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Why falling rents aren’t bringing relief to every tenant

Rents are coming down in many Canadian cities, but that doesn’t necessarily mean renters are finding it easier to make ends meet. A new report from rental risk intelligence company SingleKey argues that income growth — or the lack of it — is increasingly important to...

Q&A: Jean Lépine on what’s next for RECO

After nearly a year of unconventional governance at Ontario’s real estate regulator, the Real Estate Council of Ontario’s (RECO) is returning to a more familiar structure, but the changes underway are far from over. Jean Lépine was appointed by the provincial...

CMHC expects housing starts slowdown to continue toward year-end

Canada’s housing starts continued to trend lower in August, even as the monthly pace of new construction remained essentially unchanged. Canada Mortgage and Housing Corporation (CMHC) said the six-month trend in housing starts fell 1.3 per cent from July to 244,149...

What’s selling in Toronto’s condo market? Developers weigh in

(Exterior rendering of One Ten Avenue Road/Sierra).   Two Toronto condo developers selling into one of the toughest presale markets in decades say buyers are still showing up, but not for the same product, or at the same pace, that defined the city’s last condo...

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