{"id":619816,"date":"2026-04-21T23:18:22","date_gmt":"2026-04-21T23:18:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/619816\/"},"modified":"2026-04-21T23:18:22","modified_gmt":"2026-04-21T23:18:22","slug":"spring-real-estate-toronto-condo-market-federal-budget-update-northstar-valuation-vacation-planning-and-more","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/619816\/","title":{"rendered":"Spring real estate, Toronto condo market, federal budget update, NorthStar valuation, vacation planning and more"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/04\/a2eb6727963470dbc1f6e6c7d8ee97e8.jpeg\" alt=\"spring housing shantae\" loading=\"eager\" height=\"720\" width=\"960\" class=\"yf-lglytj  loaded\"\/> Canada&#8217;s spring housing market is typically the busiest time of the year for the real estate sector, but homebuyers have so far been reluctant to jump in. (Credit: Financial Post photo illustration\/Getty Images)         <\/p>\n<p class=\"yf-1fy9kyt\">It\u2019s Tuesday, April 21. Here are the top stories we\u2019re following today.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/real-estate\/things-know-canada-spring-real-estate-market\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:From where the deals are to where prices dropped most, 5 key things to know about the spring real estate market;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;From where the deals are to where prices dropped most, 5 key things to know about the spring real estate market&quot;}\" class=\"link \">From where the deals are to where prices dropped most, 5 key things to know about the spring real estate market<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Spring is traditionally when Canada\u2019s housing market shifts into high gear. But this year it\u2019s idling, despite four consecutive years of price reductions nationally.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/real-estate\/things-know-canada-spring-real-estate-market\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" The CN Tower is seen past condominiums in Toronto, Ont.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  The CN Tower is seen past condominiums in Toronto, Ont.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/real-estate\/toronto-condo-market-hits-bottom-sales-fall\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Toronto\u2019s condo market \u2018hits bottom\u2019 with some developers looking at selling units below cost;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Toronto\u2019s condo market \u2018hits bottom\u2019 with some developers looking at selling units below cost&quot;}\" class=\"link \">Toronto\u2019s condo market \u2018hits bottom\u2019 with some developers looking at selling units below cost<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Canada\u2019s largest condominium market has \u201chit bottom\u201d as first-quarter sales for new projects in Toronto fell 52 per cent from a year ago to a 35-year low, according to an Urbanation Inc. report, and no projects were launched for the first time in three decades in the period.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/real-estate\/toronto-condo-market-hits-bottom-sales-fall\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" Prime Minister Mark Carney speaks to journalists in the House of Commons foyer before Question Period on Parliament Hill in Ottawa on March 10.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  Prime Minister Mark Carney speaks to journalists in the House of Commons foyer before Question Period on Parliament Hill in Ottawa on March 10.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/dont-expect-carneys-looming-spring-budget-update-to-reflect-the-financial-pain-canadians-are-feeling\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Don\u2019t expect Carney\u2019s looming spring budget update to reflect the financial pain Canadians are feeling;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Don\u2019t expect Carney\u2019s looming spring budget update to reflect the financial pain Canadians are feeling&quot;}\" class=\"link \">Don\u2019t expect Carney\u2019s looming spring budget update to reflect the financial pain Canadians are feeling<\/a><\/p>\n<p class=\"yf-1fy9kyt\">There\u2019s a scene in the 1988 comedy The Naked Gun where Leslie Nielsen\u2019s Lt. Frank Drebin waves his arms in front of a fireworks factory that has just exploded and calmly tells the horrified crowd, \u201cNothing to see here, please disperse.\u201d Kim Moody has often thought about that scene while watching Mark Carney\u2019s government handle the federal budget process.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/dont-expect-carneys-looming-spring-budget-update-to-reflect-the-financial-pain-canadians-are-feeling\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" Montreal-based satellite startup NorthStar Earth &amp; Space Inc. provides data and other services from its platform of space-based sensors.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  Montreal-based satellite startup NorthStar Earth &amp; Space Inc. provides data and other services from its platform of space-based sensors.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/technology\/canadian-satellite-startup-northstar-us300-million-valuation-spac-merger\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Canadian satellite startup NorthStar on track to hit US$300-million valuation after SPAC merger;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Canadian satellite startup NorthStar on track to hit US$300-million valuation after SPAC merger&quot;}\" class=\"link \">Canadian satellite startup NorthStar on track to hit US$300-million valuation after SPAC merger<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Montreal-based satellite startup NorthStar Earth &amp; Space Inc. says it intends to go public on the New York Stock Exchange by merging with special acquisition purpose company Viking Acquisition Corp. I as investor interest in the space sector grows.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/technology\/canadian-satellite-startup-northstar-us300-million-valuation-spac-merger\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" The Middle East conflict is having an immediate impact on airline pricing, especially for North American companies.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  The Middle East conflict is having an immediate impact on airline pricing, especially for North American companies.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/garry-marr-oil-prices-hit-vacation-plans\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Garry Marr: When it comes to summer vacation planning, we\u2019re all commodities traders now;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Garry Marr&quot;}\" class=\"link \">Garry Marr: When it comes to summer vacation planning, we\u2019re all commodities traders now<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Planning a cost-effective vacation this summer increasingly feels like betting on the commodities market, as oil prices rise and fall based on global geopolitical winds. Statistics Canada reported this week that airfares rose in March for the first time in two years, as the Iran war roiled oil prices.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/garry-marr-oil-prices-hit-vacation-plans\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Canada&#8217;s spring housing market is typically the busiest time of the year for the real estate sector, but&hellip;\n","protected":false},"author":2,"featured_media":619817,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194291],"tags":[49,48,232701,232698,232700,11196,232699,50,3302],"class_list":{"0":"post-619816","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-toronto","8":"tag-ca","9":"tag-canada","10":"tag-commodities-market","11":"tag-condominium-market","12":"tag-financial-post","13":"tag-housing-market","14":"tag-housing-market-shifts","15":"tag-statistics-canada","16":"tag-toronto"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/619816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=619816"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/619816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/619817"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=619816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=619816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=619816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}