Recent Articles
Sourcing Canadian amid tariff war is doable: Developer AB Wall
Sourcing Canadian amid tariff war is doable: AB Wall
The developer of a major residential community in Abbotsford, B.C. says nearly 80 per cent of its construction materials and installations are being sourced domestically, and that’s a figure most others in the industry should be able to match.
Builders blindsided by blocking of popular mortgage scheme
Canada Mortgage and Housing Corporation has moved to block investors from trying to bundle single-family home purchases to access cheaper mortgages. Some say the change may mean millions of dollars of planned housing will struggle to find financing.
U.S. tariffs to slow pace of homebuilding in Canada: CHBA
An expected slowdown in the economy tied to tariff impacts could hold the national housing market back, dragging down housing starts, according to Kevin Lee, the CEO of the Canadian Home Builders’ Association.
Trade war will raise price of new homes in Canada and U.S.
U.S. President Donald Trump’s tariffs will make new homes more expensive and delay construction. The Canadian and American economies are so integrated that the tariffs will also impact American housing prices, the president of the Residential Construction Council of Ontario, said.
A 'bucket of cold water' on Toronto-area real estate market
Toronto-area home sales plummeted in February and new listings jumped as buyers remain on the sidelines amid the U.S. trade war. Sales dropped by more than 27 per cent year over year, according to the Toronto Regional Real Estate Board.
B.C. housing starts fell in 2024, trade war could make it worse
Housing construction in B.C. has slowed down more than the provincial government’s earlier projections, and the trade war with the U.S. has industry leaders skeptical about prospects for a quick rebound.
Vancouver-area home sales fall in February
Greater Vancouver home sales totalled 1,827 in February, down 11.7 per cent on a year-over-year basis and 28.9 per cent below the 10-year seasonal average for the month, according to Greater Vancouver Realtors.
Calgary home sales fall as supply continues to surge
The Calgary Real Estate Board says home sales in February fell 19.3 per cent from last year but remained above typical levels for the month, as inventory levels continued to grow substantially.
A hamlet near Edmonton is getting a BIG expansion
Strathcona County Council recently approved the rezoning of nearly 15 hectares of land in Ardrossan, Alta., moving it from agriculture future development to low-density residential and recreational zoning. Over 90 homes are expected to be built.
An entire street of homes in an Alberta town is for sale for $8M
If you wanted to live beside all your friends, now is your chance: an entire street of homes in Blackfalds, Alta. is for sale for $8 million. Twenty-five fully rented bi-level style homes are up for grabs.
Our affordability crisis is ultimately a housing policy failure
OPINION: Despite every kind of tax imaginable — speculation, empty homes, foreign buyers — and billions spent on new housing programs, Canada has been unable to build more homes and thereby reduce, or limit the increases, in the cost of homes.
Vancouver freezes construction of new supportive housing
Vancouver city council has approved a plan to put a hold on any new supportive housing. The plan says the focus will instead be on replacing existing stock and transitioning temporary modular housing into permanent homes.
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