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Tridel showcases efficient, electrified condo at The Well

3 weeks ago

Tridel showcases efficient, electrified condo at The Well

An electrified, low-carbon condo unit at The Well is a window into a more sustainable style of living, studded with features that developer Tridel may make the norm across its future developments.

GTA home sales continue post-rate cut surge: TRREB

Greater Toronto Area (GTA) home sales jumped again last month on a year-over-year basis, as the Toronto Regional Real Estate Board (TRREB) says lower borrowing costs made properties more affordable for buyers.

Ontario industry group recognizes top home builders

Ontario's Quinte Home Builders’ Association has given out its annual Awards for Construction Excellence. Davis New Homes & Developments was named builder of the year, Tobey Developments won developer of the year and renovator of the year was Alair Homes.

Home builders are only part of the solution to housing crisis

Canada’s affordable housing crisis is a complex issue driven by a multitude of factors that include high inflation, rising interest rates in recent years, a rapidly growing population and simply not enough homes that fall within the definition of affordable.

Calgary sees 'significant' shift in supply levels in November

The Calgary Real Estate Board says November home sales remained on par with last year’s levels, but noted a “significant shift” in supply. Inventory levels rose to 4,352 units in November, up from 3,000 units reported during November 2023. 

Vancouver home sales jump in November: GVR

Greater Vancouver Realtors (GVR) said the number of homes that changed hands in the region increased 28.1 per cent on a year-over-year basis in November, as buyers continued to take advantage of a relatively balanced market.

Toronto considers down payment help for higher earners

The City of Toronto is proposing to loosen its affordable home ownership rules to offer assistance to higher-income households — as city hall has repeatedly fallen short of its own targets for getting families into lower-cost homes.

Real estate’s season finale may see a plot twist

Canada's real estate market traditionally tapers off in December, but the transition may be more quirky than smooth this year as new rules for buyers looking to purchase in the $1M to $1.5M range come into effect.

If we treated condos like stocks, they’d have a ‘buy’ rating

COLUMN: You’ve heard about buying low in the stock market, right? The same applies to other assets, including real estate. Buying at depressed prices helps position you well for an upturn, but you have to be OK with near-term declines.

Windsor, mayor name-dropped for housing criticism

The City of Windsor and its mayor have been picked out as egregious examples of municipal housing missteps by a prominent expert in the field and author of a recent report identifying poor building performance in Ontario.

The enduring myth of the house flipper

Just over three per cent of residential properties sold in B.C. in 2021 were owned for less than a year before being resold. Not only is the prevalence of “flipped” sales low, but their economic profits were negligible.

U.S. mortgage rates drop to lowest level since mid-October

U.S. mortgage rates have declined to the lowest level since mid-October and spurred a financing flurry for home purchases during the week that included the American Thanksgiving holiday. 

Industry Events