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BM Group shows confidence in Surrey housing market with land buy
BM Group shows confidence in Surrey housing market
The $34.5-million sale of a 10.09-acre site in the Metro Vancouver city of Surrey to developer BM Group is a sign of faith in the resilience of the local housing market, said the broker behind the transaction.
 | Beyond the Curb The mortgage stress story Canadians weren’t warned aboutJoel FoxCo-founder and COO, Ownright |
Rejection of 10-unit Toronto building rattles developers
Developer Romit Malhotra says he had every confidence his building proposal in Scarborough would be approved. It was supported by a new policy encouraging gentle densification on major streets. But it was rejected outright by the Scarborough committee of adjustment.
Central Elgin in SW Ont. ready to build 3,500 new homes
The tiny southwestern Ontario Municipality of Central Elgin is gearing up for an increased housing demand, as Volkswagen's EV battery plant in neighbouring St. Thomas gets closer to reality. It is seeking "experienced development partners" to deliver a complete community.
Why the feds are investigating Greater Vancouver Realtors
Last week, the federal Competition Bureau got a court order allowing it to gather information from Greater Vancouver Realtors, to see whether the association is allowing the industry to break the bureau’s “abuse of dominance” rules.
Brokerages fined for anti–money laundering lapses
Heavy fines against real estate brokerages for violating federal anti-money laundering rules have many in the industry questioning whether their existing systems and training comply with the law.
Sotheby’s Canada appoints Mustafa Abbasi president
Sotheby’s International Realty Canada has appointed Mustafa Abbasi as president, a move the company says brings entrepreneurial leadership and digital expertise to its luxury real estate operations. Abbasi succeeds Effi Barak, who has served as interim president since April 2025.
The myth of homeownership as an investment
OPINION: Canadians routinely treat homes as reliable investments, sometimes even primary retirement vehicles. But economically, a home is overwhelmingly a consumption good with an investment component, not the other way around.
Lagging construction linked to housing affordability
A study from Statistics Canada linked a lagging construction industry and small businesses to housing affordability issues. Statistics Canada found that construction companies have been decreasing in productivity nationwide, and “smaller firms accounted for the overall decline in labour productivity.”
Calgary home sales down 11% in February
Home sales in the City of Calgary fell 11.2 per cent last month compared with February 2025 amid a sharp pullback in condo activity. Calgary Real Estate Board chief economist Ann-Marie Lurie says the detached home market “remains relatively balanced.”
Saskatchewan leads Canada in mortgage delinquency
A greater percentage of Saskatchewan homeowners were behind on mortgage payments in the last quarter of 2025 than those in any other province, according to recent data from Canada’s banks. This marks eight straight years the province has maintained that status.
3 signs you may be headed for a mortgage default
One pattern Bank of Canada researchers found is that, about two years before their first mortgage delinquency event, households begin to rely more and more heavily on consumer credit, such as credit cards and lines of credit.
Industry Events
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