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Families, investors explore redeveloping for density: Toronto homebuilder
Families, investors explore redeveloping for density: BVM
Toronto's BVM Contracting is getting more requests from homeowners and investors interested in densifying residential properties these days, but a company executive cautions that planning around the financial viability is a key consideration in such a project.
Ontario faces home building realities
Ontario is lowering projections for new home construction levels in its fall economic statement, putting the government further away from building 1.5 million homes in 10 years — a goal the finance minister said is now a “soft” target.
Fees in redevelopment areas hinder work: Calgary builders
A recent analysis produced by the Calgary Inner City Builders Association suggests that development fees related to infrastructure upgrades can add, on average, $77,700 to the cost of an individual townhouse built in a redeveloping neighbourhood.
Why townhomes are the next frontier for purpose-built rentals
GUEST SUBMISSION: To meet the growing need for purpose-built rentals, townhomes offer faster delivery, tailored to singles or families. They integrate into neighbourhoods while providing a replicable model across metro regions.
Suburban GTA home prices drop over 25% from peak
As real estate prices in the Toronto region fall for the ninth straight month, suburban home prices in Peel, Durham and Halton regions are down over 25 per cent since the market peak in February 2022.
A market in full correction
COLUMN: The latest Toronto Regional Real Estate Board Market Watch doesn't exactly offer a narrative of recovery. The October data confirms not merely a soft market, but a deterioration in the balance between supply and demand.
Most Toronto non-homeowners say they’ll never buy a home
A survey conducted by Canada Pulse Insights on behalf of CityNews regarding housing in Toronto and the GTA found that, among respondents who aren’t homeowners, only 25 per cent believed they would own a home.
Ottawa home prices increase in October
The Ottawa Real Estate Board says the average sale price for a home or condominium was $709,002 last month, up 2.7 per cent from $690,397 in September and an increase of 5.7 per cent from October 2024.
Can Indigenous-led projects ease the housing shortage?
Across the country, First Nations near, in and around cities are leading major housing developments — projects that some say put home ownership, and quality rental housing, within reach for more people, while also driving Indigenous economic growth.
HCRA refuses to renew license of Landing Dev. Group
The Home Construction Regulatory Authority (HCRA) has refused to renew the licence of The Landing Development Group after finding the builder improperly invoked "unavoidable delay" due to the COVID-19 pandemic to justify indefinite project delays and withhold purchaser deposits.
BCFSA suspends B.C. broker over alleged misconduct
The B.C. Financial Services Authority (BCFSA) has issued “urgent orders” suspending Realtor Balpreet Singh Bal and his brokerage, Fraseridge Realty Ltd., citing concerns that millions of dollars in client trust funds may have been mishandled.
Why some Toronto renters are avoiding new builds
Torontonians are opting out of moving into new builds — for reasons ranging from a lack of rent control to poor layouts — at a time tenants are increasingly gaining leverage in the market.
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