Category: Market Pulse
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Ontario regulator shuts down iPro Realty after finding $10-million shortfall in trust accounts
iPro Realty is shutting down, impacting over 2,400 agents and clients in Ontario, as discussed in The Globe and Mail. Read more
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Edmonton City Centre Complex Under Receivership Over $140M Debt
City Centre Mall in downtown Edmonton is in receivership due to a $140M+ loan, indicating potential sale or redevelopment. Read more
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Canadian housing slowdown alert
June 2024 home sales decreased in GTA, Vancouver, and Calgary, presenting buyers with opportunities amid rising listings and softer prices. Read more
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Condo chaos in Toronto & Vancouver!
Condo sales plummet in Toronto and Vancouver, with significant unit cancellations, signaling a prolonged buyer’s market in Canada. Read more
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Canada’s manufacturing just saw its biggest drop since 2022
Canada’s manufacturing faced significant declines in April due to U.S. tariffs, particularly in petroleum, motor vehicles, and primary metals. Read more
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GTA Home Sales Plunge 13.3%—What Buyers & Sellers Need to Know Now
GTA home sales fell 13.3% in May 2025, indicating a market shift where buyers negotiate and sellers rethink strategies. Read more
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RENT PRICES DROPPING NATIONWIDE!
Average asking rents in Canada decreased for eight months, reaching $2,129 in May, attributed to increased supply and economic uncertainty. Read more
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Mortgage Delinquencies on the Rise!
RBC notes rising mortgage delinquencies in the GTA as interest rates strain homeowners, highlighting the need for mortgage options. Read more