Real Estate News

1) The 5 Most Expensive Calgary Developments Completed In 2022 2) Bank of Canada releases details on interest rate decision for the first time 3) More than one third of Toronto’s condos are owned by investors, new StatCan report finds 4) Ontario Welcomes $33.4 Million Investment in Mississauga Manufacturing 5) Construction costs not falling anytime soon: GTA panel

1) Calgary downtown vacancies drop to 27% 2) New Toronto development points to a shift in land and consumer car use 3) Calgary's rental vacancy rate dropped to 2.7% in 2022 — the lowest since 2014 4) City has $109M for field house but needs cash from other governments 5) Breathtaking new Toronto waterfront district will be an architectural wonderland

1) IWG pushes growth, to open 9 new Canadian flex work offices 2) Bank of Canada raises key interest rate again, signals pause in rate hikes 3) Calgary's housing market will ward off cooling trend in 2023: CREB forecast 4) Calgary's ongoing downtown revitalization efforts to receive a $5M funding boost from the province 5) City approves land use for $1.2B bioethanol plant on outskirts of Calgary

1) Population growth keeps Calgary housing market on the boil 2) Minister Vandal announces federal investment to create jobs and grow businesses in Calgary 3) RLB reports positive growth for GTA construction in 2022 4) Summit Nanotech lands $67M in funding, accelerating growth in Calgary's flourishing cleantech sector 5) What to expect from Bank of Canada's next interest rate announcement

1) Infuriating graphic shows how much Toronto's real estate market has changed in 10 years 2) Strong economy will drive Calgary housing market to new sales heights 3) Five massive towers to completely transform midtown Toronto's busiest corner 4) These Ontario cities offer the lowest housing fees in the province: report 5) The University of Calgary just opened a new building & here's what it looks like

1) Calgary posts record real estate sales and price increases in 2022 2) Canada welcomes historic number of newcomers in 2022 3) The Well blends redevelopment with a historic community in Toronto’s west end 4) Canadian Real Estate Bubble May Crash Until 2025 As Indicator Flashes Warning 5) Tory calls for nearly $2B investment in Toronto housing, maintaining 'nuts-and-bolts' services in 2023

1) Canada's housing affordability crisis is worse than ever 2) Inflation rate falls slightly in November even as grocery, shelter costs rise rapidly 3) Waterfront Toronto Finalizes Quayside Agreement with Dream Unlimited and Great Gulf 4) Alberta sees largest population increase ever: StatsCan data 5) The latest on the winter storm heading for Toronto and the GTA ahead of major holiday travel days

1) Average rents in Canada soar above $2K for first time ever, new data suggests 2) Calgary rental prices jump 22% year-over year, among top hikes in Canada 3) A lesson in city design from Toronto: less digital, more common good 4) Universal Music Canada hits the right note in Liberty Village’s expanding arts hub 5) Work Transforming Lower Don Lands as Redevelopment Continues

1) Canadian employment up by 10,000 jobs in November 2022: Labour Force Survey 2) Changes to Public Realm Proposed as Part of Ontario Place Redevelopment Plan 3) Calgary’s economic strength provides resilience for impending recession 4) Development partner chosen for new hotel at Stampede Park 5) Bank of Canada hikes key interest rate to 4.25%, signals pause could be near

1) Why Ontario buyers are scooping up investment properties in Calgary 2) Province submits development application with City of Toronto for reimagined Ontario Place 3) Canada commits $27 million to E3 Lithium, helping to launch production 4) In The News for Nov. 29: How much did Canada’s economy grow in September? 5) What to expect from the upcoming Bank of Canada interest rate announcement?

1) Posthaste: More signs of the beginning of the end of Canada's housing correction 2) Toronto will get a brand-new soccer stadium and training centre for 2026 FIFA World Cup 3) Massive development to be built into a new Ontario Line station in Toronto 4) Average cost of renting a two-bedroom in Toronto soars by 24% to more than $3,300 5) The Latest in Mortgage News: Recent hikes are “painful” for variable-rate mortgage borrowers, says BoC

1) SkyTower in downtown Toronto could, if approved, become tallest building in Canada 2) UrbanToronto Pro September Report Shows Applications Blasting Off as Sales Fizzle 3) Concern over ‘vertical sprawl’ after province nixes Hamilton’s 30-storey height limit 4) House prices are dropping and real estate investing is looking more attractive — here’s how to do it right and make money long term 5) $150 million set to head Hamilton's way for inner city development