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Spring housing surge pushed to summer: Royal LePage

6 days ago

Spring housing surge pushed to summer: Royal LePage

The spring Canadian housing market ended with the aggregate price falling slightly from last year, Royal LePage said, a possible sign the slow start to the year is being shaken off... just a little later than expected.

Buyers return to detached homes as prices hold steady

Detached homebuyers are returning to many GTA, Greater Vancouver and Fraser Valley markets, even as prices remain steady, says a new report from Remax Canada. The report points to improving affordability and a narrowing gap between buyer and seller expectations.

Parents paying a premium to live near top-rated schools

The decline of the starter home, combined with worsening learning outcomes for Canadian students in the public school system, are making school ratings more important for a growing cohort of homebuyers, some realtors say.

Ottawa eyes major cuts to new-home development fees

City fees on newly built homes could fall by tens of thousands of dollars as Ottawa looks to cut development charges by more than half to get $478 million in infrastructure funding.

CMHC wants larger, less luxurious housing

The vacancy rate for homes built since the pandemic, which are therefore newer and more luxurious, is much higher than for homes built before that period. In this second segment, demand still exceeds supply.

Proposed Victoria building turned down for lack of windows

Victoria council has turned down plans for a six-storey mixed-use building in Vic West after concerns were raised about a lack of exterior bedroom windows in some of the proposed residential units.

HCRA suspends licence, lays charges against builders

The Home Construction Regulatory Authority has suspended the licence of Spring Garden Homes Inc. and laid eight illegal building charges against Goldentrust Development Inc. and their shared director, Peng Zhang, following investigations into unaccounted purchaser funds and illegal building activity.

Toronto falls from fastest-growing metro to 412th

Toronto fell from the fastest-growing metropolitan area in Canada and the U.S. in 2024 to 412th out of 435 metros in 2025. While the slowdown partly reflected lower immigration, losses to other parts of Canada also weighed in heavily.

Can Ontario agents help clients avoid land transfer tax?

When buying real estate in Ontario, clients must plan for closing costs, including the largest one: land transfer tax. Naturally, many buyers ask their realtor: “Is there a legal way to avoid or reduce this tax?”

What happens if your mortgage renewal is denied?

Many Canadians assume their mortgage renewal is automatic. Sign the letter, keep paying, move on. But here’s something that surprises a lot of homeowners: your lender is under no legal obligation to renew your mortgage when the term ends.

Townhouses could reach $2M in these Metro Van. spots

A new blog post from Zoocasa analyzes real estate markets across Metro Vancouver and the Sea to Sky regions, looking at when townhouses might become worth a whopping $2 million.

New owner pledges to preserve Sudbury's Bell Mansion

Sudburians who live near one of the city's most historic houses got their first look at what the new owners plan to do with the property — create a restaurant, with some new housing to be built on the grounds.

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