Canada’s Real Estate Losses Are Piling Up
In October 2023, the Canadian Real Estate Association (CREA) reported a 5.6% month-over-month decline in national home sales recorded over
Read more
Real Estate
Biden Administration Launches Initiative to Convert Vacant Offices into Affordable Housing
The White House has launched a multi-agency initiative aimed at repurposing vacant office buildings into affordable housing. The program leverages
Read more
Toronto Unveils Ambitious $36 Billion Plan for 65,000 Rental Homes
As being a landlord continues to be in vogue among Canadian officials, Toronto kicks it up a notch by unveiling
Read more
New Brunswick Judge Faces Scrutiny Over Apartment Building Ownership
New Brunswick Court of King’s Bench Justice Kathryn Gregory, who presided over a recent case involving provincial tenancy officers and
Read more
Investors Begin To Dominate Ontario’s Real Estate Market
Data from Statistics Canada for the year 2021 has shed light on the substantial ownership of real estate properties by
Read more
Fraud-Riddled Ontario Real Estate Developer Defaults On Payments To Fortress Victims
Ontario-based real estate developer Sunrise Homes finds itself in a precarious situation, having defaulted on a court-ordered settlement to repay
Read more
Alleged Price-Fixing In Toronto Real Estate Targeted By Class Action Lawsuit
After two years of careful consideration, the Federal Court has given the green light for a class-action lawsuit, centered around
Read more
Canadian Housing Starts Flatline in August
Canada’s housing starts showed little change in August, edging up slightly by 0.8% to 244,507 units from July’s 242,552 units.
Read more
Canada’s Housing Crisis: New Projections Show Increased Supply Gaps in Key Provinces
The CMHC recently updated its June 2022 Supply Gaps Estimate (SGE) report that assesses the quantity of additional housing necessary
Read more
Canadian Home Sales Dip in August as Recent Rate Hike Spikes Affordability Concerns
Canadian home sales slumped in August as the Bank of Canada’s recent rate hike heightened affordability concerns. According to data
Read more