Toronto CREW, a networking group for women in commercial real estate, has revealed its Board of Directors for 2025–2026. The announcement brings in four new members: Jennifer Kosloski as President‑Elect, Marta Stach as Treasurer, Adriana Fritsch as Director of Programs & Professional Development, and Vincci Wilson as Director of Mentorship & Real Jobs Day. These additions join returning board members in shaping the chapter’s leadership for the year ahead.

Carttera, a real estate developer and investment manager, has purchased the 1266 Queen Street West project in Toronto for $27.9 million. The site was previously owned by DKI Queen Inc., and Carttera closed the deal on June 6, 2025, with Colliers’ Jeremiah Shamess serving as the broker.

Canadians are leaving the country in large numbers, and many are saying goodbye for good. In the first quarter of 2025, about 27,100 people permanently left Canada—marking the second-highest first-quarter outflow ever recorded, just behind 2017. This steady climb in departures has been building for years, and for many, it’s becoming a clear sign of dissatisfaction at home.

The latest Forest Hill mansion on the market has captured attention with its jaw-dropping price tag of $17 million and a score of luxe features. Known for its prime location and top-tier touches, this home stands out even in one of Toronto’s most prestigious neighbourhoods.

Toronto’s condo market is sounding alarm bells. By mid-June 2025, condo units made up nearly 60 percent of all homes for sale in the City of Toronto. Of 11,705 active listings in May, around 6,855 were condo units. That’s a striking number that shows just how much of the city’s housing supply is now tied up in condominiums.

In Western Canada’s mountain towns, wellness tourism is booming faster than ever—and Basecamp Resorts has found a way to ride the wave. The company just launched the Wildwood Investment Fund, giving Canadians a chance to invest in its new chain of Nordic spas under the name Everwild. The timing couldn’t be better: demand for immersive, nature-connected spa experiences far exceeds what’s available today.

Canadian rental prices have dipped in the first quarter of 2025, easing by about 1.9 percent compared to the previous quarter. That brought the average asking rent for a one-bedroom apartment in major cities down to roughly $1,555 per month. While any drop is welcome, it’s worth noting this is just a small correction after years of sharp increases.

Canada’s appeal as a magnet for millionaires is slipping fast. A new report shows that while global millionaire relocations are rising sharply—up 10% in 2025—Canada’s net inflow is expected to fall roughly 69%, with only about 1,000 high-net-worth individuals choosing to move there this year. That decline is the steepest drop on record, reversing a decade of steady growth.

In May, the Toronto Regional Real Estate Board reported 6,244 homes sold across the Greater Toronto Area. That number marks a 13.3 per cent drop compared to May of last year. Even with fewer sales, home-buyers are finding more room to negotiate as more houses sit on the market.

Toronto’s housing market is facing a sharp shift. Active listings in the Greater Toronto Area have climbed to over 30,000 units—the highest level on record. Sellers are finding it harder to draw interest at traditional price points, and many listings linger unsold as buyer activity cools.

Toronto is at a turning point after city council backed allowing six-unit buildings, called sixplexes, in only parts of the city rather than across the whole area. This scaled-back decision means large parts of Toronto remain under single-home zoning while the Housing Accelerator Fund milestone for city-wide sixplex zoning remains unmet, risking vital federal housing money. If the city fails to fully approve sixplexes by the end of June 2025, Toronto could lose about 25 percent of its annual federal funding—roughly $30 million.

Lucy Maloney began serving on Vancouver City Council in mid‑April 2025, after winning nearly 34,000 votes in a by‑election to fill a seat recently vacated by Christine Boyle. A lifelong renter and housing advocate, Maloney ran as OneCity Vancouver’s candidate and quickly made housing her top focus as a new councillor.

A real estate agent in British Columbia has agreed to pay a total of $55,000 in penalties after admitting to professional misconduct. The decision resolves a consent order issued by the B.C. Financial Services Authority. Although she has no previous disciplinary history, the regulator found serious breaches in how she managed her personal real estate corporation.

Artificial intelligence is already changing how Canadians buy homes, and experts say it’s only going to grow. From getting a mortgage to finding the right house, AI tools are speeding things up and making the process easier—or at least different. While many welcome the changes, others warn that not all effects will be positive. Like with any new technology, there’s a mix of convenience, confusion, and concern.

Summer is the season when backyards become the center of everything—grilling, gardening, relaxing, and tackling outdoor projects. If you spent time maintaining your yard, fixing up your patio, or growing a vegetable garden, chances are you leaned on a few reliable tools to get the job done. While some gear collects dust in the shed, others prove themselves again and again during hot days and long weekends. These are the tools that make summer projects easier, faster, and even more enjoyable.

The City of Vancouver has received a request to change zoning rules for a new hotel planned at 1580 West 3rd Avenue, just a short walk from Granville Island. If approved, it would be Vancouver’s first hotel built mainly with mass timber—the engineered wood that’s strong and light. It would also be the tallest such hotel in North America, standing 18 storeys tall and about 175 feet high.

If you recently moved into a Toronto apartment, odds are you were offered something extra to sign the lease. In the first quarter of 2025, about 63 percent of buildings in the Greater Toronto–Hamilton Area offered incentives—double the share from the same time in 2024. These perks include one or two months of free rent, gift cards for furniture stores, free car washes, and even straight cash. The aim is simple: fill empty units when demand is weak.

Canadian home prices rose nearly seven times faster than incomes over the past four decades, creating a deep affordability gap that affects millions. From 1981 to 2024, real home prices climbed by roughly 163.5%, while median real wages for full-time workers grew just 24% over the same period—a gain of barely half a percent annually. This stark imbalance means housing costs vastly outpace earnings, especially for younger Canadians trying to enter the market.

Canadian home values dropped again in May, falling 0.2 per cent nationwide. That meant a typical home cost about C$690,900—its lowest level since May 2021, exactly four years ago. This ongoing slide marks the sixth straight monthly fall for the national price benchmark.

Landlords in Toronto and the surrounding region have notably increased the perks they offer to potential tenants, all in an effort to fill empty units faster. With a surge of new condos hitting the market and asking rents slipping, many property owners are turning to creative incentives instead of cutting rent directly.

Many homeowners in Canada are bracing for a rise in mortgage payments when their current terms come up for renewal, and many plan to tighten their spending to cope. A recent survey found that 45 per cent of homeowners expecting a renewal in the coming year anticipate their payments will increase, with nearly three-quarters of them saying they will need to cut back on expenses to manage the higher cost.

Canadian renters are seeing costs creep up again after a short-lived pause. Average asking rents across Canada are now increasing, ending a brief period of decline. While rates had eased slightly in June, rising year-over-year prices suggest that rental costs are rebounding faster than expected.

Toronto’s housing market has finally tumbled—and that might sound alarming. Home prices here have dropped nearly 30 percent from their 2022 peak, and are about 5 percent lower than a year ago. On the surface, lower prices spell better chances for regular Toronto families to buy a home. But the slump has deeper implications: it puts builders, jobs, and city revenues at risk—especially if nothing changes in how we build.

Vancouver developer Bonnis Properties has submitted a rezoning proposal to the City for a site at 602–644 Kingsway and 603–617 East 16th Avenue, near the Fraser Street intersection and southeast of Robson Park. Today, the area hosts small commercial buildings and surface parking lots built between 1912 and 1937—none of which are protected heritage structures, meaning they could be replaced if the project is approved.

The 2025 BILD Awards took place on May 29 in Vaughan, celebrating excellence in home building, design, marketing, sales, and people in the Greater Toronto Area. Over 700 entries were judged by a panel of 51 North American experts across 50 award categories, including architecture, innovation, and community building.