Severe winter weather was blamed for a decline in home sales across Canada during January. According to data from the Canadian Real Estate Association (CREA), nationwide home sales were down 5.8% from December and down by 16.2% from January 2025. This occurred as the...
The seasonally adjusted annualized rate of Canadian housing starts declined by 15% in January to 238,049 units from a revised figure 280,668 units in December, according to data from the Canada Mortgage and Housing Corporation (CMHC). Actual housing starts were up 1%...
North Korea has opened a housing district in the capital of Pyongyang for the families of soldiers killed while fighting with Russian forces in Ukraine. According to combined media reports, Kim Jong-un was front and center at the opening, cutting a red ribbon and...
The real estate investment and development firm Leyad has acquired St. Vital Centre, the Winnipeg shopping center, for $160.5 million. St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. It attracts 8...
The real estate development and investment firm Colonnade BridgePort and the Fiera Real Estate CORE Fund have broken ground on Junction Central, a mixed-use residential community in Ottawa. The new project is located on a 4.9-acre site located next to Ottawa’s...
Elevated costs, weak demand, and a growing number of unsold homes will bedevil Canada’s homebuilders this year as new home construction will decline through 2028, according to the latest Housing Market Outlook released by Canada Mortgage and Housing Corporation...
Former Arizona Shopping Center Site to Become Affordable Housing Complex
