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Rohit Homes growing along with Calgary region

5 days ago

Rohit Homes growing along with Calgary region

Rapid population growth in Calgary is driving the ascent of Rohit Homes, the homebuilding division of Edmonton-based Rohit Group which is one of the region's fastest-rising companies in the sector.

Cape Breton unveils pre-approved housing designs

Cape Breton Regional Municipality has created a catalogue of pre-approved housing plans that are free for residents and are expected to speed up the building permit process. Fifteen fast-tracked housing designs were unveiled on Monday.

Edmonton lowers max homes on RS-zoned lots from 8 to 6

Edmonton city council has voted to move ahead with a bylaw amendment that would lower the number of homes allowed on most lots in the small-scale residential (RS) zone from eight to six, despite opposition from some residents and advocates.

Planned Muskoka development bypasses municipal laws

Zeidler Architecture and Cliff Bay Resorts and Residences plan to transform a property north of Gravenhurst, Ont. into a tourist resort. Because the property – called Muskoka Centre – is provincially owned, the Town of Gravenhurst has no say over the proposal.

Nesto: 7 years of dramatic growth in home, CRE mortgages

Nesto Group was created just seven years ago but the tech-forward firm has already become a key player in the Canadian mortgage industry and just launched commercial mortgage origination activities in Quebec.

Mortgage rates are stuck in a rut. What could break them out?

Leading fixed mortgage rates have oscillated in a 20-basis-point range for three months. The market’s essentially holding its breath, waiting for a catalyst - a trade breakthrough, ominous inflation turn, war or deficit panic.

Smelling a bargain, investors look to leftover GTA condos

As the number of finished but unsold condominium apartments reaches new heights in the Greater Toronto Area (GTA) there’s more competition among lenders and investors. This offers options for builders to sell units in bulk or refinance their standing inventories.

Condo sales plummet in Toronto and Vancouver

The condo market in Canada’s two largest cities has experienced significant decline from 2022 to the end of Q1, according to the most recent report from Canada Mortgage and Housing Corporation. Though most smaller markets are still stable.

The realtor whose brutal honesty sells hard-to-move listings

Vancouver's Darcy Schlechtleitner, a managing broker at Stonehaus Realty Rethink Real Estate Group, feels unfiltered honesty not only works but is demanded in the current market, because consumers are very smart and have all the information they need readily available.

Alberta realtor loses license, fined $37,070 for misconduct

The Real Estate Council of Alberta has revoked the licence of Calgary agent John William Wade following serious misconduct findings. Wade was also ordered to pay four fines totaling $25,000 and $12,070 to cover investigation costs.

Renters waiting for home prices to drop further before buying

About 40 per cent of renters across Canada reported they are choosing to wait for property prices to fall further, compared with 30 per cent in 2024, according to Royal LePage's 2025 Canadian Renters Report. 

Airbnb says thousands of B.C. reservations at risk

Short-term vacation rental platform Airbnb said last week that "thousands" of reservations in British Columbia are at risk of cancellation, accusing the province of rushing out regulations as it cracked down on the industry.

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