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$107M expansion for mass timber manufacturer Element5

16 hours ago

$107M expansion for mass timber manufacturer Element5

A $107-million expansion that will double the mass timber production capacity at Toronto-based Element5 is a response to increasing demand for housing that can be built quickly and affordably across Ontario and for its other markets.

Million-dollar potential, million-dollar headaches

Tear down that mortgage-free house. Build four homes on the same lot, sell three of them and walk away with a million-plus in pre-tax profits. That’s the potential deal available to tens of thousands in B.C. But it’s not happening.

Vancouver approves changes to developer fee regime

The Metro Vancouver Regional District board of directors voted Friday to approve changes to its developer fee regime, which has been criticized by builders who say the fees make it hard to deliver affordable housing.

The next chapter for Re/Max Canada

Re/Max Canada president Don Kottick is refocusing the company on fundamentals while embracing AI and tech to adapt to an evolving real estate market. He emphasizes consistent agent support, regulatory collaboration and restoring public confidence.

Modular BC hopes to create a cross-Canada prefab model

OPINION: Modular BC, a group representing the province’s factory-built modular home industry, is working on standardized plans to deliver modular multiplex housing as a playbook for use across Canada, in an effort to speed up delivery.

Few agree on where to build housing in Montreal

As the Montreal area grapples with a housing shortage, development battles are playing out across the region — in vacant lots, natural areas and stretches of waterfront once considered untouchable. Proposals for new construction are constantly meeting local resistance.

Feds' ambitious housing goal? Forget it, homebuilders say

OPINION: Canada is making no progress increasing housing supply. “If you think we don’t have enough homes, fast forward two or three years, and it’s going to be an absolute catastrophe,” Marlon Bray, EVP of Mississauga-based Clark Construction Management, said.

GTA home prices down 20% from market peak

Home sales are up in the Toronto region compared to 2024, as the normally busy fall market gets underway and prices continue to slide. Average prices have fallen over 20 per cent since the market peak in February 2022.

Can you finally afford to buy a Toronto-area condo?

The average condo sale price in the Toronto area has slumped, hitting a four-year low in July. As of September it sits at approximately $655,000, up slightly from July’s average of $651,000. 

Why these Canadian cities top the U.S. in housing inflation

ANALYSIS: Between July 2005 and July 2025, Vancouver, Montreal and Toronto recorded the steepest home price increases among large North American metropolitan areas. Population growth is often seen as the prime driver of housing costs, but the data reveals otherwise.

Vancouver-area home sales up 1.2% in September

Vancouver-area home sales inched up in September from last year, but prices are still under pressure as sales stand well below long-term trends while listings rise, according to Greater Vancouver Realtors.

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