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Mattamy's Hearthstone becomes an award-winning community

1 week ago

Mattamy's Hearthstone an award-winning community

A design which encourages neighbours to interact, places environmental features at the forefront and integrates green spaces has helped make Mattamy Homes’ Hearthstone community in Sherwood Park, Alta. an award-winning project.

Blanket appraisals can save preconstruction deals

Developers and one major bank are turning to blanket appraisals to save millions of dollars on preconstruction projects. While they help preconstruction buyers close on their properties, experts warn the appraisals can hurt purchasers over the long term.

Edmonton is Canada’s ‘hottest’ market right now

While cities across Canada struggle to find momentum in what is typically the industry’s busiest season, Edmonton stands out as an exception, positioned for a typical — and notably strong — spring market.

Canada's real estate expected to show modest growth

Tariffs and bad weather in the first three months of the year weighed on resales and prices in Canada, but a new report from TD predicts conditions will improve for the remainder of 2025.

Tumbling home prices could be exactly what we need

OPINION: It’s basic common sense: for homes to become affordable again, prices must come down. After years of double-digit increases, there’s simply no other path for costs to realign with what the average Canadian worker can save and pay. 

B.C. developers push back on foreign buyer restrictions

OPINION: British Columbians overwhelmingly favour the provincial foreign buyer tax and the federal two-year ban on foreign real estate purchases, a new poll shows. But developers are pushing the government to ditch policies that curb foreign investment.

Chilliwack approves rezoning for townhouse project

Chilliwack, B.C. councillors have approved an application from Chilliwack homebuilder Westbow Construction Group to rezone and redevelop a mobile home park that will allow over 140 townhomes to be built across from Townsend Park.

N.B. home prices have more than doubled in a decade

The average price of a home in Moncton, Fredericton and Saint John, New Brunswick’s three biggest cities, has more than doubled in the past decade, according to data from the Canadian Real Estate Association.

Saskatchewan sales 13% above 10-year average in March

Saskatchewan is one of the few housing markets outpacing national trends, according to the latest data from the Saskatchewan Realtors Association. The province recorded 1,277 sales — an eight per cent increase year-over-year — in March.

Average rents in Vancouver decrease for 16th straight month

Monthly data provided by Rentals.ca and Urbanation says rent in Vancouver was down 6.3 per cent last month compared with March 2024. Rents fell for the 16th consecutive month, hitting a 35-month low at $2,821.

Quebec wants to tackle dishonest real estate brokers

Quebec plans to give more teeth to its Real Estate Brokerage Act and the profession's self-regulatory body. A proposed bill provides for a significant increase in disciplinary fines and even the application of criminal prosecutions.

Canadian snowbirds are selling Florida properties

The weakening Canadian dollar and U.S. President Donald Trump's rhetoric about annexing Canada and his trade war has made it clear for many Canadians that it’s time to leave Florida. Some Florida realtors say they’ve been inundated with Canadian sellers.

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