Strong rental demand continued to outpace supply in 2023 resulting in less available purpose-built rental apartments and lower affordability, according to new report from CMHC.
Hamilton will soon be the first city in Ontario to introduce a renoviction bylaw forcing landlords to obtain a licence prior to issuing an N-13
Fallout from higher interest rates may continue to subdue multifamily development, but lenders express more confidence in prospects for new purpose-built rental and high-rise condominium projects next year.
Canada's fall economic update includes steps to crack down on short-term rentals and billions in financing toward rental housing construction.
Replicating Calgary’s nascent office-to-residential conversion momentum in other markets will likely depend on the same combination of weak office values, strong housing demand and generous incentives.
Currently underway in Vancouver, Sen̓áḵw is a powerful testament to Indigenous land ownership and an economic legacy that’s expected to generate upwards of $10 billion in revenue for the Squamish Nation.
Pinemount Developments and Elysium Investments have partnered on a 1.78-acre development site located in Emery Village, Toronto, at 3406-3434 Weston Rd.
The Canadian government announced it is removing the Goods and Services Tax (GST) on future purpose-built rental projects via the "Enhanced GST Rental Rebate" program.
The Canadian vehicle market is changing at a rapid pace, with the projected sales for electric vehicles (EVs) forecast to rise dramatically to align with Canada's goals.
Rent growth continues to accelerate in Canada’s apartment market as the economy outperforms expectations and demand exceeds new supply.
Viable conversion candidates must begin with a basic structural prerequisite, but construction costs, location, surrounding amenities and assumptions about future office values all influence the business case.
Since 2019, retrofitting with heat pumps has been rising in popularity among Canadian REITs and large residential landlords looking to invest in cleantech.
In the latest debate on housing matters, six leading mayoral candidates discussed their policies and promises for addressing Toronto's affordability crisis.
As the city of Toronto accelerates efforts to address housing affordability, inclusivity and the barriers inhibiting rapid housing development were top of mind at the Urban Land Institute’s Spring Meeting.
The aging plaza at 3730 Kingston Rd. in south Scarborough is poised to become a vibrant, mixed-use community hub, pending approval from Toronto City Council.
Apartment owners in Canada are reaping the rewards of a favourable supply-demand equation, according to Yardi's Q2-2023 multifamily report.
Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.