Affordable Housing Rentals
The Quebec government introduces a centralized platform to simplify the rental process for affordable and low-cost housing, aiming to tackle housing shortages and improve accessibility for residents.
Sudbury's Closet Share Closes Due to Flooding Damage
Closet Share, a Sudbury-based non-profit providing free clothing through donations, has temporarily closed after significant flooding over the weekend damaged its operations.
Calgary Could Lose $861M Over Rezoning Repeal
City officials warn that scrapping the blanket rezoning bylaw may breach a federal housing agreement, potentially costing Calgary $861 million in penalties and jeopardizing affordable housing funding.
Iamgold Top M&A Target in 2026 as Gold Prices Soar
A TD Cowen survey reveals Iamgold Corp. is the leading takeover candidate for 2026, with nearly all respondents expecting increased gold and silver M&A activity as bullion prices remain elevated.
Justin Trudeau Buys $4.26M Outremont Home, Valued at $5.99M
Former Canadian Prime Minister Justin Trudeau has officially purchased a $4.26 million two-storey home in Montreal's Outremont neighborhood. The property's municipal tax valuation is listed at $5.99 million, with the sales deed indicating he has not yet m
Trico Homes Launches Customizable Smart Home Automation Partnership
Trico Homes collaborates with Samsung and Digital Lifestyles to offer homeowners personalized smart home automation systems that adapt to individual comfort levels and lifestyles.
Allied Properties Posts Q4 Loss, Plans $500M Raise, Shares Fall
Allied Properties Real Estate Investment Trust reported a significant fourth-quarter loss and announced plans to raise $500 million in capital, leading to a decline in its unit prices on the Toronto Stock Exchange.
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