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Fall housing market bright spots unlikely for Toronto, Vancouver

1 day ago

Fall housing market bright spots unlikely for Toronto, Van.

Recently released home sales statistics for Toronto and Vancouver suggest any glimmers of hope that the market was heading for a recovery are fading. A variety of factors continue to chill the overall housing market.

Major housing project approved on Perth golf course

The Ontario Land Tribunal has approved a 1,061 home development in Perth, Ont. by Ottawa-based company Caivan that would swell the small town's population and take a chunk out of one of Canada’s oldest golf courses.

$92M federal-municipal deal brings townhomes to Burnaby

Of the 183 units, 125 will have three bedrooms and 58 will have two — a split designed for families, rather than the studio- and one-bedroom-heavy stock that typically defines new rental supply.

Big Six impaired loans nearly triple, but remain manageable

Impaired loans at Canada’s Big Six banks have nearly tripled from their 2022 lows, although Morningstar DBRS says overall asset quality remains solid and the increase is not yet cause for significant concern.

Many Toronto-area homeowners selling at a loss

Eight in 10 Toronto-area homes that were purchased in the last three to five years and resold in the first seven months of 2026 changed hands for less than their owners originally paid, according to data prepared by HouseSigma.

Montreal home sales drop 13% as inventory builds

Montreal’s housing market continued to cool in August, with sales falling and the number of properties available for sale climbing across the region. A total of 2,853 homes changed hands during the month, down 13 per cent from August 2025.

B.C. property asked to solve too many problems

OPINION: In British Columbia, property is increasingly being used as a tool to solve some of the province’s most complex challenges. That shift has happened gradually, almost quietly, but its implications are becoming harder to ignore.

Markets predict 3 Bank of Canada rates hikes are coming

Investors have increased their bets the Bank of Canada will hike interest rates in December and beyond, with rates peaking at three per cent, after the central bank on Wednesday announced a seventh consecutive hold at 2.25 per cent.

Toronto laneways caught in ownership limbo

For years, the residents of a Roncesvalles condo building have been asking the city to do something about the craggy laneway that, they’re fairly certain, belongs to a man who died more than 40 years ago.

Nanaimo offers interest-free loans for energy retrofits

Homeowners in Nanaimo can now apply for interest-free loans to retrofit their homes with energy-efficient options. The program offers up to $15,000 for the installation of items like heat pumps, insulation, windows, doors and solar-panel systems.

Lépine’s stepping down, new RECO board to take over

Nearly 10 months after he stepped in to take a leading role in the transformation of the Real Estate Council of Ontario (RECO) at a tumultuous time, Jean Lépine says the regulator is ready to move forward without him. 

Why ‘cloffices’ – closet workspaces – are on the rise

More Canadians are living in condos and townhomes in major urban areas. Yet those condos have decreased in size by as much as 35 per cent over the past 30 years, leaving less room for dedicated home offices.

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