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High down payments No. 1 barrier for new home buyers: CPA
High down payments No. 1 barrier for new home buyers: CPA
Housing affordability continues to cause distress for potential Canadian homeowners, according to a survey conducted for CPA Canada and BDO Debt Solutions, but the building industry is having challenges of its own adapting to this reality.
Side-by-side fourplexes in Etobicoke rejected by committee
As Toronto struggles with an ongoing housing crisis, the city has axed a proposal for two fourplexes in Etobicoke. “We’re stunned,” said the builder behind the project. “We’re trying to get to the affordable housing that everyone is crying for.”
6 B.C. tiny home builders making it big
Getting creative with square footage could help with B.C.’s housing problem (building smaller homes in less space would work, right?). Here are six B.C. tiny home builders that are making living small feel large.
B.C. real estate experts urge feds not to overreach
After last week’s federal election saw the Liberals hang onto power, some B.C. real estate experts are urging the minority government to prioritize municipal efficiency and foreign investment, and think twice about direct housing construction.
Toronto-area home prices finally start to fall
Toronto-area home prices dropped four per cent in April as buyers gained greater negotiating power following months of sale declines. Sales in April dropped a staggering 23 per cent year over year, according to the Toronto Regional Real Estate Board.
Vancouver home sales continue to slide
Greater Vancouver Realtors reported 2,163 residential sales last month, down 23.6 per cent from April 2024 and nearly 28 per cent below the region’s 10-year seasonal average. It marked the third straight month of below-average activity.
Calgary home sales fall in April amid economic uncertainty
The Calgary Real Estate Board said home sales in the city decreased again on a year-over-year basis last month amid uncertainty over the economy, while new listings and inventory both grew.
Toronto unsold condo rate reaches ‘incredible level’: expert
There’s been “severe overbuilding” in the Toronto condo market for a number of years, according to Ron Butler, principal broker at Butler Mortgage. In Toronto, there is now roughly a 30 per cent failure rate for condo closings, he said.
Long-delayed T.O. modular homes project starts construction
A long-anticipated modular housing project in Toronto's Willowdale neighbourhood is at last under construction, after years of costly delays and local controversy. Sixty rent-geared-to-income homes at 185 Cummer Ave. are expected to be finished by early 2026.
Apartment starts soar in Alberta in Q1
In Q1, ground was broken on an unprecedented number of purpose-built rental units in Alberta, despite risks created by Donald Trump’s trade war. One reason for this, industry insiders say, is that the cost of land remains reasonable in Alberta.
Kelowna posts record apartment and condo construction
Last year, construction started on 3,790 housing units of all kinds (single-family houses, apartments, condos, townhouses, fourplexes, triplexes and duplexes) in Kelowna. That's up a hefty 27.6 per cent from 2023, which was also a healthy construction year.
There's a reason few Cdns. opt for 10-year mortgage terms
COLUMN: In Canada, 30-year mortgage terms don’t exist. We’re left renegotiating our financial fate every five years or less. Of course, you can always choose a six-, seven-, or 10-year mortgage, but that’s not a favourable option.
Industry Events
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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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TRREB REALTOR QUEST 2025
May 14 2025
to May 15 2025
Toronto Congress Centre
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Edmonton Real Estate Forum
May 27 2025
Edmonton Convention Centre
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Land & Development
Jun 05 2025
Metro Toronto Convention Centre - North Building
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