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Latest Stories
16th Apr 2025
Bank of Canada Pauses Rate Cuts Due to Tariff Uncertainty
The BoC is holding its key interest rate steady at 2.75%, citing uncertainty from U.S. trade policy shifts, which weakened consumption, residential investment, and business spending in Q1. Two scenarios are outlined: one with limited tariffs and stable inflation, and another with a prolonged trade war leading to recession and inflation exceeding 3%.
14th Apr 2025
Aquilini Group Is Bringing a New Hilton Hotel to Surrey
A new 189-suite Homewood Suites by Hilton is set to occupy the top nine floors of Surrey's City Centre 4 tower. It will be managed by the Aquilini Group—owners of the Vancouver Canucks. Located next to Surrey Memorial Hospital, the hotel will feature home-like accommodations, pet-friendly policies, and a 6,000-square-foot rooftop amenity space.
10th Apr 2025
Ottawa Homes Sales Remain 24% Below the 5-Year Average
In March 2025, Ottawa's housing market remained stable amid economic uncertainty. Home sales dipped 6.2% year-over-year, while active listings surged 60.3%, offering buyers more choices. Benchmark prices rose modestly, except for condos, which declined 4.3%. Lower interest rates are nudging cautious buyers back into the market.
10th Apr 2025
GTA Market Continues to Drop Amid Tariffs and Election
In March 2025, GTA home sales dropped 23.1% year-over-year, while new listings surged 28.6%, giving buyers more options. The average home price dipped 2.5% to $1.09 million. Lower borrowing costs improved affordability, but economic uncertainty and an upcoming federal election kept many buyers on the sidelines.
10th Apr 2025
Victoria Market Remains Stable and Balanced
In March 2025, Victoria's real estate market remained steady with 613 properties sold, a 4.3% increase from March 2024. Condo sales rose 14.1%, while single-family homes saw a 2.1% uptick. Inventory reached 3,023 listings, up 14.9% month-over-month. Benchmark prices increased by 3.6% to $1,335,300 in the Victoria core area.
10th Apr 2025
Maple Ridge is Launching a Concierge Service for Developers
Maple Ridge is launching B.C.'s first development concierge service to fast-track approvals for priority projects like affordable housing and industrial builds. The initiative aims to attract investment, boost housing supply, and streamline processes, positioning the city as a developer-friendly destination. The pilot will begin in September.
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The BoC is holding its key interest rate steady at 2.75%, citing uncertainty from U.S. trade policy shifts, which weakened consumption, residential investment, and business spending in Q1. Two scenarios are outlined: one with limited tariffs and stable inflation, and another with a prolonged trade war leading to recession and inflation exceeding 3%.
- Sponsored
A new 189-suite Homewood Suites by Hilton is set to occupy the top nine floors of Surrey's City Centre 4 tower. It will be managed by the Aquilini Group—owners of the Vancouver Canucks. Located next to Surrey Memorial Hospital, the hotel will feature home-like accommodations, pet-friendly policies, and a 6,000-square-foot rooftop amenity space.
- Sponsored
In March 2025, Ottawa's housing market remained stable amid economic uncertainty. Home sales dipped 6.2% year-over-year, while active listings surged 60.3%, offering buyers more choices. Benchmark prices rose modestly, except for condos, which declined 4.3%. Lower interest rates are nudging cautious buyers back into the market.
- Sponsored
A proposal for dual 49- and 53-storey towers in the Willowdale area of North York, near Sheppard-Yonge station, has been submitted. Designed by Sweeny &Co Architects for Streamliner Properties, the towers will be the tallest in the area, rising 165.25m and 177.3m atop a shared podium. The project will replace an office building.
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Fiera Real Estate has proposed redeveloping 125 The Queensway in Toronto's Humber Bay area into a high-density residential community. Designed by Turner Fleischer Architects, the plan features seven towers up to 50 storeys and a park across 3.45 hectares. The site is strategically near the future Park Lawn GO station.
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In March 2025, GTA home sales dropped 23.1% year-over-year, while new listings surged 28.6%, giving buyers more options. The average home price dipped 2.5% to $1.09 million. Lower borrowing costs improved affordability, but economic uncertainty and an upcoming federal election kept many buyers on the sidelines.
