Real Estate News

TORONTO — The national office vacancy rate in Canada climbed in the second quarter to its highest level since 1994, according to a report by commercial real estate firm CBRE. The firm said Tuesday that the national office vacancy rate rose to 18.

TORONTO — Most Ontario landlords will be able to increase rent by up to 2.5 per cent next year.

TORONTO — Canadians looking for a little extra help on mortgage payments may be surprised to learn about one possibility: loyalty points.

Canada's competition watchdog is calling for changes to a common real estate practice used by grocers to limit competition.

Vancouver's development permit board has approved a controversial nine-storey residential tower in the heart of Chinatown that supporters hope will reinvigorate the neighbourhood but which critics see as a symbol of gentrification that fails to refle

TORONTO — Allied Properties Real Estate Investment Trust says it has signed a deal to sell its urban data centre portfolio in downtown Toronto to Japanese telecommunications company KDDI Corp. for $1.35 billion.

TORONTO — The head of Canada's housing agency says measures such as extending mortgage amortizations and changing the threshold to qualify for an insured mortgage are not the answer to the country's housing affordability challenges.

TORONTO — When Bob Dugan surveys the future of Canada’s housing market, he doesn’t see the rosy picture many long for.

Canada's real estate market continued to heat up in May with home sales posting their first year-over-year increase since June 2021 and the average price seeing its first year-over-year gain in a year.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in May dropped 23 per cent compared with April as starts of apartments, condos and other types of multi-unit housing projects in Vancouver, Toronto and Montreal fell.