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Bank of Canada's 50 BPS rate cut 'compelling incentive' for housing, CRE
BoC's 50 BPS rate cut 'compelling incentive' for housing, CRE
The Bank of Canada's (BoC) move to trim another half point from its overnight interest rate in the wake of lower inflation is music to the ears of most executives in the country's housing, commercial real estate and development sectors.
What CREA’s latest forecast means for buyers and sellers
The Canadian Real Estate Association (CREA) released its quarterly forecast on Oct. 15 and, as it turns out, it’s a mixed bag. There’s cautious optimism as national home sales are expected to see a modest recovery.
Home sellers feel the irresistible lure of exclusivity
Realtors are finding new workarounds to bypass the industry regulator’s crackdown on “exclusive” real estate listings almost two years after the Canadian Real Estate Association moved to restrict the practice nationwide.
Kamloops prepares for housing boom
An office building in Kamloops, B.C. has been demolished as part of a project to bring hundreds of new homes to the city. The province said about 200 housing units would be built on the site, aimed at households with middle incomes.
Ont. builder admits to selling homes without legal approvals
More than 100 people are out tens of thousands of dollars each, after Sunrise Acquisitions, the developer of a pre-construction home project in Clearview, Ont., entered receivership. Some individuals are set to lose as much as $130,000.
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Canada’s luxury housing market stabilizes: Sotheby’s
Canada’s luxury housing market stabilized in Q3, with moderating growth in Toronto and Vancouver, as the effects of population growth and declining mortgage rates offset a slowing economy and wavering consumer confidence, according to Sotheby’s International Realty Canada.
Barriers to homeownership in Canada are 'vast': expert
The dream of homeownership is slipping out of reach for many Canadians, particularly young people and those without significant family assistance, according to Butler Mortgage Inc. founder Ron Butler. He described the situation as “a tragedy".
Toronto proposing new bylaw to curb renovictions
If the bylaw is adopted by Toronto city council, any building owner who wants to force out tenants to undergo property facelifts will be required to apply for a special licence within seven days of handing out eviction notices.
Most Cdns. feel short-term rentals negatively impact housing
Nanos Research has released polling results indicating that a significant majority of Canadians favour regulations to limit commercial short-term rentals, citing concerns over their detrimental impact on housing availability and affordability.
Time to buy? Some house hunters take a contrarian view
For some aspiring homeowners, a cool-down in Canada’s blazing real estate market is just the scenario they were waiting for. The Globe and Mail talked to three sets of buyers who struck deals just as the competition cooled down.
Mave raises $2M for AI real estate assistant
Toronto-based Mave, an artificial intelligence (AI) assistant for the real estate industry, announced it has raised $2 million in pre-seed funding and launched its beta program for agents and brokers.
Calgary looking into home listed with 13 bedrooms
A home for sale in Calgary has caught the city's attention, and is raising concern among housing advocates due to its advertised number of bedrooms. The floor plan reveals six bedrooms on the main floor and seven in the basement.
Alta. to build modular homes for displaced Jasper residents
The Alberta government is investing $112 million for the construction of interim housing for Albertans who lost their homes when the community of Jasper was decimated by wildfire three months ago.
Brick castle listed for same price as average Vancouver house
While it may look like it's from the south of France, this brick castle is actually in B.C.'s Okanagan Falls. The house is listed at $2.2 million, about the same as the average detached single-family house in Vancouver.
Why tiny homes are such a big deal
Faced with the current country-wide rental crisis, rising entry costs to the housing markets and energy bills, many are seeking alternative housing solutions. Micro homes use substantially less energy than large houses, and owners are drawn to a community of enthusiasts.
U.S. existing home sales fall to an almost 14-year low
U.S. sales of previously owned homes declined to an almost 14-year low in September as prospective buyers waited for a further decline in mortgage rates and more attractive asking prices, according to the National Association of Realtors.
Q&A with Habitat for Humanity International CEO Jonathan Reckford
The math surrounding building affordable houses is “more broken” than Habitat for Humanity International CEO Jonathan Reckford has ever seen it. The challenge is compounded by a supply shortage that is impacting the entire U.S. housing market.
How to renovate your home on a fixed income
If you’re on a fixed income, the thought of renovating your home can feel overwhelming. Costs can range from a few thousand dollars for basic upgrades to hundreds of thousands for more significant changes, like making your home more accessible.
Why are celebs and billionaires buying Singapore’s old shophouses?
VIDEO: First they were home to merchants and their families — now Singapore's colonial-era shophouses are some of the hottest real estate in the world. CNN explores two very different homes to understand the boom.
Industry Events
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Canada Real Estate Auctions
Dec 01 2024
to Dec 31 2024
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Toronto Real Estate Forum
Dec 04 2024
to Oct 05 2024
Metro Toronto Convention Centre - South Building
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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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