Housing starts in the Ottawa CMA were trending at 4,475 units in July, down from 4,533 units in June, according to Canada Mortgage and Housing Corporation.

Pure Multi-Family REIT announced plans to internalize asset management, effective September 1, 2016. In the meantime, the Managing GP will continue to provide services to Pure Multi-Family under the Asset Management Agreement until August 31, 2016.

Québec-based GCS Développement immobilier and Fonds immobilier de solidarité FTQ broke ground on Arrondissement 74, an upscale rental building located in a quiet neighbourhood of Québec City, known as Charlesburg.

CIBC Mellon opened a new office in Mississauga, bringing more than 150 accounting, client service, operations and related professional roles to the city.

A new report from Avison Young takes a closer look at millennials and their influence on all aspects of the U.S. economy. Entitled, "Millennials and Re-Urbanization of the City – Closer to the Core" the report emphasises the generation's effect on commercial real estate, amenities and location.

A new standardized approach for collecting, measuring and interpreting real estate investment performance data responds to the ever widening scope of global portfolios and institutional investors' need for transparency and cross-border consistency.

Tim Hudak has been named the next Chief Executive Officer of the Ontario Real Estate Association (OREA), effective later this year.

Ottawa’s CF Rideau Centre celebrated the completion of a $360 million redevelopment that spanned three years.

A proposed ASHRAE and ACCA standard that will establish consistent practices for conducting and reporting energy audits is open for public comment.

Ontario is investing $300 million over the next two years to repair schools across Northern Ontario.

Ontario has announced it will invest $175 million in 2016-17 to hospitals across the province to keep them in good repair, a $50 million increase over 2015.

JLL’s Capital Markets team has completed the sale of the Woodcliffe Portfolio located in Toronto’s Downtown East and Rosedale-Summerhill neighbourhoods.

Ontario is providing $16 million to complete 550 facility upgrades and repair projects at more than 140 children's care centres across the province.

Vail Resorts, a leading global mountain resort operator, announced it will acquire Canada’s Whistler Blackcomb Holdings and ski resort for $1.4 billion.

Canadian open-ended property funds have been formally added to the IPD Global Property Fund Index following two quarters of consultative performance tracking.

Construction has started on Stantec Tower, soon to be Edmonton’s tallest and part of one of the largest mixed-use projects in Canada.

In July, Greater Toronto Area realtors recorded 9,989 home sales through the Toronto Real Estate Board’s MLS System, marking a new record for the month.