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23:32 Capital acquires 13 Ontario RV resorts: $91M
23:32 Capital acquires 13 Ontario RV resorts: $91M
23:32 Capital has invested $91 million to buy 13 recreational vehicle (RV) resort communities with 2,840 sites in Ontario from Sun Communities, in what is the company’s biggest transaction to date.
Canadian housing starts up more than expected in November
Canadian housing starts rose eight per cent in November, beating market expectations, driven primarily by multi-unit starts in Quebec, Alberta and British Columbia, data released Monday by the Canadian Mortgage and Housing Corporation shows.
Interest rate cut has some T.O.-area homebuyers optimistic
With the Bank of Canada announcing its fifth consecutive interest rate cut since June, homebuyers and industry experts say lower rates are likely to encourage more buyers to enter the market.
New mortgage and down payment rules now in effect
The changes, which were announced by the federal government back in September, include allowing first-time homebuyers and buyers of newly built homes to draw out the length of their mortgages, among other things.
RECO CEO Michael Beard announces retirement
The regulator for Ontario’s real estate industry is preparing for a major leadership change. Michael Beard, CEO of the Real Estate Council of Ontario (RECO), is announcing his retirement effective February 2025.
On the brink: The twin crises of housing and immigration
OPINION: New federal targets aim to reduce immigration levels (from record highs) over the next three years. But those reductions won’t fix chronic, countrywide challenges around housing and health care.
Alberta’s booming rental market braces for change
To meet the demand from a steady influx of newcomers, an unprecedented 30,364 purpose-built rental units broke ground between the first quarter of 2022 and the third quarter of 2024 in the province.
In B.C., a glut of supply could ease affordability
OPINION: In the B.C. housing market, there’s good news for renters and bad news for investors in the year ahead. There will be a continued lacklustre presale condo market which means investor-owners of condos will have to adjust their rents.
B.C. cities turning to AI to speed up housing approvals
Municipalities in B.C. are automating key aspects of their workflow to accelerate approval timelines. With a federal goal of 3.9 million new homes by 2031, the goal is to make interactions with city hall far more productive and user-friendly.
How the powerful psychology of home staging lures in buyers
Home staging is thriving in Toronto despite a real estate downturn as sellers use every trick they can to compete in a sluggish market. Pulling back the curtain, what is it about a staged home that draws in buyers?
China murder reveals alleged $113M Van. real-estate fraud
A B.C. Supreme Court lawsuit involving a wealthy man murdered in China raises questions about some of the ways offshore money has flooded into Metro Vancouver real estate. Several houses in Vancouver and Burnaby are at stake in the dispute.
Canadian new home buyers reveal their top 10 desires
The most recent Canadian Home Buyer Preferences survey produced by the Canadian Home Builders’ Association details what's topping buyers' wish lists heading into 2025. Walk-in closets landed not one but two spots on the list.
Industry Events
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Canada Real Estate Auctions
Jan 01 2025
to Dec 31 2025
Canada
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First Nations Housing Conference
Feb 04 2025
to Feb 06 2025
Valhalla Hotel, Thunder Bay, ON
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2025 ULI Housing Opportunity Conference
Feb 25 2025
to Feb 26 2025
Atlanta, GA
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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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CHBA's Home Building Week in Canada
May 11 2025
to May 15 2025
Victoria, BC
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2025 CFAA Rental Housing Conference
May 13 2025
to May 15 2025
Vancouver, BC
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