Renx Homes News Canada (RENXHOMES)
c/o Squall Inc.
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Ottawa, Ontario, K1P 5P6

Realty AI designed to help real estate agents close deals

6 days ago

Realty AI designed to help real estate agents close deals

Realty AI, a smart chatbot specifically designed for real estate agents that uses advanced technology and current market data, has grown significantly since the company launched in January 2024.

As feds push prefab, experts say reality is more complex

The federal government and the housing industry increasingly see prefabrication as a way to accelerate affordable housing construction. But in B.C., experts say the sector faces some practical hurdles because of gaps in supply chains, building codes and procurement practices.

Multiplexes emerge as Toronto’s next supply engine

As condo projects stall and detached homes remain out of reach for many, multiplexes are gaining traction as Toronto’s next supply channel. For a city built on highrise condos, the shift toward “gentle density” requires adjustment from investors, developers, owners and residents.

Managing editor, Don Wilcox to retire from Squall news

Squall has undergone many changes in the past few years, and in May it will undergo one more. Don Wilcox will be retiring from Squall on May 22, leaving the managing editor's role at RENX, Sustainable Biz Canada and RENX Homes.

Developer seeking to restrict density in B.C. neighbourhood

Developer Qualico wants to attach covenants to a proposed subdivision in South Surrey to restrict density in the neighbourhood, even as the B.C. government is pushing for multi-unit developments in traditionally single-family areas.

Canada inches closer to a lost decade for house prices

In real, or inflation-adjusted terms, the benchmark national home price has fallen by close to 30 per cent from its peak in 2022, bringing home prices back to the inflation-adjusted level of nine years ago.

Developers increase perks for potential homebuyers

Canadian real estate developers are finding ways to sweeten the deal for prospective homebuyers. From steep discounts to a year of free mortgage payments, builders are betting that promotions will get skeptical homebuyers off the fence.

Rural Pickering could become home for 72,000 people

Advocates are urging Pickering city council to reject a plan to develop 1,600 hectares of rural land in the city’s northeast district, pending further consultation with First Nations and studies on the project’s environmental impact and cost.

$320K Toronto condo sale 'a deal,' but there's a catch

A three-bedroom Toronto condo sold for $320,000 earlier this month, according to real estate technology company HouseSigma. But there is a catch. The maintenance fees are high, at $1,253 a month, and the layout is less than ideal.

Vancouver condo investors sell and head for the sidelines

Investors who thought buying a Vancouver condo would be a safe bet are doing damage control as they attempt to sell in a market that has fallen off and shows no signs of picking up any time soon.

How 4 new units were squeezed into a Toronto building

What was once a row of nine garages at the base of a 26-unit, four-storey rental building — garages the owner says were mostly used as storage — has been gutted and rearranged as apartments, with a one-bedroom and three studios.

Is it the right time to walk away from your real estate?

Real estate is increasingly pushing Canadians over the edge. Paying down your mortgage and waiting for your $800,000 home to reach $1 million might not make much sense these days, especially once you factor in interest costs.

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