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Minto's Park & Main: Housing for larger, intergenerational families
Park & Main: Housing for larger, intergenerational families
Increasing demand from intergenerational and growing families has sparked Minto Communities to introduce its first flexible housing plans at its Park & Main townhome development in Markham, Ont.
Tarion faces 'largest claim event' as builders walk
Ontario's real estate consumer watchdog says it is facing the "largest claim event" in its history, with the organization expecting to owe more than $90 million to home buyers this year as builders walk away from home and condo projects.
The One, Toronto's troubled $2-billion mega-tower
One of Canada’s most ambitious mixed-use developments, The One was pushed into receivership in October. The planned 85-storey tower at Toronto’s Yonge and Bloor has been beset by delays, financial troubles and allegations of infighting between its principals.
Occupancy fees a growing problem in condo-land
Part of buying a pre-construction condominium is the so-called “occupancy period” – the time between when a new condo buyer receives the keys and when they take actual ownership of the unit. This period is growing longer and more expensive.
$9.3M luxury condo shatters Whistler sales record
According to B.C. realtor John Ryan, this cozy and stunning condo made history as the highest condo sale on record for Whistler. The condo is a 3.5-bedroom and four-bathroom Four Seasons Private Residence in Whistler’s exclusive Benchlands neighbourhood.
 | Residential Landscape Patience the key word for 2024 real estate market recoveryBarbara LawlorPresident & CEO, Baker Real Estate Inc. |
New Broadway condo building coming to Kitsilano, B.C.
Jim Pattison Developments is changing up the southeast corner of the intersection of West Broadway and Balaclava Street in Vancouver’s Kitsilano neighbourhood. A new development permit application calls for the construction of a four-storey, mixed-use building at 3048-3080 West Broadway.
Charlottetown sends 1,700 housing units to public review
Charlottetown residents will soon have their say on 1,700 housing units in three separate city projects. One project alone has single-family homes, townhouses, duplexes and apartments and would result in 1,211 to 1,476 new housing units within a decade.
Why is Edmonton's condo market so weird?
While real estate is heating up across the country, Edmonton has remained mostly stagnant. In fact its apartment-style condos remain some of the most affordable anywhere in Canada. But real estate agents are noticing what may be a big shift.
Condo owners hit with huge bills to replace balconies
Residents of Pond Mills condo complex are getting slapped with $8,800 each in balcony replacement bills, an unexpected one-time cost. Condo owners are being forced to pay thousands of dollars out-of-pocket for balcony fixes after a city hall inspection.
N.B. looks to modular 'Lego' block construction for housing
People searching for a home in N.B. could soon move into a place built in a warehouse and quickly assembled on-site like giant building blocks. The province hopes modular housing will be a key to addressing the housing shortage.
66% of Quebec homeowners plan to renovate
EspaceProprio, unveils the results of its third annual Quebec homeowners’ renovation intentions survey. This major study of more than 1,000 homeowners in the province examines the types of projects planned and anticipated budgets to carry out the work.
Ont. residents turn to non-traditional housing options
Buying property with friends and family has become a trend in the Toronto market in recent years according to new data by Re/Max. It is now just one of a number of types of non-traditional home ownership growing in popularity nationwide.
B.C. housing markets broadly balanced as starts drop off
MLS sales in the province rose to 6,054 units in January, up 4.5 per cent month-to-month, albeit decelerating from December’s gain. This was also 23.6 per cent above January 2023.
Toronto buyers and sellers struggle in an uneven market
A renewed vitality in the Toronto real estate market is leading to rich rewards for some sellers and disappointment for others. Robin Pope, broker with Pope Real Estate Ltd., describes the current action as volatile.
Sidelined homebuyers wait for BoC to cut rates
The rise in Bank of Canada interest rates has forced millions of potential homebuyers to the sidelines. A recent Royal LePage survey found 56 per cent of Canada’s adults have postponed property searches because of higher interest rates.
What happens to markets if interest rates don't drop
The only questions were how soon and by how much would central banks slash their policy rates to the delight of investors and debtors everywhere. Well, you can forget about a rate cut in March – that’s almost certainly not happening.
Ont. embraces client verification measures to combat fraud
New client verification rules for real estate lawyers in Ontario require lawyers who only meet with clients virtually to verify those clients’ identities online. It's good news for the industry, says Tim Hudak, CEO of the Ontario Real Estate Association.
B.C.'s new short-term rental regulations start May 1
Travellers who have made short-term rental bookings in B.C. this summer might want to look at the new regulations which take effect on May 1. The new rules are intended to return short-term rental units to the long-term rental market.
MassHousing, MHIC launch $50M fund for underrepresented developers
MassHousing and the Massachusetts Housing Investment Corp. started a new fund aimed at diversifying the state's housing industry. The partnership will launch the Equitable Developers Fund with $50M in public funding to provide financing to developers from disadvantaged communities.
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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