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Cottage prices to increase in 2026 despite economic fears: Royal LePage

1 week ago

Cottage prices to increase in 2026: Royal LePage

The median price of a recreational single-family home in Canada is forecast to increase four per cent this year to $604,552 by Royal LePage, a modest rise tempered by worries over the economy.

Ontario to extend full HST rebate to new homes under $1M

Ontario’s building industry says the province’s plan to rebate the sales tax on newly built homes for more buyers – including some investors – has the potential to be a “game changer” for the preconstruction home market.

Windsor approves $16.8M townhouse project

Windsor has selected a $16.8-million townhouse project with affordable units for an underused city-owned parking lot downtown. Developer 531 Pelissier Group will construct 48 residential units in three-storey townhomes on the lot.

Why more are choosing long-term renting over buying

COLUMN: With constant shifts in life patterns, the cost of living and interest rates, renting remains a popular option. The trend is accompanied by changed preferences for multiresidential design, amenities and materials, according to InterRent vice-president, operations, Jennifer Boyd.

Sutton Group brings new luxury banner to Canada

American luxury real estate brokerage Douglas Elliman is marching north of the border with a familiar face in the Canadian high-end market, Sutton Group CEO Ross McCredie, who has acquired the Douglas Elliman brand rights for Canada.

Selling a brokerage is rarely as straightforward as it seems

Across the country, many brokerages are still owned by founder-operators who also serve as broker of record. That combination of ownership, regulation and legacy makes selling a Canadian brokerage fundamentally different from selling many other businesses.

Canadians are still reliably paying their mortgages

Despite a trade war and other geopolitical tensions, as well as the ongoing mortgage renewal wave, the majority of Canadian homeowners are still meeting their monthly mortgage payments, according to a new poll from brokerage True North Mortgage Inc.

The hidden cost of Canada's mortgage habits

ANALYSIS: The data on mortgage-related search behaviour reveals a pattern that should concern policy makers and borrowers: Many Canadians are not truly shopping for mortgages. They are defaulting to familiar brands.

Toronto Hydro pilot to help fund multiplex electrification

Toronto Hydro is offering to help fund electricity management systems in up to six multiplexes in the city through a pilot project, with the goal of managing the demands from electric vehicle chargers and heat pumps.

In the GTA, homebuyers can drive a hard bargain

In Toronto and surrounding areas, real estate buyers are unwavering in their determination to carve out a deal. Lowball offers and deep knowledge of the seller’s financial stake have proved useful tools so far in 2026, according to one agent.

Why cheaper condos often have high maintenance fees

A condo might sound good on paper due to its below-market selling price, but it can be saddled with an astronomical maintenance fee that can equal mortgage payments. Suddenly, the cheap price doesn’t sound like a good deal anymore.

Former PM Joe Clark's childhood home for sale

The childhood home of a former prime minister has landed on the market in Alberta, and it could be yours for $830,000. The High River home, built in 1909, was the one-time home of Joe Clark.

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