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PEC Community Partners plans 7,500-home Base31 development
PEC Community Partners plans 7,500-home development
Ontario's Prince Edward County region has become a popular tourist destination with more than 40 wineries, a series of art galleries and plenty of hospitality and recreation destinations. Soon, it is also to host a major new housing development.
Canada Lands development Downsview West takes shape
OPINION: The biggest development project in Toronto is moving forward. This week, Canada Lands Company submitted its application for a “district plan” of Downsview West, a 30-hectare area that could include 8,800 homes in buildings up to 60 storeys.
Toronto may waive fees, drop taxes for some rental builders
Toronto is considering fee waivers for rental builders willing to offer a fifth of their new units at more moderate prices — with a report that also suggests those rental building owners be charged 15 per cent less in property taxes.
Definition of ‘multiplex’ snarls developments, builders say
Small-scale builders are sounding the alarm that planning bureaucrats are erecting roadblocks to frustrate the intent of a multiplex-permitting by-law designed to ease the grinding housing and affordability crisis in Toronto.
Sluggish housing starts point to big challenges for B.C.
As a tight provincial election reveals a deeply divided electorate, the pace of new home construction is stagnant, pointing to significant challenges and choices ahead for the next B.C. government.
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Conservatives pledge to axe GST on new homes under $1M
A Conservative government would scrap the federal sales tax on new homes sold for less than $1 million and push provinces to do the same, Pierre Poilievre said Monday.
Where housing, interest rates and the economy are heading
The Globe and Mail recently spoke with Scotiabank’s chief economist Jean-François Perrault to discuss his views on the U.S. economy, interest rates, the housing market, immigration and the Canadian dollar.
Most young Canadians plan to buy a home within 5 years
A new report says that while fewer young Canadians own a home compared with three years ago, a majority of millennials and Gen Z adults still plan to purchase one in the next five years.
Calgary’s overbidding market cools in Q3
Calgary’s real estate market saw a significant decline in overbidding activity in Q3, with only 10 per cent of neighbourhoods experiencing homes selling above asking, compared to 54 per cent in Q2, according to an analysis from Wahi.
Vancouverites take longest in Canada to save down payment
The average first-time homebuyer in Vancouver needs 13.5 years to save enough for a 10 per cent down payment, according to a new report from Money.ca. Toronto was a close second, at 13 years and two months.
The top economic concern for business owners? Housing
Nearly 92 per cent of business owners say the cost of housing has had the most negative impact on the Canadian economy. Close follow-up factors included household debt, interest rates and the rate of inflation.
Homeowners’ net worth dwarfs that of renters
The youngest homeowners typically have a net worth at least 10 times that of renters in the same age cohort, and the gap widens to almost 30 times for those nearing retirement age, according to data from Statistics Canada.
Tax breaks Canadian homeowners should be aware of
Owning a home in Canada isn’t cheap, but there are tax credits and benefits to help you get some extra cash to maintain your dream home. Here are several you should take advantage of if you own a home.
Property manager must pay evicted Vancouver tenants $140K
Coldwell Banker Prestige Realty must pay two former West Vancouver tenants more than $140,000, a B.C. Supreme Court judge has ruled, after the building owner failed to move into the home they were evicted from.
Rachel McAdams' childhood home hits the market
A-list, Oscar-nominated movie star Rachel McAdams lived in the three-bedroom, 2.5-storey brick home in St. Thomas, Ont., listed today for $500,000, while she attended Central Elgin secondary school.
U.S. pending home sales see biggest gain since summer 2020
An index of contract signings for U.S. existing homes climbed 7.4 per cent to 75.8 last month, marking the strongest increase since June 2020, according to data released Wednesday by the National Association of Realtors.
D.R. Horton shares dip as homebuilder says buyers take pause
D.R. Horton Inc. (DHI-N) shares fell the most in more than four years after the U.S. homebuilder reported disappointing results for its fiscal fourth quarter and signaled that affordability challenges are holding back buyers.
U.S. election leads to increased searches for Canada real estate
American visits to one of Canada’s most popular real estate websites increased this summer as the U.S. presidential election campaign kicked off, according to data released this week from Royal LePage.
Selling the supernatural: How to handle stigmatized properties
From the Marr Residence in Saskatoon to the Custom House in Hamilton, Canada has its share of houses rumoured to be haunted. But what happens when these properties hit MLS?
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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