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Equiton's Bridleview targets GTA's steady luxury condo market

2 days ago

Equiton targets GTA's steady luxury condo market

Equiton Inc. plans to develop a luxury condo building in Toronto’s affluent Bridle Path neighbourhood, encouraged by the resilience of the high-end sector, even as the city’s broader condo market remains in a major slump.

Bank of Canada keeps interest rates at 2.25%

The Bank of Canada (BoC) held the overnight interest rate at 2.25 per cent, as it monitors the impacts of the war in Iran and Canada’s slowing economy.

Ontario prefab homebuilder announces $5.16M expansion

Midland, Ont.-based Triumph PrimeFab will put $5.16 million toward establishing advanced manufacturing operations and launching the production of two new prefabricated construction products for the Ontario housing market, creating 36 new jobs and retaining five existing positions.

Accounts frozen at two more Ontario brokerages

The Real Estate Council of Ontario has frozen the accounts of two more brokerages — MEhome Realty (Ontario) Inc. and 5I5J Realty Inc. — with an investigation uncovering more than half a million dollars unlawfully disbursed from trust accounts, it says. 

Addy collapse shows risks of fractional RE investing

The financial collapse of Addy Technology Corp., a company that crowdfunded millions of dollars for “fractional ownership” shares of Canadian commercial and residential real estate, has laid bare some significant risks in the business model.

Spring real estate market off to slow, uneven start

COLUMN: Instead of a clean rebound from 2025, the new year has started colder: January activity was 16.2 per cent below year-ago levels, and February sales in Canada were down another 8.1 per cent from February 2025. 

Housing market malaise drags on B.C. outlook

B.C. home sellers hoping for a strong spring selling season may need to cut their expectations as February sales showed no improvement after a punishing January. Buyers have opted to stay on the sidelines despite improved affordability.

Jasper changes tack to deal with chronic housing shortage

Safeguarding the features that make Jasper an attractive destination at the heart of a national park creates pressures on the housing market, as the town’s complex development regulations, compounded by high construction costs, have caused supply to lag behind demand.

Fixed mortgage rates up dramatically since start of Iran war

Fixed-rate mortgages are in for a bumpy ride as conflict in the Middle East pushes up interest rates for consumers’ preferred mortgage product — and it’s likely to remain elevated for some time, experts warn. 

Homeowners with stronger credit defaulting on mortgages

New data from Equifax Canada shows someowners with stronger credit scores are increasingly defaulting on their mortgage payments, an alarming trend that reveals the impact of higher mortgage rates on traditionally lower-risk borrowers.

Aging population is changing how we think about homes

An age-friendly community goes far beyond housing design. It includes reliable transportation, access to health care and home support services, walkable streets, nearby grocery stores and pharmacies, and opportunities for social connection.

The most expensive home for sale in Ottawa

A seven-bedroom, five-bathroom home in Ottawa’s Rothwell Heights neighbourhood is currently the most expensive home on the market in the capital. According to the listing, the home on Delong Drive is for sale at $9,999,995.

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