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GTA luxury housing market stays robust despite headwinds

Tyler Choi Houses Buying and selling Toronto/GTA 1 day ago

The luxury housing market in the Toronto area shows signs of strength despite the overall downturn in housing activity and economic turmoil. Sales of these homes rose significantly in 2024 - 21 per cent higher than in 2023.

Landa acquires Granville St. townhome dev. site in Vancouver

New developments Transactions British Columbia 1 day ago

Developer Landa Global Properties has closed on the acquisition a 23,000-square-foot site at 7576 Granville St. in Metro Vancouver for approximately $10.6 million, where it will redevelop the former single-family lots into a collection of townhomes.

Bank of Canada lowers overnight rate 25 BPS to 2.75% amid trade war

Tyler Choi Government policy Government National Mar. 12 2025

UPDATED: The Bank of Canada has trimmed the nation’s overnight interest rate by 25 BPS to 2.75 per cent, offering an additional incentive for aspiring homebuyers during the busy spring season, while also emphasizing its anxiety over a trade war with the U.S.

 

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Lindvest's diversified housing hedges against uncertain economy

When you are developing as many homes as Toronto-based Lindvest, offering a diverse range of housing types tailored to individual markets is an essential element to success, says the company's director of housing operations Alessio Anile.

Tyler Choi Multiresidential Developers Toronto/GTA Jan. 30 2025

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RENXHOMES
RENXHomes • Renx Homes News Canada
 P.O. Box 1484, Stn. B
Ottawa, Ontario,
K1P 5P6
Canada: 1-855-569-6300
Ottawa: 613-569-6300
Email: thankyou@renxhomes.ca
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