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July 16, 2025
New home construction activity picks up, but increase isn't uniform across Canada
Canada's new home construction market is showing signs of recovery, but activity levels vary sharply across regions as Toronto struggles with housing starts even as other parts of the country see an increase in starts.
July 16, 2025
Inflation, lack of policy clarity likely to keep Bank of Canada on an extended sabbatical
Much to the dismay of the real estate industry, the Bank of Canada is likely to extend its policy of holding interest rates steady following June’s core inflation readings.
July 16, 2025
Oxford kicks off construction on Scarborough Town Centre residential project
Oxford Properties Group has launched construction on its mixed-use Alta project on the west side of its Scarborough Town Centre shopping mall in Toronto.
July 16, 2025
South Florida coworking group launches global expansion in Canada
South Florida’s Vast Coworking Group is launching its first Office Evolution franchise in Toronto, with plans to take the brand global, after signing deals in Germany, Portugal and South Africa.
July 16, 2025
Trends that boosted retail market’s resurgence won't last forever
Retail real estate has been enjoying a return to grace following more than a decade of comparative stigma, following the global financial crisis and concerns over the effect online retail would have on brick-and-mortar retail sales.
July 15, 2025
Toronto’s industrial market seems healthier than recent headlines suggest
Despite the prevailing narrative of a cooling industrial real estate market in Toronto, the city continues to outperform its peers in some key fundamentals. While rental rates are undergoing a correction, this shift follows an unprecedented bull run, one that saw record-breaking growth in both demand and pricing. The current recalibration is less a sign of weakness and more a natural pause after years of extraordinary expansion that was unsustainable.
July 14, 2025
Canadian REIT focused on Manhattan apartments moves closer to public offering
A Canadian REIT with its eyes on providing Canadian investors with access to New York City's Manhattan multifamily market says its initial public offering will be for more than 400 million in U.S. dollars.
July 11, 2025
Asking rents for apartments moving in different directions in Canada's major markets
A significant contrast appears to be emerging among Canada’s rental apartment markets as demand is affected by slowing immigration, looming trade tensions and a tightening job market.
July 11, 2025
US threatens Canada with 35% tariffs on imports
U.S. President Donald Trump threatened to impose 35% tariffs on Canadian imports next month, a measure that, if implemented, could have a wide-ranging impact on the Canadian economy, possibly affecting the housing and job markets.
July 10, 2025
GWL Realty seeks to build 96-floor supertall tower in downtown Toronto
Canada's second supertall skyscraper could be sprouting in downtown Toronto above College Park at the corner of Yonge and College streets.
July 9, 2025
Hullmark buys interest in Toronto retail property where multifamily towers soon could rise
Brad-Jay Investments, the owner of the Jane Finch Mall in the North York area of Toronto, has sold a minority interest to Hullmark to help advance plans to build on-site housing.
July 9, 2025
Birks acquires European Boutique luxury watch and jewelry chain of Toronto
Birks, a Montreal-based luxury jeweler founded in 1879, has bought for $9 million the European Boutique chain that operates four stores in greater Toronto.
July 7, 2025
Couche-Tard to add Circle K stores as global chain ponders expanding offerings
While Couche-Tard executives have been trying to hammer out a megadeal to acquire the 7-Eleven convenience store chain from Seven & i Holdings, construction workers have been wielding tools in an effort to build more Couche-Tard stores.
July 7, 2025
Risk premium may be too tight for comfort in Toronto’s multifamily market
The risk premium may be too tight for comfort in Toronto's multifamily property market.
July 7, 2025
Toronto Regional Real Estate Board calls for further rate cuts
The country's largest real estate board is calling for another interest rate cut ahead of the Bank of Canada's next meeting, as existing home sales prices continue to fall in the Toronto region.
July 7, 2025
Vancouver mall scores one of largest financing deals this year in Western Canada
Toronto-based mortgage broker Finneo has swung one of the largest financing deals in Western Canada this year, arranging a $100 million loan on a Vancouver retail property.
July 7, 2025
Toronto REIT confirms receipt of purchase proposals for the firm
H&R Real Estate Investment Trust, a Toronto-based landlord with billions of dollars in assets across Canada and the United States, said it is in talks to potentially sell its holdings that include residential, industrial, office and retail properties.
July 3, 2025
Canadian multifamily market hit by new supply, trade war with US
Trade disputes with the United States and the high number of new apartments being built in Canada is weighing on the country's housing market, according to a new report from Oxford Economics.
July 2, 2025
CoStar World News for July 3
July 2, 2025
Guinness World Records recognizes mark set by Canadian solar panel facade maker
Daniel Hadizadeh wants building owners to get a charge out of their properties by adding solar panels as a method of harnessing sunlight to be converted into power.

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