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Sprout Dwellings' modular housing offers 'gentle densification'
Sprout's modular housing offers ‘gentle densification’
Sprout Dwellings Inc., a Halifax-based modular housing designer and builder, is finding opportunity for its backyard suites as the city looks for ways to bring more affordable housing to the market.
Federal land could be used for housing to bring down costs
Ottawa is mulling changes to its federal land policies and looking for ways to intensify the use of public land for housings. The $82-billion National Housing Strategy doesn't include federal public land considerations, but new thinking is emerging.
BC Builds announces $3 billion for middle-income housing
Through BC Housing, the provincial government will provide nearly $3 billion in financial support to leverage new middle-income housing projects on “underused” land including $2 billion in low-cost repayable financing and $950 million in direct non-repayable funding.
January home sales rise as markets tighten: CREA
Home sales rose in an unseasonably warm January to mark a second month of rising activity and softening prices, the Canadian Real Estate Association said Wednesday. January sales were up 22 per cent from a year ago after seasonal adjustments.
Calgary luxury house market picks up steam
Listed for sale last October, the $4.1-million Y house is one of 29 homes for sale in the Calgary region priced at more than $4 million. The Y House is a standout among sprawling, lodge-style houses.
Housing plan would fuel urban sprawl, planners say
Municipal staff in West Kelowna are raising concerns about plans for 226 townhomes just outside the city’s permanent growth boundary in the upper Glenrosa neighborhood. Some aspects about the proposal are intriguing such as a unique land lease model.
London mayor advances his parking-lots-for-housing plan
London Mayor Josh Morgan advanced his plan to turn parking lots and empty office space into high-density housing using his strong-mayor powers Tuesday, directing city staff to identify city-owned parking suitable for housing development.
Judge awards Richmond condo presale buyers $13.1 million
More than 30 people who sued Richmond condo developer Anderson Square Holdings Ltd. and two directors over the cancellation of their pre-sale contracts were awarded $13.1 million in damages by a B.C. Supreme Court judge.
Condo buyers get a stiff bill for rental equipment
Residents and owners of a recently built Toronto condominium building facing collection letters and demands for thousands of dollars from Reliance Home Comfort Inc. are warning others to beware of references to HVAC rental contracts in closing and sales documents.
CRA introduces new rule to deter property flipping
A new rule in the 2023 taxation year will require property owners (rental owners included) to report profits from the sales of any property that was purchased and sold within a 365-day period as business income - with some exemptions.
Toronto homeowners seek property tax relief, as rates rise
Toronto council passed a record high property tax increase while statistics show a growing number of seniors are asking for exemptions from bigger tax bills. Almost 8,300 homeowners successfully applied for Toronto's property tax increase cancellation program in 2023.
Debt forcing more young Canadians to move back home
The 2024 Consumer Debt Report published by The Credit Counselling Society says one-in-five young Canadians has moved back home with their parents; and another one-in-five is considering making the move soon.
PQ proposes first-time homeowners mortgage-rate rebate
Parti Québécois Leader Paul St-Pierre Plamondon says he wants his party to address the generational inequity faced by young, first-time homeowners in Quebec, with a series of measures aimed at improving access to the province’s residential real estate market.
Cape Bretoners show big interest in tiny homes
A Cape Breton builder says there’s big interest in tiny homes. River Ryan Lumber Ltd. owner John Gatza said he’s been overwhelmed by the response after he recently announced that his business will begin building tiny homes in Cape Breton.
A split market in Ontario cottage country: Muskoka realtor
It’s really a tale of two markets in Ontario cottage country according to John Fincham, broker, Re/Max Parry Sound Muskoka Realty. He described a selloff in the Ontario cottage markets, while the luxury market is a different story.
Vancouver's short-term rental fee was bumped to $1K
The new $1,000 fee for a short-term rental business licence in Vancouver has been in effect for more than a month now at the same time as the city has seen a slight drop in applications from homeowners.
B.C. mayor calls for exemption to new short-term rental law
Parksville Mayor Doug O’Brien says custom-built, short-term rental suites in his community should be exempt from principal ownership rules under B.C.’s Short-Term Rental Accommodation Act, while attending the first day of the Union of B.C. Municipalities Housing Summit.
Muskoka Lakes closer to licences for short-term rentals
The Township of Muskoka Lakes is moving one step closer to clamping down on short-term rentals like Airbnbs and VRBOs in the area by requiring cottage owners to apply for a licence allowing them to rent their properties.
Airbnb Q1 revenues exceed forecast on international travel
Short-term rental company Airbnb forecast first-quarter revenue above Wall Street estimates as it expects a boost from strong cross-border travel and longer-duration bookings. International travel demand is expected to remain strong this year as global air connectivity increases.
Investors see opportunity in stigma-prone manufactured housing
One of the most stigmatized segments of commercial real estate is attracting a new calibre of investors as America’s affordability crisis deepens. Manufactured housing, more commonly known as mobile homes, has quietly become a darling for investors in last decade.
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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