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Creo's Morrison Walk offers tax rebate to 1st-, 2nd-time homebuyers

1 week ago

Creo offers tax rebate to 1st-, 2nd-time homebuyers

Creo Developments is borrowing a page from the federal government, offering its own "tax break" for first- and second-time homebuyers at its Morrison Walk community in northern Vancouver.

Uncertainty is putting a chill on homebuilding sector

Veteran homebuilder Aman Gill is getting the kinds of phone calls these days he hasn’t had in years — skilled tradespeople looking for work. For Gill, it’s confirmation that the homebuilding sector is starting to slow down.

Multiplexes are clustered in the same Toronto areas

A Star analysis found that of the 577 projects approved since Toronto's multiplex bylaw was passed, the majority are in the same, more densely populated areas, while the suburbs aren’t pulling their weight.

TRREB replaces PropTx board; plans for governance review

Toronto Regional Real Estate Board (TRREB) has replaced the board of its technology subsidiary PropTx, with the new members slated to conduct a governance and operational review. PropTx provides service to nearly 90,000 Realtors across Ontario.

B.C. to regulate on-time construction payments

The B.C. government is introducing legislation to ensure construction workers and contractors are paid on time. A statement from the attorney general's ministry says the law would boost cash flow and stability for the construction sector.

Stars may be aligning for first-time buyers in B.C.

Prospective first-time buyers in Metro Vancouver who missed a bull market may be wondering if today is a good time to buy. Some experts say the stars may be aligning for them on interest rates, prices, supply and tax policy.

Would you go to Canada Post for your mortgage?

Amidst the labour dispute between Canada Post and the Canadian Union of Postal Workers, a debate concerning the future of post offices across the country has once again taken the stage: Should Canada Post enter the banking business?

Is your mortgage renewal going to shock you?

COLUMN: Over the past five years, mortgage rates have climbed sharply from historic lows, leading to significantly higher monthly payments for many borrowers. For some, this could even mean getting priced out of their own home.

Quebec real estate market weathering economic uncertainty

Residential real estate is holding steady in Quebec, despite the economic slowdown and sluggish job market. The number of properties changing hands and prices rose in Q3 compared to last year, according the Quebec Professional Association of Real Estate Brokers.

Ontario rent prices keep tumbling to record lows

New September data shows tenants eyeing a new place to live are enjoying some of the lowest rent prices in years, not just in Toronto, but in communities across the province and country.

Hamilton rental building offers path to condo ownership

Tenants of Hamilton’s King William apartments can now convert rent into “rental equity” toward buying condos at nearby 75 James St. S., earning up to $35,000 in credits through a Fengate Asset Management program.

Indigenous communities want major role in feds' housing plan

The new federal Build Canada Homes program could help solve the housing crisis — but only if the government delivers promised funding and ensures Indigenous communities lead the effort, some housing advocates say.

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