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Development, home-buying models need change to repair B.C. market
Development, home-buying models in B.C. need change
The B.C. provincial and federal governments are right to be looking for solutions to B.C.'s housing market troubles, but the condo bailout plan is flawed, says the leader of a housing company based in Port Alberni.
The condo presale model, unique to Canada, isn’t working.
One of the biggest hurdles to kick-starting new condo construction is the need to sell a majority of the units before constructions starts — a model unique to Canada. Industry leaders say it doesn’t have to be this way.
New condos drive Toronto's first sales increase since 2023
New condominium sales in the Greater Toronto and Hamilton Area posted their first annual increase in nearly three years last quarter –– a rebound driven by buyers snapping up completed units. But pre-construction demand still awaits a revival according to Urbanation.
Condo investor sues developer after B.C. bankruptcy
Behind the spectacular collapse in 2023 of Vancouver developer Coromandel Properties — leaving $700 million in debt spread over 16 properties — lies allegations of a massive fraud by Coromandel’s CEO against a Chinese investor he befriended.
New home construction in Calgary, Edmonton is slipping
Developers in Alberta’s major cities are building fewer homes than last year yet one homebuilder says the market still hasn’t caught up with demand brought on by waves of newcomers to Alberta and population growth over the past several years.
GTHA housing policies diverge from buyer preferences
Most homebuyers in the Greater Toronto and Hamilton Area (GTHA) prefer ground-related housing, such as single-detached and semi-detached homes, townhouses and stacked townhouses, yet land-use planning policies have favoured denser apartment construction for much of the past two decades.
No break on variable-rate mortgages while fixed rates ease
Borrowers with variable-rate mortgages may not have caught a break last Wednesday with the Bank of Canada holding its key rate, but those seeking fixed-rate mortgages have seen interest rates come down in recent weeks.
A blueprint for scalable affordable housing in Ontario
According to John Fox, partner in Robins Appleby and a leader in the firm’s Affordable and Social Housing Group, the federal and provincial investment of $41M in two Oshawa housing projects offers a potential blueprint worth studying.
Profits from renting cottages are not what they seem
When Orysia Sozanski purchased the property next door to her cottage, renting it out wasn’t part of the plan. The idea was to create more space for visiting family and eventually move into the second cottage. Then, interest rates climbed.
Senior co-op restrictions on family members allowable
A housing co-op reserved for people 55 or older can make rules restricting joint membership based on familial relationships without offending the provincial Human Rights Code, the B.C. Human Rights Tribunal decided.
Will Canmore’s vacancy tax help solve its housing crisis?
Implemented in May, the vacancy tax applies a 0.4 per cent surcharge to underused residential properties whose owners’ primary residence is located outside of Alberta
Kimberley, B.C. is under a wildfire evacuation alert
The entire City of Kimberley has been placed under an evacuation alert as an out-of-control wildfire burns west of the East Kootenay community. The alert covers all properties within Kimberley’s municipal boundaries, affecting roughly 9,000 people.
Industry Events
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Canadian Apartment Investment Conference
Sep 09 2026
Metro Toronto Convention Centre, North -
RealREIT
Sep 16 2026
Metro Toronto Convention Centre, North -
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Sep 17 2026
RBC Convention Centre, MB -
Québec City Real Estate Forum
Sep 29 2026
Québec City Convention Centre -
Ottawa Real Estate Forum
Oct 20 2026
Rogers Centre, Ottawa
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