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257 storiesnewest firstlatest August 8, 2026page 4 of 13
A third body was found on Saturday in the Bronx apartment building that suffered an explosion and fire earlier in the week, raising the death toll to three. Authorities continue to investigate the cause while securing the site and assisting affected families.
The New York City Council will hold an oversight hearing on the pied‑à‑terre tax for luxury secondary homes, reviewing its rollout, exemption applications, and revenue goals. The session will involve city officials and homeowners to assess the tax’s effectiveness and implementation.
A small island between Montreal and Laval has been listed for $50,000 by Sacha De Santis, with the online posting attracting notable public interest.
Montreal filed an injunction on August 6, 2026, to gain court permission to inspect a lawyer’s building alleged to contain illegal, windowless and unsanitary apartments, reflecting the city’s heightened focus on substandard rentals.
Montreal home sales dropped 10% year‑over‑year in July 2026, while prices rose across all property types, marking an adjustment phase in the market. The Quebec real estate board says the trend reflects shifting buyer behavior amid sustained demand.
The City of Wildwood announced that the Back Bay waterfront project is entering a new phase that will add mixed‑use housing, retail space and public amenities. The development aims to revitalize the area and support the local economy.
A Cape May Point single‑family home sold for $2.9 million, the highest price in Cape May County for the week of July 27‑August 2, indicating strong local market activity.
Residents of Mercier–Hochelaga-Maisonneuve have gathered more than 100 signatures to oppose a planned apartment building for former inmates on Notre‑Dame Street East. The petition reflects local concerns and has been forwarded to city officials.
The NYC Council will hold an oversight hearing on the newly introduced luxury second‑home tax, examining its rollout and the large number of exemption requests. The review aims to assess the tax's revenue impact and fairness to homeowners.
CSU Los Angeles reports many dormitory beds are empty despite a 2025 plan calling for 500 more beds, highlighting a mismatch between projected housing needs and current utilization.
A federal judge in Los Angeles blocked the Trump administration’s plan to divert homelessness funds from housing‑first programs, keeping current funding allocations in place amid a wider debate over federal aid usage.
A small island between Montreal and Laval has been listed for $50,000 by Sacha De Santis on August 7, 2026, offering a rare and affordable waterfront property in the region.
July 2026 saw 5,995 homes sold in the Greater Toronto Area, a 0.9% year‑over‑year decline but a 3.2% rise from June, while average prices fell.
James Hughes, CEO of Montreal’s Old Brewery Mission, announced his candidacy for the Quebec Liberal Party in the upcoming provincial election, bringing his emergency‑shelter experience into the political sphere.
Montreal home sales fell 10% in July 2026, yet prices rose for all property types, according to the Quebec real‑estate board, indicating a market adjustment phase.
New York City has introduced a tax on high‑value secondary homes, and state officials will monitor owners for possible tax‑avoidance fraud to ensure residents pay appropriate local and state taxes.
Mayor Zohran Mamdani has launched a citywide survey to collect data on renters' experiences with rising heating and air‑conditioning bills, aiming to inform policies that improve utility affordability.
PropertyShark data show Bronx foreclosure filings nearly doubled in 2025‑2026, contrasting with a citywide decline and reflecting growing economic pressures on local homeowners.
Montreal home sales dropped 10 percent in July 2026 while prices rose across all property types, a shift the Quebec Real Estate Board attributes to an adjustment phase in the market.
A cooking fire in a Toronto apartment on August 4, 2026 killed one resident. Fire crews and paramedics arrived quickly, extinguished the blaze, and pronounced the victim dead at the scene.
