Real Estate

RBC is predicting Ontario housing prices to decline, the bank says “prospective buyers are re-entering the market as economic fears ease and lower interest rates gain traction.”

A Hawaii real estate investor and broker are suing Shohei Ohtani, claiming the Los Angeles Dodgers star and his agent got them fired from a US$240 million luxury housing development on the Big Island’s coveted Hapuna Coast that they brought him in to endorse.

The federal government says the planned Build Canada Homes program is expected to fund projects that focus on affordable housing and use Canadian-made materials.

Jon Campbell didn’t expect to buy a house in Newmarket this year.

RioCan Real Estate Investment Trust says it’s cutting financial ties to five properties held in its joint venture with the now-defunct Hudson’s Bay.

The national average asking rent in July fell 3.6 per cent from a year earlier to $2,121, marking the 10th straight month of year-over-year decreases.

A new report from Urbanation and Rentals.ca, Canadian real estate firms, shows Ontario market to be declining with most of the GTAH area seeing drops in average rents.

Montreal-area home sales rose 9.7 per cent in July compared with the same month a year ago, as the region saw its highest level of transactional activity.

Greater Toronto Area-home sales rose 10.9 per cent in July compared with a year earlier as 6,100 properties changed hands, the most activity recorded in the month since 2021.

Vancouver-area home sales were down two per cent in July compared with last year, as the city’s real estate board says it continues to believe the market is showing early signs of recovery.

A new Toronto bylaw targeting renovictions comes into effect today, requiring landlords to get a licence before carrying out repairs or renovations that force tenants to move out.

An Ontario migrant farm worker says there is “wickedness” in a federal government proposal that could allow employers to charge some workers 30 per cent of their income for housing.

As a tariff storm blew in from south of the border earlier this year, many industries in Canada, including the home building sector, feared the unknown ahead of them.

Mortgage delinquencies appear to be on the rise in both Ontario and the Greater Toronto Area and the numbers could get worse as Canada navigates choppy economic waters, experts say.

Experts say it’s a myth that seniors who own their homes are keen to downsize to fund their retirements, when the reality is they’re largely staying put, in part because they don’t like the downsizing options.