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REMI

Industry News

Mortgage brokers split on interest rate message

Mortgage brokers split on interest rate message

Steady holding of the Bank of Canada’s overnight lending rate elicits differing responses from mortgage brokers associations in Ontario and British Columbia.
Quebec City

Quebec City CMA condo sales decline 14%

The median price of a condo increased by 5 per cent in Quebec City.
Ontario puts price on broker transgressions

Ontario puts a price on broker transgressions

Regulatory overseers in Ontario will soon wield a new slate of fines for real estate brokerages, brokers and sales representatives who run afoul of the rules.
Retaliatory tariffs set for building products

Retaliatory tariffs set for building products

Radiators, most air conditioners, and LED luminaires and lighting fittings manufactured in the United States are set to be hit with retaliatory tariffs beginning Sept. 8.
mortgage

Mortgage holders anxious about new monthly payments

One-third of Canadian borrowers are concerned about increased monthly payments as pandemic-era renewal nears an end.
Built Green

Brookfield Residential commits to Built Green first

Brookfield Residential has become the first large master-planned community developer to participate in the Built Green certification program.
Yonge City Square

More spacious vision unveiled for Yonge City Square

The Gupta Group has unveiled a significant redesign for the Yonge City Square condo development in York Mills.
RECO

RECO seeks Industry Advisory Council inaugural members

The Real Estate Council of Ontario is establishing an Industry Advisory Council and inviting 10 experienced professionals to serve as members.
housing market

GTA housing market tightens in July

The latest market research from TRREB suggests that active homebuyers faced more competition from other potential purchasers in July.
EV

Canada boosts EV infrastructure funding

The federal government announced a $10.9-million investment to complete 22 electric vehicle infrastructure and education projects.
housing market

New research suggests rising risks for Canada’s housing market

Canada’s housing market is straining under the weight of shifting economic conditions, cooling demographic growth, and a sharp reversal in investor sentiment, according to new report.
garbage

Saskatoon eyes utility-funded model for multi-unit garbage

All property taxpayers contribute to garbage collection service, but that funding model may soon change.
housing market

CMHC forecasts gradual housing market recovery

Canada Mortgage and Housing Corporation (CMHC) predicts average home prices will likely decline in 2026 and then slowly rise, while housing starts will continue to fall throughout 2027 and 2028.
tallest

Vancouver approves new tallest towers

Vancouver city council has approved rezoning for a downtown block, making way for the city’s three largest towers to be built.
condo

Ontario advances meeting-related condo legislation

The Condominium Authority of Ontario announced key legislative changes that will create new opportunities and challenges for condo boards, owners, and managers.
CAO

The CAO names new board chair

Vincenza Galatone has been named the new chair of the Condominium Authority of Ontario's board of directors.
condo sales

GTHA new condo sales up 52% in Q2

New condo sales in the Greater Toronto Hamilton Area increased 52 per cent annually to 702 units in Q2-2026.