Toronto Condo Downturn May Rival Record 1980s Crash
TD Economics warns Toronto's condo correction could last nearly six years, with prices falling up to 30% peak-to-trough, approaching the severity of the 1980s crash.
Category : Real Estate
Big Drops in Housing Starts Expected This Year
Canadian Home Builders' Association CEO Kevin Lee warns of a significant slowdown in home construction this year, citing economic headwinds and policy challenges.
Jefferson Kitchen: Smart Storage and Social Design in Osprey Hill
Explore the Jefferson show home by Homes by Avi in Osprey Hill, Calgary, featuring a kitchen with abundant smart storage, a walk-in pantry, and a built-in sitting bench for social gatherings.
B.C. Man Wins $5M Lottery, Wakes Up to Surprise News
A British Columbia man woke up to the shocking news that he won $5 million on a lottery ticket, changing his life forever.
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Lotto Max $70M Jackpot Ticket Sold in Brampton
A Lotto Max ticket worth $70 million was sold in Brampton. Additional Maxmillions and Maxplus prizes were won across Ontario, including in Milton and Stoney Creek.
Downsizing Wave on Horizon for Aging Canadians
A new REMAX Canada survey reveals a potential downsizing wave as older homeowners consider smaller homes, but limited options and uncertainty are causing hesitation.
Toronto Condo Parking Spots Reach $200,000 in Prime Areas
A new report shows condo parking premiums in Toronto can exceed $200,000 in some neighbourhoods, with significant variation across the GTA.
Ontario Housing Crisis: Policy Failure Fuels Affordability Gap
Ontario's housing crisis is structural, not cyclical, with starts at 12,700 in Q1 2025. Five reforms could restore affordability by 2030s.
Verdun Café Closure Sparks Lease Reform Calls in Quebec
The closure of Station W in Verdun after a 60% rent hike has prompted Quebec businesses to demand commercial lease reform to protect local shops.
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Homebuyers Camp Out for Ottawa New Homes
Prospective homebuyers camped outside a Minto sales office in Kanata for a chance to purchase one of 30 newly built homes, reflecting Ottawa's tight housing market.
Brookfield CEO: US$20B in Real Estate Deals as Office Recovers
Brookfield Asset Management expects US$20 billion in real estate transactions over two months, driven by recovery in office and other sectors, CEO Connor Teskey said.
Calgary Man Wins $7M on Daily Grand Lottery
Khalid Ahmad of Calgary won $7 million on the April 6 Daily Grand draw. He expressed shock and plans to pay bills, travel, and help family.
8 GTA Males Charged in Smash-and-Grab Jewelry Robberies
Halton police charge eight males, including two youths, with over 50 counts in a series of smash-and-grab robberies at jewelry stores across the GTA.
Calgary Stampede Lotteries Return with $2.5M Prizes
The Calgary Stampede Lotteries are back with more than $2.5 million in prizes, offering a chance to win big while supporting the Stampede.
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S&P/TSX up over 200 points; U.S. markets also rise
Canadian and U.S. stock markets rally as S&P/TSX composite gains more than 200 points, driven by positive investor sentiment and economic data.
Alder Duplex Kitchen Design Maximizes Space and Efficiency
Explore the Alder duplex by Brookfield Residential in Seton, Calgary. Its 1,680-square-foot layout features a well-organized kitchen with a central island, ideal for busy mornings.
Florists Get Creative with Bouquets as Costs Climb
With rising flower costs, Canadian florists are crafting innovative bouquets this Mother's Day. Discover how they adapt to keep celebrations special.
Watch Parking Signs at Canadian Tulip Festival
Attendees of the Canadian Tulip Festival in Ottawa are reminded to carefully observe parking signs to avoid tickets and towing, especially in the Little Italy neighbourhood.
Fixed Mortgage Rates Drop on Falling Oil Prices
Fixed mortgage rates in Canada have declined alongside a 10% drop in oil prices. Analyst Robert McLister says significant rate relief hinges on oil falling below $80 a barrel.
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Canadian Household Wealth Hits $1.08M Average in 2025
Canadian household net worth averaged $1.08 million in 2025, rising 5.3% year-over-year, driven by financial markets despite a housing slowdown.
Regina Man Wins $1.1M in Vault Breaker Jackpot
Robert Ripplinger of Regina won over $1.1 million in the Vault Breaker Jackpot on May 3. The lottery prize was announced by the Western Canada Lottery Corporation.
Qualico Breaks Ground on Bellwether Community in East Calgary
Qualico Communities has broken ground on Bellwether, a mixed-use community in east Calgary designed to house around 3,000 people with homes, schools, and wetlands.
NAC Launches Three New Communities in Edmonton Region
Developer NAC introduces three new communities in Edmonton, Leduc, and Spruce Grove to meet housing demand amid Alberta's population growth.
National average asking rents drop nearly 5% to $2,027
Average national asking rents in Canada fell nearly 5% in April to $2,027, according to a new report, marking a continued decline in the rental market.
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First Impressions Key for Calgary Home Sellers
With more inventory and buyer choice, curb appeal is crucial for Calgary home sellers. Simple fixes and staging can make a difference.
East Vancouver Home with Rental Suites Sells for $1.625M
A recently updated East Vancouver house with three rental suites sold for $1,625,000, exceeding its asking price amid multiple offers.
Greater Victoria office vacancies hit historic high
A new report shows Greater Victoria's office vacancy rate reached 10.7%, the highest in decades, bucking a national trend of declining vacancies in other cities.
Higher Income Needed for Mortgages as Home Prices Rise
A new report shows the income required to qualify for a mortgage increased in 10 of 13 Canadian markets in March, despite a slight drop in mortgage rates.
Can $55K Net Income Buy a Home Anywhere in Canada?
A Zoocasa study reveals that Canadians earning $55,000 net annually can afford homes only in a few affordable markets, like Labrador and Newfoundland, with Edmonton being the most affordable major city.
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Home curb appeal crucial as Edmonton market shifts
As Edmonton's housing market balances, curb appeal becomes a key factor. Sellers are advised to focus on cleaning, decluttering, and painting rather than expensive renovations.
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