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Maverick honouree leads Sterling Homes' sustainability efforts
Maverick honouree leads Sterling's sustainability efforts
Sustainable housing reduces long-term costs for buyers and ensures builders stay ahead of ever-changing green building regulations, according to Sterling Homes' Kelly Williams, the inaugural Built Green Canada Ambassador Maverick award winner.
Homebuyers in limbo with Ont. homebuilder in receivership
In February 2021, Ryanne Stuart and her husband signed an agreement to buy a preconstruction house from an Ontario builder, Mariman Homes. It was a $1.1-million, 2,600-square-foot single-family property in Pelham, in the centre of Niagara Region.
Home prices could set new highs in 2026: CMHC
The Canada Mortgage and Housing Corporation (CMHC) is forecasting home prices could match 2022 peak levels by 2025, and reach new highs by 2026. Despite an increase in rental housing, supply is not forecast to keep up with demand.
Housing crisis to worsen without major reforms: RBC
The country needs to complete roughly 320,000 housing units annually, an increase of nearly 50 per cent from recent completion levels, from now until 2030, simply to meet new demand that will arise over that period, according to RBC estimates.
All about the fourplex, centre of a federal, provincial fight
When Kyle Knoeck was in university, the Toronto planner lived in the very kind of housing that has now ensnarled Canadian politicians into a multi-billion-dollar dispute — the admired or admonished fourplex.
Fourplexes a niche that could provide housing relief
Not that long ago, “fourplex” was a relatively rare term, popping up mainly in news stories about movie theatres or various disasters befalling people who happened to live in this older form of housing left over from the 20th century.
Toronto multiplex has four units, all for sale
On a tree-lined street a short walk from Pape Village in Toronto, something new has risen from the footprint of a former bungalow. The property now hosts a four-unit condo multiplex, with each residence for sale separately.
Regina six-storey housing policy in second review phase
A second round of proposed zoning changes has been presented to city council which would allow high-rise apartments along major urban corridors in Regina. That falls in line with promises made to secure $35 million in federal funding.
A Calgary solution to housing crisis lies in our own homes
OPINION: Today, Calgary has more than 12,000 approved basement and secondary suites, and thousands of unregulated units. However, it also has more than 275,000 residences that could convert part of their home into a secondary unit.
Frustration, anger over Toronto's bills for vacant-home tax
Homeowners’ frustration and anger at Toronto’s flawed vacant-home tax system boiled over as people lined up, massive bills in hand, desperate to get them cancelled saying they never saw the notice requiring an annual declaration their homes are occupied.
CRA sends postcards on underused housing tax
Canada Revenue Agency has mailed taxpayers about the Underused Housing Tax (UHT) to raise awareness about the federal levy on foreign-owned real estate, which also involves tax-filing obligations for Canadians. However, domestic homeowners are largely exempt from paying the UHT.
Some Canadians skip mortgage payments to fund vacations
Travel agency Flight Centre has conducted a survey through YouGov that revealed 61 per cent of Canadians “are resolute” in their vacation plans this year, choosing to strategically adjust their finances rather than forgoing trips altogether.
Zoocasa reports monthly mortgage costs in Calgary
A new report from Zoocasa found Calgary is the 11th most expensive city in Canada to buy a home, with the average cost coming in at $594,542, concluding that for now the rental market is a better option.
Home ownership in Edmonton lower cost than most cities
The low cost of owning a home makes Edmonton a desirable destination, says the latest CMHC housing market report. The average price of a house in Edmonton remains relatively affordable when compared to other cities like Calgary, Vancouver and Toronto.
Halton Region home prices drop 1.8 per cent to $1.24M
The average price for a home in Halton Region was $1.24 million in March 2024, according to the Toronto Regional Real Estate Board. That’s down 1.8 per cent, or $22,713, from February 2024.
Durham Region home prices jump 1.9 per cent to $936,166M
The average price for a home in Durham Region was $936,166 in March 2024, according to TRREB. That's up 1.9 per cent, or $17,149 from February 2024, and up 1.1 per cent, or $10,024, from March 2023.
CMHC gave out $27 million in bonuses in 2023
CMHC is raising eyebrows after it was determined that the federal corporation gave out $27.2 million in bonuses last year. The Canadian Taxpayers Federation found 98 per cent of CMHC employees received bonuses in 2023.
$4 million lakeside home in Shawnigan Lake hits market
A picturesque $4-million property on Vancouver Island has just hit the market. With 200 feet of pristine modern waterfront on a 1.52-acre lot on West Shawnigan Lake, this home embodies the dream Vancouver Island residence.
U.S. housing market bounces back in Q1
New U.S. home construction bounced back sharply in February from weather-related weakness early in 2024, as builders benefitted from slightly more favourable mortgage rates. Housing starts increased 10.7 per cent compared to January, to a 1.52 million unit annualized pace.
Rental-protection funds stem vanishing supply of units
According to U.S. research, preserving affordable housing in expensive urban markets can be between 50 and 70 per cent cheaper than the cost of new construction, and non-profit housing operators keep rents lower for the long term.
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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