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GTA luxury housing market stays robust despite headwinds
GTA luxury housing market stays robust despite headwinds
The luxury housing market in the Toronto area shows signs of strength despite the overall downturn in housing activity and economic turmoil. Sales of these homes rose significantly in 2024 - 21 per cent higher than in 2023.
Landa acquires Granville St. townhome dev. site in Vancouver
Developer Landa Global Properties has closed on the acquisition a 23,000-square-foot site at 7576 Granville St. in Metro Vancouver for approximately $10.6 million, where it will redevelop the former single-family lots into a collection of townhomes.
B.C. housing innovators striving for faster, cheaper homes
The lagging productivity of Canadian construction has long been a source of frustration for Peter Moonen, national sustainability manager with the Canadian Wood Council. He believes prefabricated timber components can help B.C. and Canada build more quickly, sustainably and cost-effectively.
No more excuses: Why sustainable homes are the future
Making housing more sustainable is increasingly urgent as the effects of climate change become more significant. The federal government estimates that buildings produce up to 17 per cent of Canada’s greenhouse gas emissions, from space and water heating and electricity.
Housing starts slowed in February: CMHC
Canada Mortgage and Housing Corp. (CMHC) says the seasonally adjusted annual rate of housing starts in February slowed four per cent compared with January. Starts came in at 229,030 units for February, down from 239,322 in January.
Halifax improves development approval times by 11 months
A new study from the Canadian Home Builders’ Association (CHBA) concluded that Halifax Regional Municipality has improved its average timeline for development application approval by 11 months, from 20.8 months in 2022 to 9.8 months in 2024.
New housing catalogue requires permitting changes: devs.
The federal government’s rollout of standardized house designs is intended to help cities build homes more quickly and cheaply. But without improvements to permitting by municipalities, they’ll just end up being a book of ideas, some developers warn.
CREA joins national housing coalition to address crisis
As economic uncertainty mounts over escalating trade tensions with the United States, a coalition of organizations including the Canadian Real Estate Association (CREA) is urging governments to include housing in their response.
Laneway suite made Toronto property harder to sell
The laneway home in Jeremy Wilson’s east-end Toronto backyard didn’t have the allure he hoped it would. His listing sat for more than five months and he now says the laneway suite was actually a deterrent for prospective buyers.
N.S. plans to charge non-residents 10% tax to buy property
The association that represents almost 2,000 real estate agents in Nova Scotia is calling on the provincial government to rethink its plans to double the deed transfer tax for non-residents buying homes in the province.
Young homebuyers are stuck with hard-to-sell condos
With lots of properties for sale, little competition and falling mortgage rates, now is a golden opportunity for young Canadians to purchase a house. But the sluggish condo market is throwing a wrench into the plans of would-be homebuyers.
Bigger down payments on order for Calgary homebuyers
Bigger is indeed better when it comes to down payments in Calgary’s now-pricey resale housing market. And a recent study shows just how much more sizable sums can be beneficial to the monthly budget when it comes to mortgage payments.
Industry Events
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Canada Real Estate Auctions
Apr 01 2025
to Dec 31 2025
Canada
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Western Canada Apartment Investment Conference
Apr 22 2025
Vancouver Convention Centre
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Vancouver Real Estate Forum
Apr 23 2025
to Apr 24 2025
Vancouver Convention Centre
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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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TRREB REALTOR QUEST 2025
May 14 2025
to May 15 2025
Toronto Congress Centre
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Edmonton Real Estate Forum
May 27 2025
Edmonton Convention Centre
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