Canada’s purpose-built rental market showed signs of renewed momentum in March 2025, reversing a multi-month downward trend with a modest monthly increase in asking rents. While year-over-year figures remain slightly negative, purpose-built units are demonstrating greater stability and long-term growth compared to their condominium rental counterparts. 

According to data from Rental.ca’s April...

On April 16, Ottawa City Council received an update on the implementation of the City’s Economic Development Strategy and Action Plan, alongside the second draft of a comprehensive new Zoning By‑law. The report addresses five key issues raised during last year’s consultations on the first draft, offering a range of options to refine parking requirements, building height limits, zone conversions, transition...

On April 15, 2025, the Canadian Real Estate Association (CREA) released its quarterly forecast for home sales and prices, updating its January outlook to reflect heightened economic and political risks. 

For 2025, the CREA now anticipates 482,673 residential transactions, a 0.02% decline from 2024, which is a sharp reversal from the 8.6% growth projected in the first quarter forecast in January....