Renx Homes News Canada (RENXHOMES)
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Commonplace looks to disrupt with high-end prefab homes

6 days ago

Commonplace looks to disrupt with high-end prefab homes

The panelized homes of Vancouver-based Commonplace are designed to be rapidly assembled and sustainable, while also being a luxurious, quality offering that defies any stereotypes which suggest prefabrication creates cheap, flimsy housing.

Homebuyers want townhomes. Can Toronto build more?

Townhomes represent a tiny number of new builds in Toronto, even though studies show they’re in demand. Since 2022, out of 74,653 building permits the city has issued for new dwelling units, only 1,245 were townhouses — just 1.67 per cent.

Big brokerage deals spur more M&A activity

Consolidation among North America’s largest real estate brands is prompting more brokerage owners to rethink their next move, according to one mergers-and-acquisitions adviser who says the pace of deals is accelerating on both sides of the border.

Ottawa study proposes major urban boundary expansion

In the face of ballooning population forecasts, the City of Ottawa commissioned a study that recommended opening up an area of rural land almost the size of Barrhaven to suburban development.

Fixing housing affordability could cost $1.7T

Restoring housing affordability could require up to $1.7 trillion in additional investment over the next decade. The estimate is based on the roughly 4.8 million homes CMHC says must be built over 10 years to return affordability.

Ottawa, Alberta sign $510M housing infrastructure deal

The federal and Alberta governments have signed an agreement to allow municipalities across the province to access hundreds of millions of dollars to invest in water and infrastructure to spur new housing developments.

Edmonton homebuyers have two-year head start on Calgary

While housing in Edmonton remains far more affordable than in Calgary, it’s still taking would-be buyers longer to save for a down payment than it did a few years ago, according to new data from real estate platform Zoocasa.

Ending foreign buyer ban will help condo market

OPINION: Three years of real-world experience have confirmed what many of us predicted: Canada’s foreign buyer ban has had a negligible impact on home prices, but it did help bring on the deep freeze in the condo market. 

The Vancouver co-housing community that started a trend

There are now 24 co-housing communities across the country, most of them in B.C. But the housing model is getting a second wind – with 21 more communities across Canada in the development pipeline, according to the Canadian Cohousing Network.

Moosomin, Sask. incentives drive new housing

Over the past four years, 97 housing units have been added in Moosomin, Sask., more than half through a local housing incentive. The program offers a $30,000 grant for a single-family home, as well as incentives for multifamily housing.

First National mortgage volumes fall 12%

First National Financial reported lower mortgage volumes and earnings in the second quarter as slower housing activity and increased competition weighed on new originations. Total mortgage originations and renewals were down 12 per cent from the same quarter last year.

Slow housing market ends need for personal letters

In a hot housing market, some buyers will write sellers a letter describing how much they love a property in hopes of swaying a seller to their offer. The softening housing market reduces the need for personal letters.

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