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Fear of tax man may nix missing-middle housing plans
Fear of tax man may nix missing-middle housing plans
A widespread government proposal to create more affordable housing through large-scale rezoning of detached-house neighbourhoods into multi-unit housing rentals has run into a problem. Many single-detached house owners, fearing tax exposure, want nothing to do with the missing middle plan.
GTA preconstruction market sees more distressed buyers
Cracks are starting to show in Toronto’s preconstruction housing market. Financial pressures are not only stalling future projects, but some industry experts are also seeing an uptick in purchasers selling their properties.
Lowering noise levels and emissions in construction
Historically, construction in single-family areas was minimal. Multifamily construction was usually sidelined to areas where similar developments already existed, like Vancouver’s downtown core and major arterial roads.
Ont. reverses latest Greenbelt development proposal
The Ontario government is backtracking on its latest proposed incursion into the Greenbelt, reversing a plan to allow development in an area northwest of Toronto amid increasing scrutiny, including a police review, of carveouts from different parts of the area.
Perth residents wary of 940-home golf course development
Residents of Perth, Ont., packed a town hall meeting in July to learn more about a proposed subdivision by developer Caivan expected to house between 2,300 and 2,500 people by building homes on one of Canada's oldest golf courses.
Development potential raises Toronto home's listing to $10M
While the house at 821 The Queensway, on an 11,500-square-foot lot, may at first glance seem average the building actually sold for $6 million in 2021. Looking at the averages for Stonegate-Queensway, in July, the average detached home sold for about $2,27 million.
Montreal should scrap developer's Canada Malting site plan
David Grant-Poitras has spent two nights camped outside the crumbling buildings of the old Canada Malting Company despite having a warm bed elsewhere as a member of a community collective trying to block a condo development at the site.
To boost employee happiness, company buys island
A Montreal-area company has come up with a novel way to boost employee happiness: buying them a private island. The 30 workers at Mon Technicien are now able to book stays on their employer’s newly acquired, 930-square-metre island.
10 best prefab A-frame house kits for any budget
The A-frame home is an architectural style that is fast making a resurgence in today’s construction industry. Once popular only in lodge cabins and vacation homes, many homeowners – notably among first-time home buyers – are choosing this architectural style.
Options for high interest rate private mortgage coming due
As more Canadians get into private mortgages, experts caution homeowners to understand the options for exiting or refinancing. In Ontario, the value of private mortgages rose to $22.4 billion in 2021 from $13 billion in 2019.
Down payments for homes rises over $100K in four cities
The down payment needed to buy a home has increased by more than $100,000 during the past five years in Metro Vancouver, the Fraser Valley, Victoria and Toronto – the largest increases in Canada for single-family homes.
The case to replace central air conditioners with heat pumps
About 7,000 Canadians per week are installing central air conditioners to cool their homes and a new report says there is a missed opportunity to switch to heat pumps, which are more energy-efficient for heating and cooling.
How Alberta RE conditions attract out-of-province investors
VIDEO: With many Canadians priced out of their local housing markets, some in the real estate industry say more people are looking to Edmonton as a place to invest .
London challenged to hit new homes target: Builders
London home builders and developers question whether many of the 18,000 homes at various stages of approval will ever be built. The city claims it's well on the way to achieving a target of 47,000 new homes in 10 years.
Canada’s housing crisis was decades in the making
For decades, provinces have lobbied to receive more responsibility and funding for housing, claiming their proximity to residents gives them a better understanding of the challenges. Starting in the 1980s, the national government signed agreements transferring housing responsibility to provinces.
Federal gov't used to build social housing. Then it stopped.
Many agree we're in the middle of a national housing crisis. So how did we get here? For many housing experts, affordability advocates and municipal officials, the answer lies in part with a policy shift federal governments joined decades ago.
Condo managers breaking gender stereotypes
The underrepresentation of women is a prevailing narrative but the condo management sector tells another story. The Association of Condominium Managers of Ontario confirmed, according to a 2020 survey, over 55 per cent of condominium managers are women.
Halifax businesses destroyed by fire ask for tax relief
Business owners who lost buildings in the Halifax-area wildfire are calling on the province for tax relief. Halifax Regional Municipality has already waived taxes for residential property owners whose homes were destroyed by fire, but not commercial property owners.
Growing wildfire risk will result in rising insurance premiums
Canadian insurers are grappling with the higher risk of wildfires as this year’s fire season breaks records, and experts say rising premiums are just one way the industry is seeking to adapt to the changing landscape.
Calls grow for a national wildfire service like Australia's
There is a call for Ottawa to establish a national wildfire service with trained crews that can be deployed anywhere. Australia has an army of volunteer “firies” to respond to brush fires who are trained and contracted as firefighters.
Industry Events
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Canadian Home Building Association: National Fall Meetings
Oct 21 2024
to Oct 25 2024
Ottawa, Ontario
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Canada Real Estate Auction
Oct 22 2024
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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Housing Central Conference
Nov 18 2025
to Nov 20 2025
Sheraton Vancouver Wall Centre Hotel, BC
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