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Premier tackles B.C.'s housing crisis problems, solutions at ULI
Premier tackles B.C. housing crisis problems, solutions at ULI
Housing is an interconnected set of challenges often beset by unintended consequences, British Columbia Premier David Eby said during a visit to an Urban Land Institute (ULI) B.C. gathering in Vancouver last week.
Canada's housing market in holding pattern: CREA
The Canadian Real Estate Association (CREA) says the number of homes sold in August fell compared with a year ago as the housing market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
Toronto real estate market heating up after rate cuts
Since the Bank of Canada’s three consecutive interest-rate cuts in June, July and September, Toronto realtors have noticed an increase in phone calls and showings from buyers who have been on the sidelines waiting for rates to drop.
124 new charges laid against Toronto home builder
Ontario's Home Construction Regulatory Authority has laid 124 new charges against Toronto home builder Albion Building Consultant Inc. and its five business associates, accused of constructing and selling homes without a licence.
Vaughan Block41 shows difficulty of building GTA housing
Over the past five years, this plot of land north of Toronto has been the subject of significant intervention from local and provincial governments, intended to both speed the development process, and open up more land for housing.
Toronto modular home project is rotting in a warehouse
Willowdale Manor, a Toronto Community Housing Corporation site on Cummer Avenue, has been at the centre of a years-long battle over plans to build a 59-unit lowrise modular housing facility on the neighbouring green space.
Edmonton approves automated development permits
Edmonton is introducing an auto review process for housing development permits in the city. The new digital tool will allow people to apply for a development permit, which will also allow them to begin building on the same day.
B.C. touts opening of nearly 100 new rental homes
British Columbia is touting the opening of a new rental complex in Victoria, which features nearly 100 new rental homes, many of which are geared toward “low to moderate income” earners.
How walkability shapes real estate in Canada’s major cities
Whether you’re in Calgary, Winnipeg, Vancouver or Toronto, walkability plays a key factor in the real estate market. And while there are differences between each city, at least one expert sees this as a wholly Canadian issue.
Is stretching your mortgage to 30 years a good idea?
As of Aug. 1, the federal government began allowing 30-year amortization periods on insured mortgages for first-time homeowners who purchase new builds with less than 20 per cent down. The main attraction is a smaller monthly payment.
Lenders are now more inclined to pass on the savings
Mortgage rates are falling, but why? Simply put, lenders' costs to fund mortgages have nosedived to multi-month lows. Lender profit margins are now pleasantly plump — enough so to share the savings with Joe and Jane Borrower.
What are the best mortgage rate tracking websites?
Rate sites are the most important mortgage shopping innovation since the invention of the internet. But rate sites aren’t all created equal. Knowing each site's quirks is key to scoring not just a great rate, but a phenomenal one.
The housing sector needs a renovation
OPINION: Canada needs a lot more housing – but the construction industry is a sinkhole of stagnant productivity. Devoting more resources to new homes could worsen the country’s already-bleak economic performance.
Ottawa home sales climb in August: OREB
The Ottawa real estate market saw increased activity in August, with 1,100 homes sold, the Ottawa Real Estate Board (OREB) reports. This marks a 10.2 per cent rise compared to August 2023.
Strong fall real estate market forecast for Niagara
In its fall housing market outlook, Re/Max said Ontario's Niagara region is expected to finish the year with a two per cent bump in its price point and a three per cent rise in total sales.
Have building owners been given green light to inflate rents?
OPINION: Advocates are raising the alarm that B.C.’s Residential Tenancy Act puts tenants at risk of disastrous rent increases. The Act allows building owners to increase rents above the allowed 3.5 per cent per year in certain circumstances.
Downsizing to an upgraded basement
In the course of transforming her basement into a vibrant, airy income suite, Yvonne Crezel had a novel thought: Why not rent out the main space in her four-bedroom home in Toronto’s Beaches neighbourhood and downsize to her own basement?
When do ‘defects’ have to be disclosed in a home sale?
COLUMN: Form 299, entitled Seller Disclosure Latent Defect(s), was introduced by the Ontario Real Estate Association earlier this year. It is so wrong that it's bound to get agents, buyers and sellers who use it entangled in needless litigation.
China new home prices fell at fastest pace in over 9 years in August
China's new home prices fell at the fastest pace in more than nine years in August, official data showed on Saturday, as supportive measures failed to spur a meaningful recovery in the property sector.
Singapore home sales plunge again due to lack of supply
A brief recovery in Singapore new home sales ran out of steam as transactions fell to their lowest level since February. Sales of new private homes dropped to 208 in August, down about 47 per cent from a year ago.
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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