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Canadian Rental Housing Vacancy Rate at 3.1%

Canadian Rental Housing Vacancy Rate at 3.1%

by Phil Hall | Dec 12, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Rental housing vacancy rates across major Canadian cities increased during 2025 to 3.1%, up from 2.2% in 2024 and above the national 10-year average. According to data from the Canada Mortgage and Housing Corporation’s (CMHC) 2025 Rental Market Report, the rise...
Sutton Group Acquires Real Estate Tech Firm Homicity

Sutton Group Acquires Real Estate Tech Firm Homicity

by Phil Hall | Nov 26, 2025 | International Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Sutton Group, a Canadian-owned real estate brand, is acquiring Homicity Inc., an Ottawa-based real estate technology company. The financial aspects of the deal were not disclosed. As part of the acquisition, Jamie Blades, founder and CEO of Homicity, will join Sutton...
Report: Fewer Canadians View Renting as a Stepping Stone to Homeownership

Report: Fewer Canadians View Renting as a Stepping Stone to Homeownership

by Phil Hall | Nov 20, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Fewer Canadians are viewing rental housing as their stepping stone to future homeownership, according to the newly published study “The Rent Cheque: Q3 2025 Rental Intelligence Report” by SingleKey, a rental risk intelligence platform. The new report found the found...
Canadian Home Sales Up, Prices Down in October

Canadian Home Sales Up, Prices Down in October

by Phil Hall | Nov 17, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The number of home sales recorded over Canadian MLS Systems were up by 0.9% on a month-over-month basis during October, marking six monthly gains in the last seven months. According to data from the Canadian Real Estate Association (CREA), actual (not seasonally...
Bloom Finance Company Debuts Reverse Mortgage with Lifetime Fixed Interest Rate

Bloom Finance Company Debuts Reverse Mortgage with Lifetime Fixed Interest Rate

by Phil Hall | Nov 10, 2025 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Toronto-headquartered Bloom Finance Company Ltd. has rolled out SafeRate, which is being promoted as Canada’s first reverse mortgage with a lifetime fixed interest rate. According to the company, the new product is designed to protect seniors by eliminating...
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