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Another 'crisis' looms as GTA new home sales crash: BILD
Another 'crisis' looms as GTA new home sales crash: BILD
New home sales in December plummeted to the lowest in almost four decades in the Greater Toronto Area (GTA), according to a building industry group, capping off a “historic” year with the worst annual total sales since 1990.
Canadian mortgage rates could be in for a bumpy ride
Major policy shifts by U.S. President Donald Trump, including the threat of tariffs, are setting up a volatile environment for Canadian fixed mortgage rates, as bond markets react to the risk of inflation in the U.S. and a recession in Canada.
Vancouver mayor seeks ‘net new supportive housing’ pause
Vancouver Mayor Ken Sim announced Thursday he will bring a motion before council to pause any “net new supportive housing units” in the city until the region’s other municipalities build more such housing stock in their communities.
Toronto neighbourhood may test sixplexes
Scarborough North will be a testing ground for bigger multiplexes with five or six units in Toronto’s residential areas, if a city staff recommendation gets the green light. It’s a change city hall promised the federal government it would consider.
Middle-class families turn to charities for housing help
Despite both having steady jobs and together earning roughly $70,000 per year, Caleb Bowyer and Serena Di Marco Bowyer were not able to buy a home in Peterborough, Ont. The couple turned to Habitat for Humanity for help.
Co-ops may not be for everyone, but there are advantages
Many folks have to double-check their glasses when they see the prices of co-ops on MLS. They can sometimes be two-thirds to one-half the cost of comparable condos, leading many to wonder what’s wrong with the property.
Northern Ont. realtors say no end in sight for housing crisis
A few years into a national housing crisis, brokers in northern Ontario don't see much relief on the horizon. "It's not an easy thing to get out of," Gary Trembinski, the president of the Sault Ste. Marie Real Estate Board, said.
Waterloo limits short-term rentals in low-rise homes
If you plan to spend a couple of nights in Waterloo, a short-term rental might soon be hard to find. Changes approved by council mean if you want to rent out your unit short-term, you'll have to live there.
B.C. looks to revive stalled modular housing program
OPINION: In a storage lot in Penticton, B.C., there are 40 modular housing structures stored in shrink wrap. Soon, the province said, the units will finally be used for their intended purpose, as 52 units of supportive housing.
B.C. realtor loses 'ill-gotten gains' from $3.35M home sale
The Supreme Court of British Columbia has ordered Alan Hu, a Surrey-based realtor, to surrender his profits from the sale of a $3.35-million property after breaching his fiduciary duty to a client.
Top 10 issues in real estate deals gone wrong
OPINION: Want to avoid problems in your next real estate deal? Here are the Top-10 issues Toronto real estate lawyer Bob Aaron experiences that can lead to disappointment, unnecessary expense and even litigation.
The art of relisting a home
Many homeowners are starting 2025 with a new resolve: to sell the condo unit, house or country estate that lingered on Ontario’s real estate market through the slow patches of 2024.
Industry Events
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Canada Real Estate Auctions
Feb 01 2025
to Dec 31 2025
Canada
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First Nations Housing Conference
Feb 04 2025
to Feb 06 2025
Valhalla Hotel, Thunder Bay, ON
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2025 ULI Housing Opportunity Conference
Feb 25 2025
to Feb 26 2025
Atlanta, GA
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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CHBA's Home Building Week in Canada
May 11 2025
to May 15 2025
Victoria, BC
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2025 CFAA Rental Housing Conference
May 13 2025
to May 15 2025
Vancouver, BC
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