Canada's real estate market is facing significant challenges, with many Canadians struggling to find affordable housing. In response, former Vancouver Mayor Gregor Robertson has been appointed as the new Federal Housing Minister to address this pressing issue.
Real EstateHousing CrisisAffordable HousingGregor RobertsonCanadaReal EstateMay 13, 2025
The main challenge facing Canada’s real estate market is the significant rise in property prices, which has made it difficult for many Canadians, especially first-time buyers, to find affordable housing. This is particularly acute in major urban centers like Toronto and Vancouver.
Gregor Robertson is the former Mayor of Vancouver, known for his progressive policies and commitment to sustainability. He has been appointed as the new Federal Housing Minister to address Canada’s housing crisis.
Some measures that might be implemented include incentives for developers to build more affordable units, increased funding for social housing projects, and stricter regulations on speculative buying.
The issue of homelessness in Canada is significant, with an estimated 235,000 Canadians experiencing homelessness each year. The number of individuals living in precarious housing situations is even higher.
A collaborative approach is crucial in addressing the housing crisis because it requires the involvement of all levels of government, the private sector, and community organizations. Working together can help identify and implement effective solutions to increase the supply of affordable housing and support vulnerable populations.
CLI to double its current SGD 7.4 billion investment in India, exploring opportunities in renewable energy and real estate private credit.
Goisu Realty Private Limited, a subsidiary of Japanese real estate developer Sumitomo Realty & Development Company, has acquired a 8,054-square metre land parcel from The Bombay Dyeing and Manufacturing Company Limited in Mumbai's Worli area for ₹440 cror
Bengaluru-based listed real estate developer Puravankara announced that it had secured redevelopment rights for a housing society named Miami
India's sustainable real estate sector is reshaping urban landscapes amidst rapid urbanization, with green building space growing from 20,000 sq ft to an impressive 10.25 billion sq ft. This significant growth reflects the nation's commitment to environme
A senior railway official has confirmed that the acquisition of land for the Manmad-Indore railway project is progressing rapidly in Nashik. The project, aimed at enhancing connectivity and boosting economic development, is expected to cover a significant
The Trump Organization, renowned for its real estate ventures, is set to build its first commercial tower in Pune, India, responding to the growing demand for office space in the region.