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Manufactured housing 'missed opportunity' to ease crisis: Study

1 year ago

Manufactured housing 'missed opportunity' to ease crisis

A study by the Joint Center for Housing Studies of Harvard University confirms manufactured housing offers a less-expensive alternative to site-built homes, and calls it a "missed opportunity" within the industry.

Mission’s Alma on Abbott a trend-maker and breaker

Mission Group’s six-storey condominium community in Kelowna, B.C., Alma on Abbott, is following one significant trend and bucking another according to its developer.

B.C. orders 60,000 new homes built in next five years

The B.C. government has ordered 10 of the largest municipalities to build more than 60,000 new units of housing over five years — or face consequences. The numbers for net new units follows on an earlier decision to target certain municipalities.

Court approves price-fixing class action over commissions

The Federal Court has allowed a class action lawsuit against seven major Canadian real estate brokerages, the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB) that alleges collaboration in the inflation of brokerage commissions.

Ontario plan to fund GO stations, supports new housing

The Ontario government is proposing a new way of funding GO Transit stations to increase transit service and adjacent housing development. The funds would pay for the new stations with cost recouvery through a Station Contribution Fee on development.

Atlantic Canada's first co-housing project welcomes residents

Treehouse Village in Bridgewater, N.S., has welcomed its first residents. The eco-friendly community offers residents the opportunity to live collectively with their neighbours. It has been under construction since 2021 and scheduled for completion by the end of the year.

Cameron residents fear impact of golf, residential dev.

The Kawartha Bay project proposed by Flato Develoments in Cameron, Ont. in the City of Kawartha Lakes region includes an 18-hole golf course interspersed with 339 seasonal homes, 84 rentals, a clubhouse, restaurant and a refurbished marina. 

Major LaSalle development criticized for loss of green space

It's being hailed as the biggest land use plan in LaSalle's history, with the potential to eventually double the southwestern Ontario town's population. But critics say there hasn't been enough public input on the town's green space.

5 things to know about Edmonton's big zoning renewal

Edmonton is planning a major zoning revamp – the first since the 1960s – that will change the city for decades. It will redraw the map for urban development with a provision for subdivisions for garden suites first considered in 2018.

RBC and the residential real estate monster

I reviewed latest financial results forThe Royal Bank of Canada and compare those to the valuation in the context of the bank's $367 billion exposure to Canadian real estate.

OSFI seeks to rein in ultra-long mortgages

Peter Routledge, who heads the Office of the Superintendent of Financial Institutions, told reporters in Toronto on Tuesday he’s concerned about the prevalence of ultra-long mortgages and that OSFI is working with lenders to stem the ubiquity of such loans.

Ontario sees a jump in riskier private mortgages

The Financial Services Regulatory Authority of Ontario (FSRA), the agency regulating financial services in the province, said more people are turning to sources other than traditional banks for their mortgages, an indication housing costs are hitting home buyers.

141 rental homes coming to East 41st Avenue in Vancouver

Vancouver developer PC Urban has submitted a development permit application to redevelop a land assembly of six single-family houses at 2596-2660 East 41st Avenue into two five-storey apartment buildings.

London politicians get provincial, federal housing mandates

After the resignation of Ontario's housing minister Elgin-Middlesex-London MPP Rob Flack was named Ontario's new associate minister of housing. More recently, London North Centre MP Peter Fragiskatos has been appointed parliamentary secretary to the federal minister of housing.

A historical perspective of the GTA housing market

It is hard to fathom that the average sales price for a detached house in the city was around $300,000 in 2004. Nearly 20 years later, that figure has shot up to around $1.3 million – and rising. How time flies.

Fall cottage market, sales cycle returning to normal: Re/Max

Following the pandemic’s real estate boom, experts at Re/Max say Ontario’s cottage sales market is returing to normal. The average waterfront sales tag in areas like Muskoka, the Kawarthas and Georgian Bay remains at around $1-million.

UBC architecture students strive for Canadian housing justice

Established in 2021, Architects Against Housing Alienation (AAHA) is a national collective co-founded by UBC associate professor of architecture Dr. Matthew Soules. Formed in response to the Canadian housing crisis, AAHA bridges the realms of activism and architecture.

What some international students endure to find housing

Conestoga College student Bd Srinivasan is enduring a lot to stay in Canada. The finance student from India pays $550/month to live in a house with 13 other students. She shares a basement bedroom with two others.

Florida passes N.Y. as second most-valuable housing market

Florida has overtaken New York to become the second most-valuable United States housing market, according to a new study by Zillow.  The total value of U.S. housing rose more than US$2.6 trillion in the past year, defying predictions.

A record share of homebuyers are relocating in the U.S.

A record 26% of homebuyers are looking to move to a different part of the U.S., according to a new report from Redfin. That’s up from 24% a year ago and roughly 19% before the pandemic began.

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