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Argo to develop 'trophy' Oakville land with low-, mid-rise housing

2 weeks ago

Argo to develop housing on 'trophy' Oakville land

A 26.4-acre property in Oakville, Ont. called a coveted “trophy asset” has been bought by Argo Development Corporation, where it plans to build low- and mid-rise housing.

How U.S. tariffs could hit Canada’s housing market

A looming trade war with the United States could be “problematic” for Canada’s housing market, industry experts warn, potentially driving up construction and renovation costs on both sides of the border.

U.S. homebuilders brace for soaring construction costs

While the effects of U.S. President Donald Trump’s 25 per cent tariffs on a sweeping range of Canadian imports are widely discussed, their impact on Americans is often overlooked, especially by policymakers south of the border.

Housing costs limiting population mobility across Canada

Canada Mortgage and Housing Corp. (CMHC) says high housing costs are restricting population mobility in the country, as Canadians are finding that it’s too pricey to buy or rent in cities where they seek jobs.

Toronto vs. everybody: A growing housing market divide

At the end of 2024, Canada’s housing market showed stark regional differences, BMO director and senior economist Robert Kavcic noted in his monthly Canadian Housing Monitor. Ontario remained sluggish while markets in many other provinces pushed toward new highs.

Developer’s Greenbelt urban expansion pitch raises eyebrows

A Toronto developer’s pitch to expand Hamilton’s fixed urban boundary to build homes in the Greenbelt has city officials perplexed. The Greenbelt is off limits to development, despite recent flip-flopping on the two-million-acre belt of protected natural and farmland.

Metro Van. reviews dev. charges for ‘inclusionary’ housing

Metro Vancouver is considering waiving development cost charges (DCCs) for below-market rental units built by private developers and transferred to non-profits upon completion. Currently, the district does not waive DCCs if non-profit housing units are delivered by a private entity.

Rate cuts drawing buyers back to variable-rate mortgages

The Bank of Canada’s latest interest-rate cut is expected to bolster demand for variable-rate mortgages as homebuyers feel safer gambling on rates remaining low. Variable-rate mortgages accounted for 25 per cent of all new bank mortgages as of November.

Celebrity-backed home projects, a trail of unhappy customers

VIDEO: A long list of customers with home build and reno nightmares shows that even though celebrities including Mike Holmes and former CFL player Graeme Bell make the pitch to trust them, there is little accountability when things go wrong.

Edmonton's luxury real estate looks bright for 2025

Edmonton is coming off a strong year for luxury home sales, providing plenty of optimism for the segment heading into 2025. Last year saw 561 luxury sales, marking an increase of about 47 per cent year over year.

Edmonton property assessments soar, puzzling owners

Edmonton’s property assessments were sent out in early January, leaving some property owners questioning the leap in price of the value of their home. Despite the warning, some have found the value of their homes hasn’t just jumped, but soared.

Modular design selected for Collingwood apartment project

The development of town-owned properties at 29 and 45 Birch St. was one of Collingwood's top projects on the list for 2025. This proposed affordable housing redevelopment project was identified to go ahead using modular construction methods.

Govt. action needed to help affordable housing: Economists

OPINION: Vancouver has built a ton of housing and yet prices have not dropped. The way things are, they won’t drop, unless government changes course and creates policy designed to slowly turn the ship around, according to economists.

Cheapest house for sale in Van. includes rental suites

It’s no secret that affording a home in Vancouver is difficult, with detached houses falling outside most buyers' budgets. The cheapest detached house in Vancouver right now is 1827 Pandora St., and it’s asking just under $1.3 million.

Five Toronto-area homeowners tried to ditch natural gas

Enbridge Gas has a monopoly on distributing natural gas in Ontario and serves 3.9 million customers. The company does not make money from selling natural gas but through monthly customer charges and new hookups, creating an incentive for customer retention.

B.C. realtor ordered to pay $286K over misconduct

A former B.C. realtor whose professional misconduct was described by a judge as “repugnant” has been ordered to pay his former clients $285,800 after redirecting investment funds for the purchase of his own home.

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