Real Estate

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.

Toronto City Council’s recent decision to permit low-rise sixplexes in nine wards, instead of across the city as initially proposed, could cost it nearly $30 million in federal housing funding.

A B.C. landlord who sold a rental property failed to convince a judge the buyers – who never moved into the home – should be on the hook for compensating wrongfully evicted tenants, according to a recent decision.

A landlord who evicted her tenant so that she and her family could move into the property, then seemingly offered to re-rent the property to the tenant for double what he had been paying, will have to pay him $30,100 in compensation after losing in B.C. Supreme Court last week.

What started as a standard lease to three university students and their mother, turned into a months-long ordeal involving 12 tenants, nearly 14 animals and tens of thousands of dollars in damage.

Roughly 60 per cent of Canadian mortgage holders will face higher monthly payments when their loans come up for renewal in 2025 and 2026, according to a new Bank of Canada report.

A survey says financial help with a down payment is now essential. 7 in 10 recent homebuyers say they could not have purchased their home without help.

Roughly 60 per cent of Canadians are set to face higher monthly mortgage payments when their loans come up for renewal this year and next, according to a new Bank of Canada report.

The Greater Toronto and Hamilton Area new condominium market saw just 502 sales in the last quarter, prompting one real estate analysis firm to speak out about what it says is a “downturn that is really starting to wreak havoc.”

Canada Mortgage and Housing Corp. says the annual pace of housing starts in June edged up 0.4 per cent compared to May.

Sales of ultra-luxury homes worth more than $10 million in the Greater Toronto Area are up 200 per cent for the first half of this year compared to the same period last year, according to a new report from Sotheby’s International Realty Canada.

The Canadian Real Estate Association has downgraded its forecast for home sales in 2025, as it reported the number of homes changing hands.

Canadians currently looking to purchase a home may be in for a pleasant surprise, as many real estate markets across the country are seeing improved affordability, says the president and CEO of Royal LePage.

Royal LePage says the aggregate price of a home in the Greater Toronto Area dropped 3 per cent year over year in the second quarter of 2025 as prospective buyers chose to take a wait-and-see approach amid 'global economic uncertainty.'

Listing agents and home sellers have traditionally been brought together through referrals, advertising, cold calls and hours of online research. Those systems are outdated and inefficient, says Patrick Armstrong, head of the new Canadian real estate platform Hyyve.