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Home insurance costs spike in wildfire-prone areas: Study

1 day ago

Home insurance costs spike in wildfire-prone areas: Study

Increasingly potent and frequent wildfires in Canada have contributed to skyrocketing home insurance premiums in areas of high risk, posing a challenge to housing affordability, an analysis by Wahi and MyChoice found.

Prefab, timber, printed housing making inroads in the GTA

Toronto’s housing pressures have accelerated interest in construction methods that can deliver homes more quickly. Developers are turning to prefabricated systems, modular housing and mass timber as practical alternatives, while early ventures into 3D printing point to what may follow.

Toronto builder switches from luxury homes to multiplexes

Behzad Ayon, managing partner of Toronto's Aria Build, has a background in luxury homes. But with higher interest rates and lower home prices, “the numbers don’t really make sense.” So he’s pivoted to rental housing in the form of multiplexes.

Burnaby scales back 'gigantic' multiplexes following backlash

Public outrage over the size of new multiplex homes in Burnaby, B.C., has convinced city councillors to rein in the rules. Multiplex homes in the city will be smaller — and have more on-site parking — as a result.

Burlington considers 2-year pause in development charges

The City of Burlington, Ont. will consider eliminating development charges for two years to aid the struggling housing industry. Development charges are fees developers are required to pay to municipalities to help fund infrastructure related to growth.

What a 50-year-old neighbourhood dev. can teach us

OPINION: In the heart of downtown Toronto sits St. Lawrence, a neighbourhood whose major streets were first laid out over two centuries ago. Today, you’ll see a thriving neighbourhood, considered by many to be a model of urban development.

Toronto, Hamilton condo sales fall to 30-year low in Q3

Condo sales in the Greater Toronto and Hamilton Area reached a 35-year low in Q3. Only 319 new condo units were sold in the third quarter, down 54 per cent from a year ago.

People from Toronto, Vancouver coming for Edmonton homes

The deputy chief economist of Canada Mortgage and Housing Corp. said data already shows an influx of people moving from Vancouver and Toronto to the Alberta capital, and it’s only going to get worse.

Trailblazer Ann Bosley remembered for industry impact

Longtime industry trailblazer Ann Bosley of Bosley Real Estate passed away on Oct. 14. For more than 40 years, Bosley guided the Toronto-based brokerage with her husband, Tom, overseeing its growth into one of the city’s most established firms.

Does the word ‘Realtor’ still belong in Canada?

OPINION: There was a time when Realtor meant something, conjuring images of polished professionals. Today, the word feels more like a brand you’d whisper about at a cocktail party before someone asks, “Oh, are you one of those?”

Why London home sales are slowing

Slower-than-expected September home sales have softened the London, Ont. housing market outlook to close out 2025. Two new forecasts now see no sales rebound until next year, as economic uncertainty appears to send buyers back to the sidelines.

Inside the 'crown jewel' of modern architecture in Canada

Located at 30 High Point Rd. in Toronto's Bridle Path neighbourhood, the eight-bedroom, 12-bathroom house spans 26,414 square feet. Designed by influential Canadian architect John C. Parkin, the home is listed for nearly $24 million.

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