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Brightstone preps to build 5 new GTA housing projects
Brightstone preps to build 5 new GTA housing projects
Brightstone Developments burst onto the Greater Toronto Area development scene in July 2021 with Fairfield Towns. Fast forward a few years and Brightstone is employing a familiar philosophy with plans to launch five GTA communities in 2025.
To meet housing goals, builders will have to double output
From now until the end of 2030, if houses were built with the 2019-to-2023 average number of housing starts-per-worker, there would be just 2.13 million housing starts. That’s 1.74 million short of Canada’s housing plan goal.
Home sales growth expected to continue, but tempered
October’s soaring growth for resales in Canada’s housing market is unlikely to continue, a new report suggests. According to RBC Economics, the 7.7 per cent jump in sales in October from September is likely unsustainable in the near-term.
Investors have fled preconstruction condos
With preconstruction condo units no longer soaring in value every year and rent no longer covering the cost of owners’ loan payments and other expenses, many investors say they have no plans buy more units.
Over 40% of Vancouver residents prefer single-family homes
A new survey by Metro Vancouver finds that more than 40 per cent of homeowners across the region still prefer single-family homes, but those preferences are shaped by income and the number of times they have moved in recent years.
B.C. shared-equity housing plan brings hope, skepticism
The B.C. government is offering an affordable home-ownership program that would see the province providing a second mortgage for 40 per cent of a home's cost, payable after the buyer sells or has lived there for 25 years.
Mortgage borrowers will pay for gov't GST cuts, rebates
COLUMN: While our government’s playing Robin Hood with borrowed money, homeowners are getting stuck with a bill that makes stimulus cheques look like dinner money. If you’re in a variable mortgage, the government handouts could pick your pocket in 2025.
What does affordable housing really mean?
MP Mike Morrice is calling on the federal government to adopt consistent criteria for what constitutes affordable housing. Morrice said the Canada Mortgage and Housing Corporation uses widely differing affordability criteria for people to qualify for the funds.
London considers opening up more land for development
In the midst of a housing crisis, London, Ont. city council will consider expanding the areas where residential development is permitted by adjusting a boundary line in place to stop urban sprawl.
Innovative tech must come with housing policy reform
OPINION: Fixing Canada’s housing issues requires a multifaceted strategy beyond funding innovative construction technology. A holistic solution must include policy reforms that bridge the gaps between federal and provincial governments, the industry and other stakeholders.
U.S. new home sales slump to 2-year low
Sales of new homes in the U.S. slumped in October to the lowest in almost two years, as two hurricanes hit the South and affordability challenges continued to weigh on buyers.
China home sales drop again
The value of new home sales from China's 100 biggest real estate companies dropped 6.9 per cent from a year earlier to US$50 billion, reversing a 7.1 per cent gain in October, according to China Real Estate Information Corp.
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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