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End-users dominate sluggish GTA housing market

6 days ago

End-users dominate sluggish GTA housing market

High-end homes and "livable," more roomy condos will continue to see demand in the Greater Toronto Area's (GTA) depressed housing market according to Riz Dhanji, the founder and president of real estate development sales firm RAD Marketing.

RBC acquires fintech Pinch Financial

Royal Bank of Canada (RY-T) says it has acquired financial technology firm Pinch Financial Inc. Pinch was founded in 2017 and operates a platform that helps banks and lenders verify borrower information online and speed mortgage applications.

National housing supply made strides in 2025: CMHC

Canada's housing agency says the country made "meaningful" supply gains last year thanks to record rental construction and more “missing middle” type housing. Short-term imbalances, however, remain for several markets.

Kelowna council shoots down townhome development

Kelowna city council came down on the side of concerned neighbours and unanimously shot down a rezoning application for a 15-townhome development on a 1.2-acre property on Mountain Avenue. 

Mississauga moves to cut costly design barriers to housing

The City of Mississauga is undertaking several immediate changes aimed at unlocking more housing in urban areas. The Urban Design Program Review will include an assessment of city guidelines as well as associated Official Plan policies and zoning bylaw regulations.

Toronto home sales still ‘hit and miss’

An icy January in Toronto had a chilling effect on real estate sales, but a further slide in February suggests the vagaries of Mother Nature are not solely to blame, according to National Bank of Canada senior economist Daren King.

Don't panic-buy just because the calendar says 'spring'

COLUMN: We’re just two weeks away from the start of spring, and the prevailing assumption this time of year is that buyer competition heats up and prices firm up. Four factors might make this spring market a bit less festive.

OREA CEO departs association after leave of absence

Ontario Real Estate Association (OREA) CEO Luigi Favaro will not be returning to the association following a leave of absence that began in November, OREA confirmed in a member communication. The board has named Cathy Polan interim CEO.

The wave of missed mortgage payments that never came

ANALYSIS: One of the clearest indicators of housing market stress is the share of borrowers who miss mortgage payments. By this measure, Canada’s housing market currently shows no sign of widespread distress.

Unlimited liability in residential RE transactions – why?

COLUMN: In just about every contract, including commercial real estate deals, there is a limitation on the liability of the contracting partners. So why isn't that the case in residential real estate deals?

U of W using 3D printing to help address the housing crisis

Can 3D printing help address Canada's housing shortage? That's the question researchers, industry leaders and government representatives explored at the University of Windsor on Tuesday with a conference exploring new technologies, including 3D printing and modular construction.

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