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Bank of Canada cuts interest rate 25 BPS: Real estate sector cheers
BoC cuts interest rate 25 BPS: Real estate sector cheers
Canada’s central bank has reduced the overnight interest rate by 25 bps to 2.5 per cent, its first cut since March and a decision welcomed with open arms by the country's housing, commercial real estate and development industries.
GTA builders warn of 41,000 job losses
Builders’ associations are warning of major job losses in Greater Toronto Area (GTA) residential construction as Toronto records its lowest annual housing starts in nearly three decades on plummeting condominium sales.
Missing iPro funds helped pay for renovations: lawsuit
Some of the funds misappropriated by iPro Realty - founded by Rui Alves and Fedele Colucci - were used for “significant renovations” to a waterfront property owned by Alves’s wife, according to a lawsuit filed in Ontario’s Superior Court of Justice.
Build-to-rent: The housing revolution Canada hasn't tried
COLUMN: In Canada, purpose-built rental is experiencing a renaissance, but almost exclusively in mid- and high-rise formats. Canada has yet to embrace the low-rise build-to-rent model that is transforming the U.S. housing landscape, writes architect and urban planner Naama Blonder.
Jayman Built to create 5,000 homes with premium amenities
Jayman Built's Nostalgia Townlet in Calgary will feature 5,000 residences of nine different styles: wide-format single-family homes, all with steel roofs and solar heating; and multi-storey towers designed as condos, apartments, and senior and adult-only complexes.
Canadian housing starts fall 16% in August: CMHC
Canada Mortgage and Housing Corp. (CMHC) says the annual pace of housing starts in August fell 16 per cent compared with July. The seasonally adjusted annual rate of housing starts came in at 245,791 units in August.
B.C. developers skeptical of Build Canada Homes program
A panel of B.C. developers expressed concerns about the federal government’s new Build Canada Homes program, suggesting it could potentially overlap with another federal agency, benefit well-connected builders and encounter challenges in urban settings.
Institute will be an incubator for northern housing solutions
When the Institute for Northern Housing Innovation opens in Sudbury next fall, a key part of its mandate will be to help develop successful technologies and, in collaboration with industry, ready those technologies for use in the residential construction industry.
Number of GTA homes being taken over by lenders rising
The number of Toronto-area homes that have been taken over by lenders under “power of sale” is up almost 60 per cent from the same time last year, according to new data.
Toronto buyers take cold-blooded approach to condo market
Toronto’s wobbly condo segment appeared slightly more sturdy in the opening weeks of the fall market. Downsizers, first-time buyers and young professionals with solid incomes are the three groups moving ahead now that prices have declined, broker Christopher Bibby said.
Keypr incorporates Nesto mortgage services into platform
Toronto-based proptech platform Keypr has partnered with Montreal-based Nesto to add mortgage services as another tool in its digital service for Ontario homebuyers. Keypr is the consumer-facing online platform for Toronto-based realtor Konfidis.
B.C. real estate agent loses licence after failing to pay fine
B.C. real estate agent Afsaneh Zarshenas has had her licence suspended for failing to pay a $50,000 fine. Zarshenas was penalized after the BC Financial Services Authority determined she had used the services of an unlicensed mortgage broker.
Industry Events
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Calgary Real Estate Forum
Oct 29 2025
BMO Centre Expansion, Stampede Grounds
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Atlantic Real Estate Forum
Nov 04 2025
Halifax Convention Centre
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Global Property Market
Dec 02 2025
Fairmont Royal York
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Toronto Real Estate Forum
Dec 03 2025
to Dec 04 2025
Metro Toronto Convention Centre, Toronto
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