LocationsRecent Articles
Equiton plans new release at Guelph's Marquis Modern Towns
Equiton plans new release at Guelph's Marquis Modern Towns
Location is, indeed, everything in real estate. That’s why Equiton Development has chosen Guelph as the home of Marquis Modern Towns, where it’s unveiling 40 new lots this weekend as part of a 96-unit, upscale stacked townhouse project.
Multifamily residents willing to sacrifice for larger suites
Insights from the simplydbs 2024 Canadian Multi-Residential Satisfaction Study offer interesting perspectives from over 24,000 respondents nationwide on development issues including suite sizes, the need for balconies, building amenities, parking preferences and much more.
Low mortgage rates, low real estate prices about to meet
If you’re a home buyer on the sidelines, take note: we’re about to reach that sought-after period when you can purchase a house in a slower, cheaper market where mortgage rates are at a level you can stomach.
Labour woes mean Canada to miss housing goals: experts
Canada’s plan to boost construction goes in the right direction, but it will be “exceedingly difficult” for the country to build the millions of new houses needed to restore affordability by 2030, according to economists at Desjardins Group (DCP-T).
'Presales' may sound boring, but they have a huge impact
OPINION: Despite scores of building cranes on the Metro Vancouver horizon, reports are emerging that the presale market is floundering because of interest rates, reduced offshore demand, and stagnant condo prices.
Record condo completions lead to oversupply in GTA
Greater Toronto Area (GTA) real estate watchers say the combination of high interest rates and an uptick in new condo units coming online has led to an oversupply that will take time to balance out.
Multi-unit homes can be built to encourage social interaction
At a time when B.C. is pushing for more density and more people are expected to live in multi-unit buildings, Metro Vancouver is considering how design tweaks can encourage “neighbourly interactions” and fight social isolation.
B.C. homeowners need more support to add housing units
The B.C. NDP’s 2023 legislation to gently densify neighbourhoods by allowing up to six homes on a single-family lot could be dead in the water without incentives for homeowners, according to a new report from non-profit group Small Housing B.C.
Rate cuts have yet to budge GTA housing market: RBC
While the Bank of Canada may be lowering interest rates, the move is not having an immediate effect on Canada‘s housing market. Home sales in Toronto have essentially been “standing still,” RBC (RY-T) assistant chief economist Robert Hogue said.
70% of homes in GTA sold below asking in August: report
Good news for homebuyers, 70 per cent of homes in the Greater Toronto Area (GTA) sold for less than the list price in August, according to real estate agency Wahi's August 2024 Market Pulse Report.
Saskatchewan housing market defies national trends
Last month, Saskatchewan reported 1,507 residential property sales, the Saskatchewan Realtors Association (SRA) reports. This was a seven per cent year-over-year decline but over 12 per cent above long-term averages. This is unlike other Canadian markets, according to SRA’s CEO.
Hamilton home sales continue to slump
Home sales in Hamilton slumped to a six-month low in August as buyer demand continued to slip. The Cornerstone Association of Realtors reported house sales fell to 424 last month, a 15 per cent decline compared to last August.
Smaller market rent increases outweigh declines in big cities
A new report from Rentals.ca and Urbanation says August rental rates fell in some of Canada’s largest and priciest markets like Toronto and Vancouver - continuing a months-long trend - but rose in smaller markets like Quebec City and Regina.
Little progress on Canadian housing affordability: survey
The share of households living in unaffordable housing is virtually the same as before the COVID-19 pandemic, according to new national survey data, indicating that four years of government policies had little impact on affordability.
Quebec real estate agents suspended over fake bids
Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes. Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years,
B.C. orders homeowners to explain source of funds
The B.C. government is seeking a court order to compel the owners of three homes and nearly $1.5 million in cash to show they were obtained legally. It's the fourth time B.C. has used its so-called “unexplained wealth orders”.
Toronto indie rock star's home for sale for $4.5M
A three-storey property in Toronto's Trinity Bellwoods neighbourhood, which also includes commercial space in the form of a tattoo parlour and award-winning recording studio, is listed for $4.5 million. The home belongs to Jimmy Shaw from the band Metric.
U.S. foreclosure activity declines in August
August 2024 saw 30,227 U.S. properties with foreclosure filings, down 5.3 per cent from a month ago and down 11 per cent from a year ago, according to ATTOM's August 2024 U.S. Foreclosure Market Report.
Rate drops, more inventory add intrigue to U.S. housing 'offseason'
Lower mortgage rates and rising inventory are giving U.S. home buyers a window of opportunity at an unusual time of year, according to real estate listing site Zillow's August 2024 Housing Market Report.
Generational shifts reshape U.S. housing market: Zonda
Zonda research reveals that 25 per cent of U.S. baby boomers plan to retire near their children and grandchildren — a trend that underscores a significant demographic shift where the younger generation’s migration patterns directly influence those of their parents.
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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