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'Accidental landlords' reno Hamilton homes into multiplexes
'Accidental landlords' reno Hamilton homes into multiplexes
Self-proclaimed “accidental landlords” Steven and Sonia Tran are applying their self-taught knowledge of land ownership and redevelopment to transform two century homes in downtown Hamilton into energy efficient multiplexes to meet a need for missing middle housing.
Home prices flatten after falling for five months: CREA
Canadian home prices flattened in February after falling for five straight months, a potential sign the housing market may rebound after last year’s slump. The national home price index, which excludes the highest priced properties, was $719,400 last month.
10 charts show why many can’t afford a home
Let’s say you’re the typical household in Canada and want to buy a home. You earn the median household income of roughly $85,000 a year before tax and you’re looking to purchase an $800,000 home.
Recreational RE market revival in 2024: Royal LePage
According to Royal LePage, the median price of a single-family home in Canada's recreational regions is forecast to increase 5.0 per cent in 2024 to $678,930, compared to 2023, as rising consumer confidence brings sidelined buyers to market.
Recreational property prices up 53% at one Alberta lake
According to the Royal LePage 2024 Spring Recreational Property Report, in 2023, the weighted median price of a single-family home in Alberta’s recreational property market increased 4.7% year-over-year to $1,238,900, compared to 2022.
Saint-Gobain capitalizing on housing shortage in Quebec
Fresh from the purchase of Pointe-Claire-based Kaycan and LaSalle-based Building Products of Canada for more than $2.5 billion combined, France’s Compagnie de Saint-Gobain is working to expand output at its Canadian plants while scouting for additional acquisitions.
Insurance Bureau urges B.C. residents to prepare for wildfires
Small wildfires that popped up over the weekend in the Okanagan are a reminder that fire season is coming. The Insurance Bureau of Canada is advising B.C. residents to check home insurance policies to make sure they have adequate coverage.
'Strobe' lighting on 51-storey Burnaby condo tower
An under-construction condo tower in Burnaby is lighting up in unexpected ways. Neighbours said the flickering lights began Monday night at Gilmore One, a 51-storey tower in development at the corner of Gilmore Avenue and Dawson Street.
Community debates higher-density vs. better amenities
Debate is growing in Vancouver’s Point Grey neighbourhood as a proposed high-density development sparks conversation about increasing housing supply and adding child care. The site was a Safeway grocery store until 2018 and since then has been a community garden.
Saanich may lower parking for new housing projects
Saanich council is considering a bylaw amendment that will reduce the parking requirements for most residential building forms to one stall per unit. Currently most housing forms require two spots per unit, and 1.5 stalls per unit for apartment buildings.
Canada has plenty of good housing ideas
Globe and Mail Editorial: It should come as no surprise that while the likes of Vancouver and Toronto seem to be big, busy cities, they are far less dense within 10 kilometres of downtown than cities like Paris or Tokyo.
Home ownership is turning into a gated community
The belief that real estate is the greatest way to generate wealth has delivered a housing market where only one in three households can afford a property. Rising prices mean more wealth for current owners they can share with family.
5 expensive properties for sale in Victoria, B.C.
PHOTOS: We’re all intrigued by real estate in B.C. It’s quite rare to get a glimpse into the ultra-wealthy in Victoria’s own backyard. So whenever there’s a chance visit the most expensive properties in Victoria, we like to take it.
This dated Toronto bungalow is listed for $4 million
We also know the Toronto real estate market is back on a tear when we see something like this Scarbrough bungalow being listed for a whopping $4 million. Last year, 59 Hill Crescent was listed for $3,888,000.
First-time homebuyers shown navigating market: Houseful
In today's market, every real estate move is a calculated balance of choices and trade-offs unique to every homebuyer. To understand how first-time homebuyers in Canada are making those decisions, Houseful, an RBC company, released its First-Time Homebuyer Trade-Off Survey.
Bank of Canada pause soothes the real estate market
March has brought renewed life to the Toronto-area condo market on the heels of a flurry of single-family home sales earlier in the year. But while buyers seem to be more optimistic, they're keeping a close eye on their finances.
U.S. settlement could impact Canadian housing markets
The U.S.-based National Association of Realtors recenlty agreed to pay $418 million US to end legal claims from home sellers that argued the group artificially inflated real estate commissions raising hopes that Canadian home sellers will similarly benefit.
Real brokerage agent survey reveals optimistic outlook
The Real Brokerage Inc.,a fastest-growing, publicly traded real estate brokerage, announced the results of its February 2024 Agent Survey for Canada and the U.S. The survey reveals a resilient optimism and highlights a prevailing sellers’ market.
Home flipping plummets across U.S. in 2023 as profits slump
ATTOM, a curator of land, property, and real estate data, released its 2023 U.S. Home Flipping Report, which shows that 308,922 single-family homes and condos in the United States were flipped in 2023, down 29.3 percent from 436,807 in 2022.
Baltimore wants to sell vacant homes for $1 each
Baltimore plans to sell about 200 city-owned vacant properties to residents who commit to repairing and living in them for $1 each in an attempt to revive neighborhoods that have been plagued by crime and disrepair.
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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