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Lindvest's diversified housing hedges against uncertain times

17 hours ago

Lindvest's diversified housing hedges against uncertainty

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.

BoC slows cuts, lowers overnight rate 25 BPS to 3%

The Bank of Canada's (BoC) 25 BPS cut to Canada’s overnight interest rate, to three per cent, should help homebuyers but won’t solve other barriers in the housing industry including construction costs and high development fees, industry observers said.

Mississauga cuts development fees in half

Mississauga has approved a motion to cut development fees to encourage the building of more homes. The motion slashes development charges by 50 per cent, or by 100 per cent for three-bedroom family units in purpose-built rental apartments.

U.S. tariff threat creating 'uncertainty' for London builders

Potential U.S. tariffs on Canadian products could slow the pace of new home construction in London, Ont., with local industry watchers expressing concern over increases in the cost of materials and build times, and an overall drop in demand. 

Toronto-area condo sellers brace for fresh supply

Some Toronto-area condo sellers are starting the year at a brisk pace as they weigh the benefit of hammering out a deal now against the prospect of a spring rebound that is far from guaranteed.

Condo in swanky Toronto area listed under $600K. Here's why

A large two-bedroom apartment in Toronto's Cedarvale neighbourhood is listed for several thousand below the average price for a two-bedroom unit in the city. It's a co-ownership suite — a type of housing that experts say comes with unique challenges.

Lower prices, deals for Toronto-area tenants in 2024: report

The vacancy rate among purpose-built rental apartments completed since 2000 in the Greater Toronto and Hamilton Area at the end of 2024 reached its highest point since the pandemic, a new Urbanation report has found.

Foreign buyer ban: Short-term win, long-term consequences

OPINION: When the ban was first introduced, many dismissed it as inconsequential, but its impact has been anything but. The policy has inadvertently deepened the very crisis it was meant to alleviate by curtailing the supply of new homes.

Snowbirds selling winter homes might see steep returns

Amid the current political and financial climate, some Canadian snowbirds are hurrying to sell their U.S. properties. Those who bought 10 to 15 years ago – when the loonie was on par with the U.S. dollar – could make a handsome profit.

Crown prince of Dubai puts Vancouver penthouses up for sale

A company whose beneficial owner is the crown prince of Dubai has listed four penthouse units at Vancouver's Fairmont Pacific Rim condo tower, offering a rare glimpse into the upper echelons of the city’s luxury real estate market.

B.C. realtor used couple's funds to buy own property: judge

B.C. realtor Alden Ashneil Chand has been ordered to pay a Surrey couple more than $285,000 after a B.C. Supreme Court judge found he used the couple’s money to buy property for himself.

U.S. new home sales exceed December forecasts

Sales of new U.S. single-family homes increased more than expected in December, further evidence that housing market activity regained some momentum at the end of 2024, though rising mortgage rates remain a constraint.

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