B.C. development association cancels awards, citing ‘worst housing market in decades’
UBC expert says it’s ‘almost impossible’ to make money today on land bought around 2021 and 2022 Arden McLeod · CBC News · Posted: Jun 19, 2026 Two years ago, in one of its busiest showings, nearly 600 industry leaders gathered at the Hyatt Regency in Vancouver to celebrate the Urban Development Institute’s (UDI) 40th Awards of Excellence. This year, the event has been cancelled. “We’re in one of the worst housing markets in decades… There is little to celebrate...
read morePopulation decline puts Canada’s housing demand on a slow burn
StatCan data confirm a third straight quarterly decline, with more losses forecast through 2027 By Liezel Once, 17 Jun. 2026 Canada’s population contracted for the third consecutive quarter in early 2026, Statistics Canada reported Wednesday. That extends a historic demographic reversal that is reshaping the housing demand outlook and prompting fresh questions about where mortgage volumes are headed. The agency placed Canada’s population at 41,417,056 on April 1, down 55,025 people...
read moreCritics slam government plan to ‘bail out’ sagging condo sector in B.C.
Feds and B.C. government to use up to $3 billion to buy vacant condo units, turn them into affordable housing Katie DeRosa · CBC News · Posted: Jun 19, 2026 B.C. is facing a glut of empty condos. Thousands of Metro Vancouver units are sitting empty and some developers are facing insolvency. Now, some housing experts are questioning a plan by the federal and provincial governments to buy some of those vacant units and turn them into affordable housing. They say it amounts to a...
read moreWhy 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...
read moreWEEK OF JUNE 22, EVENTS WITH JILLIAN KATZENBACK
Events for the week of June 22, 2026 2026 FRPO Women in Rental Housing Luncheon – MAC Awards – ARLA Member Appreciation BBQ – ARLA Lawn Bowling Networking Event Show – 2026 Informa Buildings Show – CHBA Modular Construction Webinar – 2026 FRPO Charity Golf Classic – LPMA Golf – 2026 RHPNS Golf Tournament – 2026 Breast Ball Charity...
read moreRESCON: Land scarcity problem is strictly a myth
Ontario does not have a land scarcity problem. Rather, it has a serviced, approved and buildable land scarcity problem. Richard Lyall, Published Jun 12, 2026 American writer and humourist Mark Twain once said, “The trouble with the world is not that people know too little; it’s that they know so many things that just aren’t so.” That premise, it seems, can be applied to the thinking around land supply for housing. For years, a popular narrative has dominated Ontario’s housing debate: we are...
read moreEdmonton just achieved its highest-ever housing affordability ranking
Allison Stephen, Jun 11 2026 Edmonton is Canada’s most affordable major housing market and achieved the highest affordability ranking ever recorded for a non-U.S. market, according to the 2026 Demographia International Housing Affordability report. The report, published by the Frontier Centre for Public Policy, examined 96 major housing markets across eight countries using the median multiple measure, which compares median house prices with median household incomes. The report classifies...
read moreCanadian Building Permits Fall As Multi-Family Demand Plunges
Daniel Wong, June 11, 2026 Canada’s slowing economy may be shaking the confidence of builders. Statistics Canada (StatCan) data shows building permit values fell in April. A drop in multi-family permits fueled nearly the entire plunge for residential, with non-residential also slipping. Falling permits signal a slowdown in the sector ahead, providing another data point highlighting Canada’s slowdown. Canadian Building Permits Fell Sharply In April Seasonally adjusted building permit values...
read moreCanada 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...
read moreWEEK OF JUNE 15, EVENTS WITH JILLIAN KATZENBACK
Events for the week of June 15, 2026 2026 FRPO Women in Rental Housing Luncheon – RHPNS Webinar – NAIOP REX Awards Gala – ARLA Breakfast Meeting – ARLA BBQ – 2026 Buildings Show – The Brott Music Festival – Greenwin Cares Golf Classic – 2026 FRPO Charity Golf Classic – LPMA Golf – 2026 RHPNS Golf Tournament – 2026 Breast Ball Charity...
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