FIRST READING: Just as predicted, immigration cuts keep yielding lower rents
The Liberals started cutting immigration 24 months ago, and rents have been dropping ever since Author of the article: By Tristin Hopper, Published Oct 09, 2026 Canadian rental prices have almost entirely snapped back from the meteoric highs they hit in the immediate wake of the COVID-19 pandemic, and one of the main reasons is that Ottawa is no longer importing record numbers of migrants each year. Newly released figures from Rentals.ca show that the average Canadian asking rent dropped to...
read moreRetailers face tougher search for space as construction drops to 10-year low: JLL
Tara Deschamps, The Canadian Press, published Oct. 2, 2026. TORONTO — Store owners might be having a harder time finding rental property as the amount of retail space under construction in major Canadian markets dropped to its lowest level in a decade. Commercial real estate firm JLL says retail construction starts amounted to 1.5 million square feet in the first half of this year. That was down from 2.7 million square feet a year prior and 5.3 million square feet in the first half of 2016....
read moreDespite Montreal’s shortage of rental housing, developers struggle to fill units in new buildings
High vacancy rates raise questions about whether the right housing is being built and whether it’s too expensive. By Leora Schertzer, Last Updated: September 23, 2026 Competition in Montreal’s rental market has tightened over the last decade, yet many apartments in new buildings sit empty. According to a survey from the Canada Mortgage and Housing Corp., the vacancy rate in 2025 for rental units in new builds (constructed between 2022 and 2025) across Montreal was 8.4 per cent. That was...
read moreCondo correction spreads as Canada’s summer housing market sputters
Trade tensions and a widening condo slide pushed national home values lower in August By Liezel Once, 18 Sep. 2026 Canada’s national home values fell 3% year over year in August, according to the RPS-Wahi House Price Index. Deepening condo correction extended well beyond southern Ontario and British Columbia into Alberta and other markets and renewed trade tensions kept a lid on homebuyer confidence across the country. The index, produced by Real Property Solutions (RPS) and presented by...
read moreSlowing home construction threatens recent affordability gains: CMHC
Ottawa, September 10, 2026 Recent gains in housing affordability in Canada are at risk as new home construction slows, especially in the homeownership market, according to Canada Mortgage and Housing Corporation’s (CMHC) latest Housing Supply Report. New estimates show that Canada’s housing starts need to rise to between 417,000 and 469,000 annually to restore affordability to pre-pandemic levels by 2036, leaving the country’s housing supply gap broadly unchanged from 2025. Since...
read moreToronto’s condo market takes yet another plunge
Prices and sales slide again as the condo crisis continues By Fergal McAlinden, 03 Sep. 2026 Sales and prices are on the way down again in Toronto’s condo market, with new Toronto Regional Real Estate Board (TRREB) data showing the sector’s downturn is dragging on. The number of condos sold last month fell by 2.6% across the Greater Toronto Area (GTA), tumbling to 1,330 as both the city centre and wider 905 region posted declines. Prices, meanwhile, slipped by 3.6%, spurred by a big drop...
read moreSingle-family homes, not condos are ‘prime beneficiary’ of HST rebate
Rachelle Younglai, Real Estate Reporter, Published August 27, 2026 Sales of new single-family homes in the Toronto region in July reached the highest level in five years, with buyers taking advantage of the 13-per-cent HST rebate. The tax break has been in effect for four months and houses and townhouses have been the main draw, not newly built condos as the Ontario and federal governments had intended. The two levels of government implemented the temporary policy to help developers get rid of...
read moreCanada’s foreign homebuyer ban may have missed the mark, economist says
By Archie Niari, Journalist, CTVNews.ca, Updated: August 21, 2026 Canada’s effort to make housing more affordable by keeping most foreign buyers out of the market may have failed to address the problem it was designed to solve. The federal ban, introduced more than three years ago, is set to expire Jan. 1, and Ottawa has yet to say whether it will be extended. But Mike Moffatt, economist and founding director of the Missing Middle Initiative at the University of Ottawa, said there is little...
read moreWhat BoC rate hikes would mean for Canada’s housing market
With 2027 rate increases potentially on the horizon, more turbulence could be on the way for Canadian housing By Fergal McAlinden, 13 Aug. 2026 Fears of an upsurge in Canadian inflation have soared in 2026, with the onset of the US-Iran war at the end of February spiking oil prices and raising the prospect of a spillover into other consumer costs. In turn, that’s seen financial markets increasingly consider the possibility of interest rate hikes by the Bank of Canada in the months ahead, a...
read moreTELUS Living opens second B.C. rental community in Nanaimo
Real estate arm of telecom has over 40 projects in its pipeline, aims to build 10,000 homes Evan Duggan Business Writer, Aug. 4 2026 TELUS Living, a development branch of the telecom company aimed at converting many of its unneeded network sites into housing, has opened its second purpose-built rental community in B.C. Located at 235 Wallace St. in downtown Nanaimo, the six-level building has 195 rental homes. The Nanaimo development is part of TELUS’ long-term strategy to repurpose...
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