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Willowdale, Empire, Precedent: A rebrand for changing times

3 weeks ago

Willowdale, Empire, Precedent: A rebrand for changing times

Willowdale Asset Management and one of its portfolio companies have undergone some big structural changes. Willowdale is now owner and manager of six portfolio companies, while Empire Continental Land has been rebranded as standalone entity Precedent Land Company.

Housing market poised for 2025 comeback

Heading into 2025, economists and real estate agents believe activity is poised to remain strong amid much lower borrowing costs and more favourable rules for buyers, despite an overall challenging affordability picture.

Why zoning reform won’t solve the housing crisis

In the current housing crisis, zoning is often singled out as a major obstacle to building affordable housing. Restrictive urban planning regulations are said to limit the supply of new housing and drive up prices and rents in the process.

As building ramps up, advocates urge more accessibility

Amid a housing crisis that has Canadian policymakers and developers scrambling to bolster supply, those living with disability are urging leaders to enshrine accessibility into more newly built homes than the country has historically seen.

B.C.'s new 20% home-flipping tax takes effect Jan. 1

British Columbia’s new home-flipping tax will take effect on Jan. 1. Essentially, this tax applies on the income generated from the sale of a residential unit that was owned for less than 730 days - or two full years.

Laneway housing has finally popped up in Toronto’s Rosedale

Observers have long wondered, would areas of Toronto like Rosedale, seemingly prime for such housing density with its larger lots, lush park space, proximity to downtown amenities and access to transit, really welcome more neighbours? 

Quebec municipalities brace for new flood zone maps

Officials in some Quebec municipalities ravaged by past flooding say they fear possible financial repercussions for residents as the province prepares to introduce new flood maps that would greatly expand areas deemed at risk.

Little homes could become a big thing in Manitoba

Hidden away in Brandon sits a tiny neighbourhood of little houses that take up just over a block in Manitoba's second-biggest city. Dubbed 235 Glen Ave., the development has 21 houses, all under 920 square feet.

‘Tinder of construction’ keeps building waste out of landfills

Gil Yaron barely contains his excitement when asked to describe his non-profit venture to convince construction companies, developers and renovation contractors to recycle tonnes of building material waste on Vancouver Island.

Homebuyers made payment 9 minutes late, it cost them $113K

OPINION: When a home purchase agreement has a “time of the essence” clause, time-specific deadlines in the contract will be strictly construed and there is no wiggle room for interpreting otherwise.

If I rebuild and sell my residence, will I pay capital gains tax?

Here are some things to be aware of so as not to get in the crosshairs of the Canada Revenue Agency when renovating your home sometime in the new year.

U.S. pending home sales hit highest level since early 2023

Pending sales of U.S. homes increased for a fourth month in November to the highest level since early 2023. A National Association of Realtors measure of contract signings rose 2.2 per cent to 79, the highest since February 2023.

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