Renx Homes News Canada (RENXHOMES)
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Home manufacturing company levels-up recruitment in Port Alberni

5 days ago

Home manufacturing company levels-up recruitment in B.C.

A company on Vancouver Island is expanding as it fortifies its manufacturing of pre-engineered single-family and multifamily homes. IGV Housing is cooperating with Synergy Foundation, North Island College and WorkBC on its Green Building Foundations & Manufacturing training program.

Upfield and Arrowleaf buy Edmonton townhomes for $60M

Upfield Capital and Arrowleaf Real Estate have partnered to acquire Cornerstone at Uplands, a 181-unit purpose-built townhome rental community under construction in Edmonton. The companies acquired Cornerstone at Uplands in an off-market deal for approximately $60 million. 

A 20% housing drop still leaves Canadians locked out

Canada’s housing market has plunged into one of its sharpest-ever corrections. That should be welcome news for first-time buyers – but the pullback still isn’t enough to change the equation for many residents who have long been priced out.

Cities must pay 10% to access housing infrastructure fund

Cities will be required to chip in 10 per cent of the cost of new infrastructure before they can draw from an $8.8-billion federal-provincial fund intended to spur homebuilding by lowering fees that are normally paid by developers.

Toronto tool to solve minor housing issues overwhelmed

Toronto’s Committee of Adjustment, designed to quickly handle minor housing variances and small-scale projects, is now overwhelmed by rising applications, as demand for infill housing grows and approvals become slower and more complex.

Vancouver eases home-heating rules, reviews multiplexes

Vancouver City Council made two significant housing-related decisions last week that could influence how homes are built across the city for years to come. One decision targeted Vancouver’s natural gas policy; another reviewed multiplex housing rules.

How Calgary will replace blanket rezoning still unclear

Mayor Jeromy Farkas has followed through on his campaign pledge to repeal blanket rezoning, but only partially. With council rejecting a recent motion to replace it, uncertainty remains over how the city will pursue increased density without the policy in place.

Pre-sale buyers challenge Burnaby condo contracts

More than three dozen pre-sale purchasers of Eclipse tower condos are asking a B.C. Supreme Court judge to declare their contracts unenforceable for alleged breaches of B.C.’s Real Estate Development Marketing Act.

Homeowners using alt lenders struggling to change

Homeowners are turning to private mortgage lenders more often and staying with them longer as higher interest rates and falling home values see borrowers failing to qualify with traditional lenders.

Housing starts being held back: CMHC

A new report by the Canada Mortgage and Housing Corp. says regulatory conditions, along with economic and demographic structural factors, have slowed the pace of housing starts and pushed home prices higher.

Vancouver’s Habitat 76 still delivering lessons in housing

Fifty years ago, some of the world’s leading experts in cities, housing and human rights arrived in Vancouver for a United Nations conference on how to house a growing world population, the first conference on human settlements.

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