Langley, British Columbia is set to become the home of the Fraser Valley’s first ever residential mass timber development - Legacy on Park Avenue.
Average rents for all property types in Canada have risen for third consecutive month as rental demand increases with the arrival of the prime spring leasing season.
Starlight Investments, an affiliate of Blackstone Property Partners, announced they have jointly purchased eight Toronto-area apartment buildings containing 1,067 units.
Zahlco Developments announced it has purchased two Brantford properties for the development of a nine-storey, 205-unit rental apartment with retail and adjacent townhomes.
Canadian investors acquired USD $9.8 billion worth of multifamily properties in the United States last year, but that's a fairly small portion of the sector's USD $167.5 billion transaction volume.
GWL Realty Advisors formally broke ground on a 21-storey market rental tower at 1500 Robson Street in Vancouver's West End. When complete, the tower will add 128 purpose-built rental units to the neighbourhood lacking in vacant apartments.
The median monthly rent across Canada increased nearly 6 per cent in January over December to $1,747, according to the February national rent report created by Rentals.ca and Bullpen Research & Consulting.
Mayor John Tory announced plans to implement new apartment tower safety measures after hundreds of families were displaced due to electrical failures at two high-rise buildings in Toronto.
The federal government announced it is contributing $41.7 million toward the construction of a new Montreal rental project called Apero Phase 3, a 10-storey building in LaSalle.
The Quebec Professional Association of Real Estate Brokers (QPAREB) brings together more than 12,500 real estate brokers and agencies.
Residential was the only sector that could boast capital growth in every market where institutional investors represented in the Canada Property Index hold properties.
Tricon Capital Group announced it has expanded its Toronto multifamily development program, Tricon Lifestyle Rentals, with the addition of its seventh new project.
CreateTO has appointed real estate industry executive Brian Johnston as the real estate agency’s Chief Executive Officer (CEO).
Issuers, registrants, investors and affiliated stakeholders are invited to submit written comments to the Ontario Securities Commission's Burden Reduction Task Force.
The federal government announced funding commitments for three affordable housing projects in the Montreal area, valued at $27.6 million.
A new report from Rentals.ca reveals that rent in Toronto is the highest in Canada for one- and two-bedroom apartments, while Ontario is still the most expensive province.
The Ontario government has proposed changes to the Growth Plan intended to help increase housing supply, attract investment and protect jobs in the Greater Golden Horseshoe.