AGP Executive Report
Last update: 5 hours agoHousing Pulse (Sarnia-Lambton): April home sales rose to 144 transactions worth $73.3M, up from March, but still fell about 16% from April 2025—realtors are watching May for a possible “break even” rebound, with an extended HST break on new builds expected to boost open-house traffic. Starts Watch (CMHC): Canada’s annual pace of housing starts climbed 17% in April to 279,317 units (from 239,747 in March), with year-to-date starts up 6% as B.C. and Ontario led. GTHA Multifamily Reality Check: Toronto condo sales remain weak and rents have softened, while developers push “end-user” appeal and design-led projects to restart leasing and sales. Industrial Moves (Toronto): GWL Realty Advisors bought a fully leased 333,368-sq-ft east Toronto distribution building at 2750 Morningside Ave. Energy & LNG: Caturus and partners reached a final investment decision for the $13B Commonwealth LNG project in Louisiana, and Canada/B.C. say they’re progressing Phase 2 toward a potential 2026 FID. Construction Jobs (Sask.): Bird Construction was selected for Bell AI Fabric’s 300 MW data centre in Sherwood, with early works starting this spring.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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