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Over 2,100 Quebec households still looking for housing as July 1 approaches

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Over 2,100 Quebec households still looking for housing as July 1 approaches

By Caroline Plante, The Canadian Press and News Staff Last Updated June 28, 2026 With less than a week to go before July 1, 2,153 households were actively being assisted by a housing search service in Quebec, the Front d’action populaire en réaménagement urbain (FRAPRU) reported Thursday—more than at the same time last year. For Véronique Laflamme, spokesperson for FRAPRU, this situation is concerning, especially as housing vacancy rates have risen in several areas. “Housing units are being...

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Why this developer thinks we need even more rental housing

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Why this developer thinks we need even more rental housing

Hazelview Investments’ Ugo Bizzarri has seen it all over his 30-year career in Canadian real estate. Here’s where he thinks the rental market is heading next By Garry Marr, Published Jun 15, 2026 A lifetime achievement award might be a signal to slow down, but Ugo Bizzarri doesn’t sound like he’s quite ready to retire just yet. Recognized with the Rental Housing Canada Lifetime Achievement award this month, the long-time developer recently handed over the daily reins at Hazelview...

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Canada rental market affordability splits along income lines, says CMHC

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Canada rental market affordability splits along income lines, says CMHC

Mid-year update shows relief concentrating in high-end units, while lower-priced segments remain locked tight By Jhoanna Hines,10 Jun. 2026 New data on Canada rental market affordability shows a two-speed story. Increased supply and slower demand growth are easing conditions in the country’s largest cities. But the shift is being driven largely by higher-priced units sitting vacant longer, while lower-rent segments remain tight. That is the central finding of Canada Mortgage and Housing...

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Ontario and Canada launch $8.8 billion development charge reduction program to boost housing supply

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Ontario and Canada launch $8.8 billion development charge reduction program to boost housing supply

June 4, 2026 The Ontario and federal governments have opened applications for a new multi-billion-dollar program aimed at lowering the cost of building homes and accelerating housing development across municipalities. The Development Charge Reduction Program (DCRP), announced by the Ministry of Municipal Affairs and Housing, is part of an up to $8.8 billion joint federal-provincial funding initiative designed to support housing-enabling infrastructure over a 10-year period. Under the program,...

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Regulatory Issues Hold Back Canadian Housing Starts

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Regulatory Issues Hold Back Canadian Housing Starts

By: Monte Stewart, May 29, 2026 Regulatory barriers and structural factors have constrained Canada’s housing-supply responsiveness for almost two decades, according to new analysis from the Canada Mortgage and Housing Corporation. As result, housing starts have not kept pace with demand, and the roadblocks have contributed to higher home prices, CMHC Chief Economist Mathieu Laberge wrote in the report. CMHC found that if Canada’s housing industry had been as responsive as the U.S. housing...

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Townhomes in demand among investors as market shifts

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Townhomes in demand among investors as market shifts

Small supply, stable tenancies underpin investor interest Peter Mitham, May 22, 2026 With observers forecasting a shift in housing demand to units suitable for couples and families as federal immigration caps bite, multi-family investors are showing fresh appetite for townhouse properties in addition to apartment complexes. One of the latest examples is a collection of 536 units in Edmonton held by Boardwalk REIT that commercial brokerage Avison Young (Canada) Inc. brought to market earlier...

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Real estate firm plans to turn $500M worth of Toronto condo stock into rentals

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Real estate firm plans to turn $500M worth of Toronto condo stock into rentals

Montreal-based Jesta Group looking to acquire more than 1,000 condo units Alina Snisarenko · CBC News · Posted: May 14, 2026 A Montreal-based private equity firm says it’s planning to buy $500 million worth of unsold condo units and turn them into rentals in a bid to “stabilize” the housing market. Jesta Group, a family-owned global real estate firm, announced its entry into the Toronto housing market on Tuesday when it acquired a “bulk condominium portfolio” valued at $30 million located near...

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Cutsey to Succeed Kenney as CEO of CAPREIT

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Cutsey to Succeed Kenney as CEO of CAPREIT

By: Monte Stewart,  May 8, 2026 Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has announced that president and CEO Mark Kenney will retire on July 2 and be succeeded by Brad Cutsey. Kenney will also resign from the board, with Cutsey set to join it on the same date. “I have greatly enjoyed the nearly 30 years I have spent with CAPREIT,” said Kenney. “I would like to thank our board and management for their collaboration and partnership throughout my time as CEO. I know...

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Bank of Canada flags condo glut as new drag on growth

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Bank of Canada flags condo glut as new drag on growth

Central bank warned housing slump and tariffs threaten Canada’s fragile recovery By Liezel Once, 01 May 2026 The Bank of Canada held its policy rate at 2.25%, but its April Monetary Policy Report put housing and a buildup of small condos at the centre of a weaker growth story for the next two years. Against a backdrop of US tariffs, trade uncertainty and the war in the Middle East, the central bank said residential real estate has shifted from an engine of expansion to a brake on the wider...

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Commercial real estate market at turning point as vacancies drop: report

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Commercial real estate market at turning point as vacancies drop: report

Back to office momentum is chipping away at oversupply, Colliers says By: Sammy Hudes, The Canadian Press, April 20, 2026 Canada’s commercial real estate sector could be at a turning point after the national vacancy rates for both office and industrial properties simultaneously declined for the first time since 2020, a new analysis has found. The report from Colliers International said the national office vacancy rate was 13.6% in the first quarter of 2026, down one percentage point...

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