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Development land for sale for Ottawa TOD Falcon Ridge Village
Dev. land for Ottawa TOD Falcon Ridge Village for sale
A vision for a 15-minute walkable community underpinned by a light rail transit system is behind the proposed 163.5-acre Falcon Ridge Village community in Ottawa, aimed at meeting growing demand for housing in Canada’s capital.
B.C. gov't to create standardized designs for small homes
To reduce design, planning and construction costs, simplify the process and shorten project timeline, the B.C. government will create standardized design templates for new small-scale homes in multi-family buildings on single-family lots including townhomes, multiplexes and laneway homes.
Kelowna is to increase density near transit, and keep the car
City of Kelowna staff are working through planned provincial legislation that could reduce parking allowances in new housing around transit hubs that would allow for more density within a specified distance from transit hubs and transit corridors.
Affordable housing removed from new B.C. townhouse dev.
There will be no affordable-housing component in an 18-unit townhouse project planned for the 900-block of Foul Bay Road. Victoria council has endorsed removing a covenant developer Aryze had with the District requiring four units of affordable housing.
Federal government to crack down on short-term rentals
New federal legislation is expected to make it less lucrative for people with short-term rental properties. Property owners in areas that already restrict short-term rentals will no long be able to claim their rental expenses against the income they make.
Billions for housing expected in federal fiscal update
New measures will include $15 billion for 10-year loans for new rental housing construction, a $1-billion fund dedicated to getting more affordable housing built, and new mortgage rules for lenders dealing with homeowners at risk.
Ottawa urged to address erosion of affordable housing units
The federal government's programs in the $70-billion federal housing strategy focus predominantly on new construction, which housing analysts say increases the supply of more expensive housing but does little to preserve existing affordable rental stock.
Mortgage growth in Canada the weakest since 2001
Mortgage growth in Canada is the slowest it’s been in twenty years. Residential mortgage credit rose 3.2 per cent from a year earlier, reaching $2.14T in September, the weakest annual rate of growth since 2001, according to Statistics Canada.
Expect a chilly winter for B.C. real estate
Home values in B.C.’s Lower Mainland remained surprisingly resilient through October despite high mortgage rates. However, housing affordability issues have set the stage for a challenging winter ahead for the real estate sector.
Research underway to make wildfire evacuations smoother
Tens of thousands of Canadians had to flee their communities this past spring and summer in the worst wildfire season the country has seen in a century. Now, researchers are working on ways to make the evacuation process smoother.
Inside Toronto’s very first backyard garden suite
Last spring, deluged by six weeks of rain, David Crawford’s backyard was a pit of mud and clay. There was a trench carved down the roughly 150-foot lot, outside the two-bedroom house he and his wife bought last year in Toronto’s Briar Hill-Belgravia neighbourhood. It was nothing short of a mess.
Two homeowners team up on backyard laneway homes
George Emerson had been searching Toronto for a property where he could build a backyard suite when he stumbled upon a pair of semi-detached homes in East End-Danforth that seemed perfect — backing onto a small laneway abutting leafy Norwood Park.
These 4 neighbourhoods are the most charming in Calgary
There are some great neighbourhoods in Calgary – some are perfect for a view (we’re looking at you, Crescent Heights) or walking (Huntington Hills), but some are just unbeatably charming. Here is a closer look at what Calgary has to offer.
Man accused of running $300M Ponzi scheme has vanished
In fall 2022, investors who had poured hundreds of millions of dollars into short-term loans with mortgage broker Greg Martel were nervous. When there were delays in payments and investors started calling for their principals to be returned, Martel balked.
B.C. investor to get $900K mortgage funds back
An unnamed B.C. resident will get at least half of their money back after taking out a $1.75M mortgage on their home and giving the money to a man who went on to use $900,000 for personal purposes.
Homebuyers: take out a mortgage or withdraw investments?
As mortgage interest rates have risen sharply in recent years, more and more people are wondering if they could avoid them by dipping into their savings. Does withdrawing funds from a Tax-Free Savings Account for housing make sense?
Canada’s housing market has 99 problems, and this legal manoeuvre is one
Certificates of pending litigation (CPL) tie up land transactions until the legal dispute is resolved. Any prospective buyer, real estate agent, or lender who does a title search will see the CPL and steer clear of the property.
Live on the water in one of Toronto’s rare floating homes
A rare floating home at Toronto's Bluffer’s Park which was constructed as part of the 2008 Olympic bid is for sale. When the city lost, they were auctioned off to private buyers, Stefanie Carmichael, a realtor at EXP Realty, says.
Canadians who own homes in Florida will find it a lot costlier
Canadian homeowners in Florida face a gathering storm of financial factors that have made buying and maintaining a property more expensive. The newest bogeyman is home insurance which has become more costly and harder to get.
Four Leaf Properties buys Detroit-area MHC
Four Leaf Properties has purchased North Branch Meadows, a 132-homesite manufactured housing community in North Branch, Mich. The pet-friendly mobile home community includes double-wide homesites and, under the new ownership, it will also feature new and pre-owned homes.
Industry Events
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Canadian Home Building Association: National Fall Meetings
Oct 21 2024
to Oct 25 2024
Ottawa, Ontario
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Canada Real Estate Auction
Oct 22 2024
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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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Housing Central Conference
Nov 18 2025
to Nov 20 2025
Sheraton Vancouver Wall Centre Hotel, BC
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