Burnaby Townhome Project Under Creditor Protection Owing $59M
A 130-townhome project in Burnaby is under creditor protection after lender KingSett Mortgage Corp. says it is owed over $59 million, with stalled construction and $2.3 million in liens.
Category : Real Estate
City Park Homes rebrands, plans new GTA communities
City Park Homes rebrands as City Park, launches two new communities in Newmarket and Stouffville this fall, adapting to market demands with diverse housing options.
GTA Bidding War Heats Up in Select Areas, Wahi Reports
New data from Wahi shows 13% of GTA neighbourhoods in overbidding territory in April, up from 6% in March, with single-family homes driving competition.
Stampede Hotel Prices Double as Occupancy Hits Near 100%
With occupancy rates exceeding 95% during Stampede, downtown Calgary hotel prices are doubling or tripling, with some rooms starting at $900 per night.
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Global Markets Decline, Kospi Down Over 5%
World shares mostly declined on Friday, with South Korea's Kospi falling more than 5%. Currency traders monitored screens in Seoul as markets reacted to economic uncertainties.
Historic $46M Lotto Win Shocks Manitoba Man
Earl Giesbrecht, 69, wins largest Lotto 6/49 jackpot in Manitoba history at $46 million. He shares his plans for the prize, including helping family and traveling.
Housing Supply in Regina and Saskatoon Struggles with Demand
Demand for housing continues to outpace supply in Regina and Saskatoon, according to recent reports. Experts warn of rising prices and affordability challenges.
Coaldale Sanitary Trunk Main Gets $1.8M Federal Boost
The federal government is investing over $1.8 million in the second phase of Coaldale's west sanitary trunk main project to upgrade wastewater infrastructure.
Canmore third most expensive recreational community in Canada
Canmore is Canada's third most expensive recreational housing market, with average home prices near $1 million, squeezing local workers and fueling demand for alternative ownership models.
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Winnipeg Detached Home Prices Hit Record Highs in May 2026
Winnipeg's detached home prices reached unprecedented levels in May 2026, driven by strong demand and limited supply. Experts cite low interest rates and population growth as key factors.
Unique Bare Land Strata Home Overlooking Golf Club
Discover Yewbrook Place, a unique 'bare land strata' development in Vancouver with unobstructed golf course views, renovated with over $1M in upgrades.
Saskatchewan Seller Market: Homebuyers Face Record Prices
Saskatchewan's housing market sees record prices and fierce bidding wars as inventory shrinks, leaving many homebuyers struggling to secure a property despite affordable prices.
Calgary Rents Fall in May, Southwest Furnished Units Rise
Average rents in Calgary dropped in May, with unfurnished one-bedrooms down over 5% year-over-year. However, furnished units in the Southwest saw a nearly 9% monthly increase.
Montreal Home Sales Drop Nearly 7% in May
Montreal-area home sales fell nearly 7% in May 2026 due to economic pressures, according to the local real estate board. The decline reflects broader market trends.
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Pro Baseball Salaries vs. Home Prices
Zoocasa compares MLB player salaries to home prices in Canadian cities, showing how far money goes in Toronto, Vancouver, Calgary, and more.
Sunshine Silver Mining Raises $270M in NYSE IPO
Sunshine Silver Mining & Refining priced its IPO at $13.50 per share, raising $270 million, and began trading on the NYSE under ticker SSMR.
Ottawa Home Sales Drop 10% in May 2026
Ottawa saw a 10% decline in home sales in May 2026 compared to last year, signaling a cooling housing market. Experts cite higher interest rates and economic uncertainty.
Ajax Home Sells for $1.068M After Price Cut
A family bought a 10-year-old detached house in Ajax for $1,068,000, down from $1,092,500, after touring 30 homes. The 2,600 sq ft property backs onto a park.
Lord's Penthouse Overlooking Cricket Ground Hits Market
A unique penthouse with a 100-foot private terrace overlooking Lord's Cricket Ground is for sale for the first time, with a minimum bid of £10 million.
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Beaumont Small Businesses Struggle with Rent Hikes
Small businesses in Beaumont, Alberta face unprecedented rent hikes, forcing many to consider closure. Owners describe the situation as 'rolling the dice'.
N.S. home sales, listings down in May; prices edge higher
Nova Scotia home sales and listings dropped in May while prices continued to rise, according to the latest market data. The trend reflects ongoing affordability challenges.
CMHC warns development charges hinder housing crisis fix
A new CMHC report finds that eliminating development charges could boost housing construction by up to 13.8% in some cities, but municipalities rely on these fees for revenue.
N.S. Seeks Proposals to Develop Abandoned Upper Clements Park
The Municipality of the County of Annapolis is calling for development proposals for the abandoned Upper Clements Amusement Park, aiming to revitalize the site.
The Raven: Design-Led Rental Housing at Broadway and Alma
Leckie Studio's 16-storey rental tower The Raven brings sculptural concrete forms, family-sized units, and Musqueam-inspired public art to Vancouver's Point Grey intersection.
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eXp Realty Leads 2026 NAHREP Top 250 with 146 Spots
eXp Realty earned the most spots on the 2026 NAHREP Top 250 Latino Agents and Teams list, with 146 agents and teams recognized across the U.S.
TSX down 150 points, U.S. markets lower as sell-off spreads
Canada's main stock index fell more than 150 points on Wednesday, mirroring declines on U.S. markets amid broad-based selling pressure.
Windsor Home Sales Drop 18% in May
Windsor-Essex home sales fell 18% in May 2026 vs 2025, with listings down. Average price rose 1.6% monthly but year-to-date slipped 2.27%.
Americans Eye Canadian Real Estate Amid U.S. Turmoil
Royal LePage reports a surge in U.S. web traffic for Canadian properties, driven by political and economic uncertainty under Trump's second term.
Two Arrested in Windsor Warehouse Break-In, $50K Stolen
Windsor police arrest a man and woman after a warehouse break-in where $50,000 in power tools were stolen, plus a garbage bin. Charges include break and enter.
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Windsor Home Sales Down 18% in May 2026
Windsor-Essex home sales fell nearly 18% in May 2026 compared to last year, according to WECAR. Market inventory rises as demand softens.
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