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RESCON files legal challenge against Toronto Green Standard
RESCON files legal challenge against Toronto Green Standard
Residential Construction Council of Ontario (RESCON) is challenging the Toronto Green Standard (TGS), filing a legal application in the Ontario Superior Court of Justice that argues its performance measures should not be imposed on planning applications.
Bank of Canada trims 50 BPS, takes interest rate to 3.25%
The fifth consecutive rate cut by the Bank of Canada, 50 BPS to an overnight interest rate of 3.25 per cent, will likely stimulate homebuying in 2025. But insiders expect many condo buyers to remain on the sidelines - for now.
More houses being built in Alberta despite labour shortage
Amid a skilled labour shortage and a population boom, Alberta's construction industry is having to get creative to meet the ongoing demand for housing in the province, some homebuilders say.
Gov't-owned land: An opportunity we can’t afford to miss
COLUMN: In cities across Canada, government-owned land represents an immense, untapped opportunity to deliver much-needed housing, and much more than that, writes architect, urban designer and urban planner Naama Blonder.
Toronto's 2024 post-mortem: price drops and flat sales
According to Wahi’s 2024 Housing Market Snapshot, Toronto's early hopes for a spring rebound fell flat. Although rate cuts in the latter half of the year sparked some signs of life, they weren’t enough to drive meaningful growth.
Canada doubles loan limit for secondary suites to $80K
VIDEO: In advance of next week’s delayed Fall Economic Statement, the federal government announced measures to “make it easier” for homeowners to add secondary suites to their homes, doubling the dedicated loan program to $80,000.
Buyers, sellers cautious in generally ‘horrible’ condo market
In Toronto's resale condo segment, a combination of interest rate decreases and depressed prices is drawing more interest from buyers, but industry players caution that weighty inventory will prevent sales and prices from taking off.
How long before $1M condos are the norm?
The average condo price in Vancouver could reach $1 million in six years, followed by Toronto and Halifax in seven years, according to real estate company Zoocasa Inc., which used data from the Canadian Real Estate Association.
Making housing more affordable while meeting climate goals
COLUMN: Even if we ramped up housing production to meet demand, there’s still the question of how we can reconcile the need for rapid development with Canada’s climate goals, writes Minto Group CEO Michael Waters.
Blanket rezoning led to new row houses across Calgary
After Calgary city council's blanket rezoning was approved in May, planners received a wave of nearly 190 row house and other low-density applications. There were only 21 of these kind of applications during the same period last year.
Ontario’s real estate boards must evolve or step aside
OPINION: The core value every Ontario real estate board used to offer — exclusive MLS access — is now a standard feature across (most of) the province. So the question becomes: what else do boards offer, and is it worth the price?
National rent prices decline YoY to 15-month low: report
A new report from Rentals.ca and Urbanation says average asking rents fell nationally on a year-over-year basis to $2,139 in November, marking a 15-month low. Asking rents were down 1.6 per cent from the same month last year.
Industry Events
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Canada Real Estate Auctions
Jan 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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