AGP Executive Report
Last update: an hour agoHousing Market Outlook: CMHC says home sales and prices are set to decline in 2026, with weaker activity tied to economic uncertainty, slower population growth and higher borrowing costs. Condo Reality Check: A Toronto condo market piece argues the model failed as investment products drifted from long-term home needs, with sales and launches sharply down. Senior Housing Moves: Prima Living plans to keep expanding after buying nine Chartwell retirement communities for $118M, and is evaluating more acquisitions and partnerships. Indigenous Housing Gap: The AFN puts the cost to close the Indigenous housing gap at $177B, while Six Nations questions federal focus on off-reserve housing and updates hospice planning. Local Development Watch: Parksville advances a public hearing for two four-storey apartment buildings (134 units) and Airdrie’s Minto breaks ground on Wildflower’s Hillside Hub with Airdrie’s first outdoor pool. Infrastructure & Trade: Canada cancels a joint Gordie Howe bridge ceremony with the U.S. after new U.S. tariffs, with the bridge still slated to open July 27. Industrial Real Estate: Skyline Industrial REIT fully leases a zero-carbon industrial park in Halifax.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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