Donald Trump's proposal for 50-year mortgages faces industry criticism as experts warn it provides minimal cost relief while significantly increasing long-term interest payments and delaying equity building for homeowners.
Federally insured reverse mortgages rose over 6% as persistent inflation and benefit cuts force seniors to tap home equity. Lenders report significant increases in demand.
Patrick Brown of Garson, Ontario, caught the biggest fish and won $78,967 in Lotto 6/49. The 65-year-old manager plans renovations and education funding with his winnings.
Sonder Holdings Inc. declares bankruptcy, forcing guests out mid-stay after a failed technology integration with Marriott International. Learn the full story behind the collapse.
Onni Group proposes four taller mixed-use towers with hotel, residential, and commercial space near Emily Carr University, revitalizing a long-stalled False Creek Flats site.
Toronto's rental market sees a surge in incentives like free rent and gift cards as vacancies climb to 3.5%. Landlords adapt to a more competitive landscape, offering perks to secure long-term tenants.
Sonder Holdings files for bankruptcy protection, forcing immediate evictions from Montreal apartment-hotels. Hundreds of travelers left scrambling for accommodations.
The Tsleil-Waututh Nation announces landmark acquisition of Hastings Casino in Vancouver, marking significant Indigenous economic development. Learn about this historic transaction.
Hockey Hall of Famer Chris Chelios puts his stunning Malibu beachfront estate on the market for $59.9 million US. Discover the property details and his impressive real estate profit.
Kitchener city council has given final approval for a new industrial development project, paving the way for economic growth and job creation in the region. Learn more about this significant development.
Americans may soon access 50-year mortgages, but Canadians should understand the hidden costs: higher rates and hefty fees. Learn why our system offers better value.
WalterFedy celebrates a successful year in Calgary, highlighted by The Loft office-to-residential conversion project, following its acquisition of Riddell Kurczaba Architecture.
Serbian activists protest controversial real estate development financed by Jared Kushner's investment company at historic military complex site. Latest updates on the growing demonstration.
Former President Donald Trump proposes 50-year mortgages as housing solution. Analysis of potential impact on Canadian real estate market and homebuyers.
Discover 429 Walmer, Toronto's new 48-suite luxury condominium in Forest Hill. Designed for local homeowners downsizing with premium amenities, privacy, and security.
Kitchener city council has approved a zoning application for redevelopment at 137 Woodhaven. The project will transform an existing duplex property in the growing Ontario community.
Montreal's iconic Photo Service in Old Montreal will shutter in 2026 after nearly nine decades of operation. Discover the story behind this historic closure.
Windsor City Council has extended the development charge freeze until 2031 and added an annual review clause. Learn how this affects local construction and growth.
Canada's Competition Bureau raises concerns about algorithmic rent pricing tools used by landlords, though finds the practice not yet widespread. Learn how this affects rental markets.
Months after devastating fire rendered building uninhabitable, Barrie residents return to salvage belongings from 96 Ross Street apartments. Recovery continues.
The iconic McDonald's in Ottawa's ByWard Market will transition to takeout-only service, confirmed by city councillor. Discover what this means for the historic neighborhood.
Windsor City Council is evaluating a temporary suspension of development charges to stimulate construction activity. Decision expected to impact local economy and housing affordability.
Windsor City Council is debating a temporary suspension of development charges to stimulate construction activity and address housing needs in the community.
Ottawa's housing market sees price growth in October while luxury properties above $10 million buck the trend of slowing sales. Learn about the latest market insights.
A suspicious fire that began at a new infill construction site in Glenora has destroyed a historic 1935 Art Deco show home. Owner Ken Freeland recounts the devastating loss as Edmonton police investigate eight suspected arsons.
New York City commercial real estate industry reaches out to Mamdani as rent freezes threaten building maintenance and renovation capabilities. Learn about the implications.
Some Ottawa renters will receive automatic rent reductions starting January 1, 2025. Learn who qualifies and what you need to know about this important change.
Bloom Financial introduces Canada's first lifetime fixed-rate reverse mortgage, eliminating rate reset risk for seniors. Learn how this innovative product protects retirement equity.
Ottawa Real Estate Board says Budget 2025 misses mark on immediate housing supply for first-time buyers. Read the critical analysis of what's missing for affordability.
Ottawa introduces 21st century Victory-style homes to increase housing supply. Learn how this innovative approach addresses Canada's housing shortage.