Cutting development charges may boost housing viability 14%
CMHC analysis shows reducing development charges could increase viable housing projects by 9-14% in high-charge cities, highlighting trade-offs and need for broader solutions.
Category : Real Estate
Applied Aerospace & Defense Raises $650M in NYSE IPO
Applied Aerospace & Defense (AADX) begins trading on NYSE after $650M IPO at $20/share. NYSE also highlights Checkout.com-Fireblocks partnership and S&P 500 record close.
Leyad Buys Intercity Shopping Centre in Thunder Bay
Leyad acquires Intercity Shopping Centre in Thunder Bay, planning to complete a flagship Sport Chek and attract new retailers to revitalize Northwestern Ontario's premier shopping destination.
GTA Home Sales Up 6% in May, Prices Fall: Board
Greater Toronto home sales increased 6% in May compared to last year, while average prices declined, according to the local real estate board.
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Toronto home sales up 6% in May, buyers have upper hand
Toronto home sales climbed 6% year over year in May, with prices dipping 4.6%, giving buyers substantial negotiating power, according to TRREB.
TRREB: Spring Home Sales Stronger Than Last Year in GTA
Toronto Regional Real Estate Board reports May 2026 home sales up 6.3% year-over-year, with new listings down 18.9%. Average price fell 4.6% to $1,069,700.
Americans Drive More Traffic to Canadian Real Estate Listings
A new report from Royal LePage reveals a surge in American interest in Canadian real estate, with online listings traffic from the US increasing significantly.
Opus One Private Preview and Official Launch Celebration
Captain Advisory Services announces Opus One launch events for global investors, offering early access to luxury residential development in India's booming real estate market.
River Cree Expansion Milestone: '10-Minute City' Goal
River Cree Resort and Casino marks a milestone in its $200M expansion, aiming to create a '10-minute city' with all amenities within walking distance.
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CMHC to Release Updated Analysis on Development Charges
Canada Mortgage and Housing Corporation will publish updated data on municipal development charges on June 3, covering 40 municipalities and new modelling.
Shoppers: IKEA London Needs Parking to Succeed
Shoppers express optimism about IKEA's new London store but worry about parking shortages, reflecting mixed feelings on the retail giant's expansion.
Rental prices in B.C. drop 12.5% as province reports decline
British Columbia rental prices have fallen 12.5% year-over-year, providing relief for tenants. The decline is attributed to increased housing supply and policy measures.
Timmins Snow Budget $3M Over Forecast
Timmins faces a $3 million snow removal budget shortfall after record snowfall this season. A report to city council outlines the deficit and potential solutions.
Georgie Awards 2026: Circus Gala Honors BC Builders
The CHBA BC's circus-themed Georgie Awards gala celebrated 52 winners in home building, renovation, design and marketing on May 23, 2026.
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Mattamy Homes Buys 153 Acres for New Calgary Community
Mattamy Homes acquires 153 acres in southeast Calgary's Belvedere area, planning a mixed-use community with parks and homes starting in 2028.
Vancouver home sales down 3.5% in May, condo market lags
Vancouver-area home sales fell 3.5% in May 2026, with condo market underperforming, according to the real estate board. Market trends show shifting demand.
Calgary's Top 5 Most Expensive Homes for Sale in June 2026
Explore Calgary's five most expensive homes on the market in June 2026, featuring luxury estates with premium amenities and prime locations.
LePage Marks 150 Years with PEI Community Investment
LePage celebrates its 150th anniversary by funding renovations for a Boys and Girls Club home in Montague, PEI, and offering apprenticeships through Holland College.
Glebe Parking Lot to Become Residential Building
A new residential building could replace a parking lot in Ottawa's Glebe neighborhood, pending city approval. The proposal aims to address housing demand.
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North Bay Council Votes on $6.2M Sports Complex Expansion
North Bay city council will vote on a $6.2 million expansion of the Steve Omischl Sports Complex, adding multi-use fields and facilities to serve the community.
Saskatoon Downtown Retail Questioned After Major Vacancies
One year after Hudson's Bay closed at Midtown and Toys 'R' Us vacated a downtown space, Saskatoon's retail future faces uncertainty and questions.
Alberta Avenue Church Plans Affordable Housing Project
St. Faith's Anglican Church in Edmonton plans to transform part of its land into affordable housing for seniors and families, supported by the new Faith Lands Affordable Housing Incentive from the city and Edmonton Community Foundation.
Crestpoint, Vestcor & Anthem Break Ground on King + Park
Crestpoint Real Estate Investments, Vestcor, and Anthem Properties celebrate the groundbreaking of King + Park, a major mixed-use masterplan at Burnaby's gateway, adding 724 rental homes and restoring iconic office space.
Edmonton: dotacje dla organizacji wiary na budownictwo socjalne
Miasto Edmonton uruchamia program dotacji dla organizacji wyznaniowych na budowę mieszkań socjalnych. Wnioski można składać od czerwca 2026 roku.
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Oakridge Mall Opens, Condo Completion Delayed
Oakridge Park's retail mall opens, but luxury condos face completion delays. Pre-sales hit $1 billion in 2019, but market downturn may challenge buyers closing at peak prices.
Minto Proposes 232-Home Subdivision in Kanata
Minto Communities has submitted a proposal for a 232-home subdivision on Campeau Drive in Kanata, Ottawa. The development aims to address housing demand in the growing suburb.
Windsor Councillor Questions Infrastructure for 170-Unit Project
A Windsor councillor raises concerns about infrastructure capacity as a 170-unit residential project moves to committee for approval, citing potential strain on roads and utilities.
Ottawa Proposes Levy, Facility Sales for Infrastructure
Ottawa considers a new levy and selling aging facilities to fund repairs for deteriorating infrastructure. The plan aims to address growing maintenance needs without overburdening taxpayers.
Sudbury Couple Wins Record $6.4M Hospital 50/50 Draw
A Hanmer couple won over $6.4 million in Canada's largest hospital 50/50 draw, setting a new record for the fundraiser.
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Sudbury Man Wins $2.45M Lottery, Plans to Build Home
A Greater Sudbury man wins $2,454,522 in the lottery, answering the call while on a ladder. He plans to use the winnings to build a new house.
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