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Landa buys Vancouver foreclosure site, plans boutique condo
Landa buys Vancouver foreclosure site, plans boutique condo
Landa Global Properties has been finding opportunity in the Metro Vancouver forced-sales market. The Vancouver-based developer recently finalized the acquisition of a development site at 2465 West 41st Ave. in Kerrisdale.
Regional gains in new housing construction in 2024
Canada's housing market saw a modest increase in the number of housing starts, or new home construction, in 2024. Canada Mortgage and Housing Corporation said housing starts totalled 245,120 last year, up from 240,267 a year earlier.
Vancouver’s glut of luxury condos a potential opportunity
Well-heeled buyers may want to consider snapping up luxury condominiums in Vancouver, where growing inventory, lower prices and falling interest rates have created an investment window, according to Sotheby’s International Realty Canada.
Edmonton approves over half of permits for housing target
Edmonton approved enough residential permits last year to construct more than half of the homes it wants to build before the end of 2026, including nearly all the permits needed to reach its missing middle housing target, according to city.
Trump tariffs loom over B.C.'s real estate market
The B.C. Real Estate Association said the province's housing market finished 2024 on a strong note, setting the stage for a balanced and steady 2025, but looming threats of tariffs from south of the border could disrupt this stability.
Housing market in 'prolonged period of consolidation'
By most projections, the Canadian housing market is expected to see modest sales and price gains in 2025, but “it’s still a long way back to the 2022 highs,” according to BMO senior economist, Robert Kavcic.
Toronto preconstruction condo prices fall
Preconstruction condo prices fell 15 per cent in the Toronto region in the final quarter of 2024, as sales plunged to their lowest level in nearly three decades and a glut of unsold units hit a record high.
Ottawa new home sales jump 75% in December
According to the Greater Ottawa Home Builders’ Association's Ottawa New Home Market Report, 243 new homes sold in December, a 75 per cent increase compared to the same period last year.
Are development charges a barrier to homeownership?
Development fees are charged to developers and passed on to homebuyers and cover everything from water and sewer expansions to sidewalks and recreational facilities. Three-quarters of respondents of an Ontario Real Estate Association survey strongly support reducing municipal development charges.
Key trends to watch in Canada's housing market in 2025-2026
VIDEO: Ross McCredie, president and CEO at Sutton Group Realty Services, talks to BNN Bloomberg about significant trends to monitor in the Canadian housing market for the years 2025 and 2026.
A mortgage for the variable-rate curious
People are starting to load up on floating-rate mortgages again, and events in the weeks to come will either crown them as geniuses or confirm their membership in the “What was I thinking?” club.
Riding the wave of Toronto's recent rental construction boom
With more than 16 projects completed or underway, Wes Myles, president of developer and private REIT Clifton Blake, said the company plans to bring about 550 new purpose-built rental units to market in the next 18 months.
Industry Events
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Canada Real Estate Auctions
Feb 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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