Renx Homes News Canada (RENXHOMES)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@renxhomes.ca
Canada: 1-855-569-6300

'Price correction' hits Ontario, B.C. housing markets in April

2 weeks ago

'Price correction' hits Ontario, B.C. housing markets in April

Canadian home prices continued to fall in April, particularly in several of the country's largest markets, though a recovery may be imminent.

Toronto realtors sound off on ‘arbitrary’ disciplinary process

A controversial attempt to rewrite the governing rules of the Toronto Regional Real Estate Board, Canada’s largest real estate board, was defeated in a membership vote last week amid claims of “misinformation” and alleged power grabs.

Gavin Swartzman named president of Christie’s International

Christie’s International Real Estate has named Gavin Swartzman as its new president, a move it says will supercharge the firm’s global growth ambition. Swartzman most recently served as CEO of Toronto-based Peerage Realty Partners.

The quiet legacy of Alan Carson

One snowy afternoon while inspecting an industrial facility in London, Ont., Alan Carson and Bob Dunlop got snowed in and started talking. By nightfall, Carson Dunlop & Associates was born, starting the first dedicated home inspection company in the country.

How can Toronto's small condo problem be solved?

In Toronto, towers upon towers of small condo units fill downtown blocks. Condo sales across the board are slumping in Canada's biggest cities as supply soars and demand shrinks. And the hardest units to sell are often the tiniest.

Corporate landlords fuel housing rent increases in Toronto

Companies that own rental housing properties – including private equity firms, REITS and other asset managers – charge higher rents across all building classes than the average neighbourhood price in Toronto, according to a study released Tuesday. 

Edmonton passes rezoning bylaw for priority growth areas

Edmonton city council passed a rezoning bylaw that aims to boost development in areas earmarked to grow quickly alongside the city's population. The areas impacted were identified by city administration as priority growth areas.

For residential mortgages, it’s Big Banks vs. everyone else

ANALYSIS: The mortgage market is highly concentrated. The Royal Bank of Canada leads all lenders with a 19.8 per cent share of real estate-secured loans. Combined, the six biggest banks control around 74 per cent of the market.

Ont. home construction tanking while other provinces boom

When numerous forthcoming condo and townhome projects are going into receivership and dozens more have been deferred, you know the real estate market is struggling — and that's the state the Toronto area has been stuck in for months.

Eight smoking hot housing markets across Canada

A lot of the negativity in housing is generated by what’s happening in expensive markets like the greater Toronto and Vancouver areas. In other cities, the latest numbers tell us housing is doing just fine or better.

May brings a chance to reset in Ontario cottage market

The Victoria Day long weekend was a chance to reset as new listings arrived on Ontario's cottage market and out-of-town buyers headed north to Muskoka, Georgian Bay, Haliburton and the Kawartha Lakes.

B.C. is drowning in people but starving for homes

OPINION: A simple problem drives B.C.’s housing affordability crisis — too few housing units are being built to accommodate the province’s growing population, which has exploded since the pandemic due to unprecedented levels of immigration.

Industry Events