Real Estate Intelligence

CMT

Policy & Govt

Ontario’s new-home HST relief awaits final rules as builders explore workarounds

The province has passed enabling legislation for expanded HST relief on new homes, but CRA officials say the measures are not yet available as Ontario finalizes the required regulations.

4h agoRead

Better Dwelling

Interest Rates

Canada’s Deficit Plan Has Less Than 1% Chance of Success: PBO

Ottawa is boasting of fiscal anchors, but the latest stress test is about to give taxpayers that sinking feeling. This morning, the Parliamentary Budget Officer (PBO) released its 2026 Economic and...

8h agoRead

CMT

Market Stats

Montreal-area home sales down nearly 7% in May amid economic pressures: board

Montreal-area home sales fell 6.8% on a year-over-year basis in May as the province's real estate board says median prices continued to rise.

8h agoRead

CMT9h ago

Saskatchewan home prices hit another record despite slower May sales

Sales fell 10% from last year, but tight supply continued to push benchmark prices higher across much of the province.

STOREYS10h ago

It's A Buyer's Market For Cottage Country, But Exceptions Apply

Since peaking in 2022, Ontario’s cottage market has been undergoing a slow but steady market correction that has seen sales fall, prices drop and inventory rise. This trend continued in 2025 with a...

STOREYS10h ago

Ontario Invests $178M In Stalled Scarborough Junction Project By Republic, Harlo

Just around a year after Toronto-based Republic Developments and private equity firm Harlo Capital listed their massive Scarborough Junction project last year, as first reported by STOREYS, the...

STOREYS10h ago

Expert: 5 Policy Changes That Could Actually Fix Ontario's Housing Market

Ontario’s housing market is no longer experiencing a temporary downturn. It is confronting the consequences of a structural policy failure decades in the making. The evidence is now overwhelming: the...

Financial Post16h ago

The best mortgage rates in Canada right now

Rob McLister: Today's lowest national insured and uninsured mortgage rates, updated daily

Financial Post16h ago

The best reverse mortgage rates in Canada right now

Rob McLister: Here's everything you've ever wanted to know about reverse mortgages, including the best rates, updated daily

CMT1d ago

Tango Financial joins broker tech push as competition moves beyond rate

Tango’s partnership with Tactical Mortgage Solutions is the latest example of brokerages investing in tools meant to improve client conversations, conversion and advisory service.

CMT1d ago

Slashing development fees is not a cure-all for housing affordability: CMHC

Slashing municipal development charges would not be enough on its own to make homes affordable again across Canada, says a new analysis from the federal housing agency.

STOREYS1d ago

"Calm" Summer Expected As Home Sales Remain Subdued Across Lower Mainland

The real estate market in the Lower Mainland — and beyond — has been tempered, to say the least, and there isn’t any reason to expect that to change heading into the summer, according to the real...

Better Dwelling1d ago

Toronto Home Sales Jump, But Still 3rd Worst May In 25 Years

Toronto real estate is showing encouraging data, but is it a return to normal or the “return to normal” bubble experts warn of? Toronto Regional Real Estate Board (TRREB) data shows home prices...

Financial Post1d ago

Americans are gaining interest in Canadian real estate

Royal Lepage's webpage views from the U.S. spike in times of turmoil

CMT1d ago

Greater Toronto home sales up 6% in May as prices fall: real estate board

The Greater Toronto Area marked its third straight month of higher home sales compared with a year earlier, as the city's real estate board says the market tightened in May.

CMT1d ago

Canada makes new U.S. trade proposals, warns of ‘turbulence’

Canada made new and detailed proposals on trade to the U.S. based on negotiating progress in recent weeks, said Canadian cabinet minister Dominic LeBlanc.

CMT1d ago

Canada labour productivity falls as construction, agriculture lag behind

Canada’s labour productivity declined for a second consecutive quarter as hours worked increased while output declined.

Financial Post1d ago

Toronto home sales stronger than last spring as buyers benefit from ‘substantial negotiating power’

TRREB data show home sales climbed 6% year over year amid dip in prices

Better Dwelling2d ago

Canada Taps Leveraged Hedge Funds For Over 40% of New Debt, Warns BoC

Canada’s central bank is concerned about how the country is financing its debt. The Bank of Canada’s (BoC) latest Financial Stability Report flags the growing role of hedge funds in public bond...

CMT2d ago

Carney says data will be ‘uneven’ as Canada dips into technical recession

Canadian economic data will be volatile as the government works on a broader transformation of the economy, Prime Minister Mark Carney said in response to last week’s gross domestic product report...

CMT2d ago

Vancouver-area home sales down 3.5% in May as condo market lags: real estate board

Weak condo sales dragged down real estate activity in the Vancouver area last month, as prices also moved lower compared with a year ago.

STOREYS2d ago

Moving Day: May 2026 Industry Hires And Promotions

We know you like to know what's up.For your information, reference, and networking needs, here are the moves, hires, and promotions the real estate and development sector saw in May 2026:Alyssa Foley...

STOREYS2d ago

Upfield Capital, Arrowleaf Acquire 181-Unit Edmonton Townhome Community

Upfield Capital has acquired Cornerstone at Uplands, a 181-unit purpose-built townhome rental community currently under construction in Edmonton. The Vancouver-based real estate investment and asset...

STOREYS2d ago

Application Period Opens For Development Charge Reduction Program In Ontario

As of June 1, municipalities across Ontario can now apply for funding through the Government of Canada’s new Development Charge Reduction Program (DCRP), which was first announced on March 30.The...

STOREYS3d ago

These Are The Invisible Decisions Driving Today's Development

What’s old is new on the modern building front. At least, that's the case for Canada’s most strategic developers. Today’s construction challenges range from sky-high costs and supply shortages to...

Better Dwelling3d ago

Canadian Banks Hold Fewest Mortgages Since 2020, Arrears Near Decade High

Canadian banks aren’t just seeing delinquencies rise—they’re losing market share. Canadian Bankers Association (CBA) data shows the arrears rate was unchanged in March. Delinquent mortgages stalled...

Better Dwelling4d ago

This Week’s Top Stories: Canada’s Recession Arrives With Weaker Hiring & Fewer Businesses

Time for your cheat sheet on this week's top stories. Canadian Real Estate Canadian GDP Now Shows Recession, BMO Says Not Quite Canadian GDP surprised the market by falling for a third time in the...

Better Dwelling6d ago

Canadian GDP Now Shows Recession, BMO Says Not Quite

The Canadian economy is officially in a technical recession, but at least one Big Six bank says we’re not there. At least, right now. Statistics Canada (StatCan) data shows real gross domestic...

Financial Post6d ago

Rate hike still expected this year, despite latest GDP report

Robert McLister: Friday’s GDP report was skewed by quirky factors in the metals market, and preliminary April growth is looking much stronger

STOREYS6d ago

Capital Developments' New Rental Brand Puts The Neighbourhood First

From hotel-inspired customer service to digital maintenance requests, the urban rental experience isn’t what it used to be. In a housing landscape of shiny, new purpose-built rental buildings,...

Financial Post6d ago

Will that faster, cheaper AI-approved mortgage be worth it?

Robert McLister: What is having a human on the other end of one of life's biggest transactions worth — and what does skipping one save?

Financial Post6d ago

More evidence that increasing new housing supply improves affordability

The real risk isn't overbuilding but underbuilding, leading to exclusion, overcrowding and declining affordability

Better DwellingMay 28

Canadian Hiring Weakens As Job Vacancies Hit Near Decade-Low

Canadians aren’t exaggerating when they complain about this job market—hiring hasn’t been this weak in almost a decade. Statistics Canada (StatCan) data shows fewer job vacancies in March than last...

STOREYSMay 28

3 Takeaways From The Housing Development Office’s First Annual Report

The first-ever annual report from Toronto’s Housing Development Office passed through City Council last week, offering one of the clearest looks yet at how the municipality is establishing itself as...

STOREYSMay 28

Mosque And 38-Storey Tower Proposed Near Surrey's King George Station

High-rise proposals are not uncommon in Surrey, but a new rezoning application submitted recently includes an element that is more unique: a new mosque.The subject site of the proposal is 13508,...

Better DwellingMay 27

Toronto New Home Prices Jump As Builders Absorb HST Rebate

Greater Toronto real estate printed stronger numbers across the board last month. BildGTA and Altus Group data shows new home prices climbed in April, with stronger sales and less inventory. Has the...

Financial PostMay 27

HST rebate fails to thaw Toronto's frozen condo market

Number of new homes sold last month tripled, but few of them were condos

STOREYSMay 27

TD Introduces Agentic AI To Mortgage And HELOC Application Reviews

This month, TD Bank (TSX: TD) announced that it had reached a major milestone in the bank’s “enterprise-wide AI strategy” with the launch of its first agentic AI model, which will streamline the...

STOREYSMay 27

Cromwell Proposes 75-Storey Rental Amid Yonge And Isabella High-Rise Boom

There are certain pockets of Toronto that seem to demand developers’ attention, and the Yonge and Isabella area in the heart of Church-Wellesley Village is one of them. In the section bound by Bloor,...

STOREYSMay 27

Ontario's HST Rebate Is Moving (Half) The Market: BILD

The HST rebate program is doing something in the low-rise market. In the high-rise sector, the jury's still out.New data released today by the Building Industry and Land Development Association...

Better DwellingMay 26

Canada’s Active Business Count Falls To A 28-Month Low

Canada just saw one of its biggest months on record for new businesses, but just as many shut down. Statistics Canada (StatCan) data shows the number of active businesses fell in February, with the...

STOREYSMay 26

GWL Realty Lists 23-Acre Westbank Hub North Shopping Centre In West Kelowna

Westbank Hub North, one of the largest open-air shopping centres in West Kelowna, was officially listed for sale last week, according to a sales brochure.The shopping centre is located at 2115-2170...

Better DwellingMay 25

Canadian Building Investment Falls Despite Public Incentives

Canadian building investment is falling despite a wave of public incentives aimed at boosting construction. Statistics Canada (StatCan) data shows building investment fell sharply in March. Now at a...

Financial PostMay 22

The mortgage tip your lender hopes you ignore

Robert McLister: The best rate isn’t necessarily the lowest borrowing cost, and the lowest number on a screen isn't always the lowest figure a lender will quote

Financial PostMay 21

The two things still tilted in borrowers' favour

Robert McLister: If the war dragging on doesn’t inspire confidence in your inflation outlook and you want to lock in your mortgage rate, the news isn’t so bad

BOC

Bank of Canada joins BIS Project Agorá to test improvements in wholesale cross-border payments

The Bank of Canada announced today it is joining the Bank for International Settlements’ Project Agorá, an initiative exploring how tokenization could improve wholesale cross-border payments.

BOC

Bank of Canada Museum honours two Canadian educators for innovation in the classroom

Ethan McDonagh and Andrew Leong have won the Bank of Canada Museum’s 2026 Award for Excellence in Teaching Economics.

BOC

Bank of Canada Museum marks 50th anniversary of the Montréal Olympics with an exhibition on Canada’s historic Olympic Coin Program

Step back into the excitement and pride of Canada’s first Olympic Games as the Bank of Canada Museum opens Montréal 1976: The legacy of the Olympic coins.

BOC

Bank of Canada maintains policy rate at 2¼%

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

BOC

Bank of Canada announces the appointment of two Deputy Governors

The Board of Directors of the Bank of Canada today announced the appointment of Marc-André Gosselin and Nicolas Vincent as Deputy Governors, effective May 25 and August 3, 2026, respectively.

BOC

Changes to Bank of Canada Governing Council

The Bank of Canada announced today the departure of Deputy Governor Rhys Mendes on April 10, and the retirement of Deputy Governor Sharon Kozicki on July 15.

BOC

Bank of Canada maintains policy rate at 2¼%

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

BOC

Bank of Canada, Export Development Canada, RBC and TD successfully complete bond issuance experiment using distributed ledger technology

The Bank of Canada (BoC), RBC Capital Markets, RBC Investor Services, TD Bank Group (TD), and Export Development Canada (EDC) successfully completed Project Samara, a collaborative initiative to...

BOC

Bank of Canada maintains policy rate at 2¼%

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

BOC

Bank of Canada maintains policy rate at 2¼%

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

Aggregated from Bank of Canada, BNN Bloomberg, Financial Post, Better Dwelling, Storeys, Canadian Mortgage Trends, REM & CBC Business