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Jesta Group plans to buy $500M of bulk, unsold Toronto condos
Jesta plans to buy $500M of bulk, unsold Toronto condos
Developer Jesta Group has acquired a bulk condo portfolio in Toronto for $30 million, entering the Toronto residential market and initiating a $500-million acquisition program.
CMI closes new $100M facility from U.K. investor
CMI Financial Group has closed a senior financing facility of up to $100 million with U.K.-based Royal London Asset Management to grow its lending capacity for residential mortgages.
New Halifax neighbourhood could expand to 4,000 units
A new Halifax neighbourhood was expected to house around 6,500 people, but if HRM approves the latest changes from Southwest Properties, that population could hit 10,000. Seton Ridge is already in progress on a site off the Bedford Highway.
Massive Welland residential development moving forward
A substantial payment is a clear signal one of the largest single-developer projects in the Welland’s history is in the works. Two years ago, Burlington-based LIV Communities purchased just over 61.2 hectares of Welland-owned land for $35M.
Rosehaven letting buyers put condo units on layaway
Rosehaven Homes is offering a program on The Rebecca Residences, a new 23-storey building in Hamilton, where purchasers can pay $1,000 per month for four years for a one bedroom.
Has Toronto's condo market hit its bottom?
After a year of sluggish sales and cancelled projects, the condo market in Canada’s largest city is showing signs of recovery. New data released by TRREB suggests the slump in the condo market may be coming to an end.
Newly built Vancouver condos are too pricey to sell: CMHC
Unsold, unoccupied and unaffordable. That’s the situation for most of the condo inventory that has been recently built, is currently for sale, and has not sold in Vancouver and Burnaby, according to Canada Mortgage and Housing Corporation (CMHC) data.
Expect 'big drops' in housing starts this year: CHBA
VIDEO: Kevin Lee, chief executive of Canadian Home Builders’ Association (CHBA), talks to the Financial Post’s Larysa Harapyn about how home construction is heading into a big slowdown. Lee says construction financing has become harder to get.
Renewal wave peaks but still dominates mortgage market
Canada's residential mortgage industry continued to be dominated by renewal activity in 2025, marking a peak in the mortgage renewal wave the industry has experienced in recent years, according to Canada Mortgage and Housing Corporation's latest Residential Mortgage Industry Report.
RECO launches improved Recent Regulatory Actions page
The Real Estate Council of Ontario (RECO) launched a new Recent Regulatory Actions web page to communicate enforcement action taken by the regulator. The update is intended to improve transparency and strengthen consumer confidence.
Will falling house prices delay your retirement?
COLUMN: The problem for those who have a lot of their wealth tied up in their principal residence and who may be looking to tap into that money at some point in their retirement? It’s just not worth as much now.
Millennials postponing major life milestones
Canadian millennials are entering the housing market later and putting off having a family because of affordability challenges and societal changes, according to a study from Statistics Canada.
Industry Events
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Land & Development
May 27 2026
Metro Toronto Convention Centre - North Building -
AIC National Conference
May 27 2026
to May 30 2026
Toronto, ON -
Southwestern Ontario Real Estate Forum
Jun 03 2026
RBC Place London -
Canadian Apartment Investment Conference
Sep 09 2026
Metro Toronto Convention Centre, North -
RealREIT
Sep 16 2026
Metro Toronto Convention Centre, North
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