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1,553 Multifamily results

June 24, 2025
Slowdown in apartment rents continues to cool overall inflation in May
Canada’s headline Consumer Price Index inflation came in at 1.7% on an annualized basis in May, maintaining the pace from April and in line with expectations for a 1.7% year-over-year print.
June 24, 2025
QuadReal plans residential revamp of North Vancouver Mall
QuadReal Property Group, the real estate division of British Columbia’s largest pension fund, is seeking final approval from municipal authorities to build 11 residential towers, with the tallest reaching up to 40 floors, at its Capilano Mall in North Vancouver.
June 24, 2025
Renters not ready to buy just yet
Renters are taking a wait-and-see attitude when it comes to buying a home, a reluctance that could pressure a housing market showing signs of recovery, according to a survey from one of Canada's largest residential brokerages.
June 23, 2025
Westmount ponders allowing high-rise residential towers in suburban area bordering Montreal
Westmount, one of Canada’s wealthiest cities, is planning new rules to permit developers to build residential structures stretching up to 29 floors high in an area where the high-end suburb meets downtown Montreal.
June 23, 2025
Small developer given big job of revamping Montreal landmark
For the second time this year, government authorities have selected a small Montreal real estate developer to take on the major task of building residential high-rises on a long-vacant historical property in the city center.
June 23, 2025
Canada may need to double housing construction to regain affordability
Canada Mortgage and Housing Corp. estimates that getting housing affordability back to levels seen in 2019 will require that between 430,000 and 480,000 units be built annually over the next decade, double the current pace of construction.
June 23, 2025
Invesque shareholders approve potential sale, lease of senior housing properties
Invesque, an owner of assisted living and memory care facilities, plans to sell or lease all or a portion of its portfolio of 28 properties in the United States and Canada.
June 20, 2025
DC's Wharf nets $1.2 billion in refinancing to grow waterfront project
The Wharf mixed-use project in Washington, D.C., has closed on a $1.15 billion refinancing deal — one of the largest such transactions in the city's history — that positions the landmark project for new growth, the group that oversees the property said.
June 20, 2025
Canadian apartment REIT seeks to go public with New York City portfolio
A proposed Canadian real estate investment trust focused on owning luxury multifamily units in New York City has assembled a portfolio of more than 2,000 apartments worth billions of United States dollars, seeking to tap expected increased demand in the biggest U.S. commercial real estate market.
June 18, 2025
PSP Investments breaks even on real estate assets for past year
The Public Sector Pension Investment Board reported losing no money for its government employee contributors on its real estate assets last year in a tough market, as the Montreal-based pension posted a 0% return on its $26.6 billion in real estate holdings in fiscal 2025, according to its recently released annual report.
June 18, 2025
Toronto and Vancouver see major declines in multifamily housing starts so far in 2025
New multifamily builds slowed significantly in Ontario and British Columbia from January through May 2025, while rising at a brisk pace in Quebec and Alberta.
June 18, 2025
Ivanhoé Cambridge's name changing to La Caisse
Ivanhoé Cambridge is phasing out its name. The Caisse de dépôt et placement du Québec is changing the name of its real estate arm to La Caisse in a process that began at the start of this month and is set to be completed over the next few months.
June 16, 2025
Toronto, Vancouver condo markets at risk as sales fall, supply rises
The country's two largest markets for condominiums, which account for a large part of the rental supply in Vancouver and Toronto, are at risk as demand drops while supply increases.
June 13, 2025
Asking apartment rents keep falling
Apartment rents continue to fall across the country from a year ago as a result of a jump in supply.
June 13, 2025
Housing shortage crisis has quickly turned into an oversupply problem
In 2022, amid a material acceleration in population growth, near record-low interest rates, and double-digit increases in home prices, it appeared that Canada was in the midst of a major housing shortage crisis. With an election looming, policymakers sprang into action as the federal government pledged to build as many as 500,000 new housing units a year to fill the supply gap.
June 13, 2025
Grosvenor breaks ground on its largest mixed-use development in North America
Grosvenor has started the first phase of its six-tower Brentwood Block project in Burnaby, planned to be the London-based developer's largest mixed-use development in North America.
June 12, 2025
Canada Infrastructure Bank strikes deal with Scotiabank to expand building retrofit program
The Canada Infrastructure Bank, a federal Crown corporation, is expanding its building retrofit initiative by forming a $100 million partnership with the Bank of Nova Scotia to finance deep energy retrofits with its commercial real estate customers nationwide.
June 11, 2025
CoStar World News for June 12
June 10, 2025
Transit project delays extend 20-year effort to redevelop block in downtown Montreal
A two-decades-long attempt to redevelop Montreal’s downtown Voyageur block will have to wait a couple more years as renovations to the transit system mean construction on the final phase can't begin until 2027 or 2028.
June 10, 2025
Quebec's housing supply staging a recovery after five difficult years
After five years of limited housing construction, provincial housing supply in Quebec is starting to increase again.

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