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Pine hits $1B mortgage milestone; to offer home search engine, faster home financing
Pine hits $1B mortgage mark; to offer home search engine
Digital mortgage lender Pine is taking another step toward creating a complete homebuying experience, launching a home search platform and streamlined pre-approvals and mortgages. The firm has also just crossed a major mortgages-under-administration milestone, surpassing $1 billion.
CABN shifts production, focuses on building envelopes
Toronto-based prefab homebuilder CABN has reworked its business model to sell only the building envelope, instead of finished homes, so the company can construct homes faster, at lower cost and more sustainably.
Mattamy founder to start prefab housing factory in Ontario
Real estate developer and Mattamy Homes founder Peter Gilgan plans to start a home-building factory in the Toronto area, the billionaire’s second attempt to create a prefabricated homes business as the federal government looks to boost construction of new homes.
Toronto recommends allowing sixplexes citywide
City of Toronto staff are recommending that multiplexes of up to six units and four storeys be allowed as-of-right in neighbourhoods across the city. If approved, sixplexes would only be allowed in detached homes..
Tarion suing StateView Homes to recoup millions
Ontario’s homebuyer protection agency Tarion is suing StateView Homes to recoup tens of millions of dollars it has paid to purchasers who lost deposits on homes that were never built.
OSFI eyes stress test replacement
Canada’s banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), is weighing a major overhaul to how borrowers qualify for mortgages, one that could have significant implications for banks, brokers and homebuyers alike.
Montreal home sales, prices rise in May
Home sales in the Montreal area rose again in May compared with the same month a year ago, as the city’s real estate board says both activity and price growth show no signs of tapering off.
Ottawa home prices jump 5% in May: OREB
Ottawa’s real estate market heated up in May, as home sales increased 15 per cent and the price of homes sold jumped nearly five per cent, according to the Ottawa Real Estate Board (OREB).
Toronto ranks among worst cities for housing costs: study
The 2025 Global Cities Index from Oxford Economics suggests Toronto is among the world’s worst cities when it comes to housing affordability — as experts blame decades of policy missteps, development delays and overwhelming population growth for the problem.
Muskoka business owner can't buy in her hometown
Melissa Johnson says her family’s future in Bracebridge, Ont. has never felt so out of reach. “Before the pandemic, housing was attainable,” she says. “Now you have to earn $100,000 to $150,000 just to purchase a home.”
Who is the typical first-time homebuyer in Canada
Nearly half (47 per cent) of first-time homebuyers who purchased their homes in the past 18 months were between 25 and 34 years old, according to the Canada Mortgage and Housing Corporation’s 2025 mortgage consumer survey.
Average asking rents fall year-over-year for 8th straight month
The national average asking rent in May was down 3.3 per cent from a year earlier at $2,129, marking the eighth consecutive month of year-over-year decreases, according to a report from Rentals.ca and Urbanation.
Industry Events
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Montréal Real Estate Forum
Jun 17 2025
to Jun 18 2025
Palais des congrès de Montréal
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
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Montréal du Futur
Sep 24 2025
to Sep 29 2025
Montreal, QC
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Ottawa Real Estate Forum
Oct 09 2025
Rogers Centre, Ottawa
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