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Q2 condo sales down 50 per cent from last year, but prices are up: TRREB
TORONTO — The Toronto Regional Real Estate Board says condominium apartment sales in the region have fallen by half since last year, but the average selling price is up.The board says there were 3,459 condominium apartment sales in…
Average monthly rents in GTA down for seventh straight month in June
Average monthly rent in the Greater Toronto Area declined for the seventh straight month in June to $2,129, according to the TorontoRentals.com and Bullpen Research & Consulting Toronto and GTA rent report. The average rent is down 1.7…
New coalition accelerates workforce capacity to build a low-carbon Ontario
As governments look to stimulus investments in infrastructure as a vehicle for economic recovery, there is an opportunity to support Ontario’s workforce to ensure the building industry can help meet Canada’s climate goals and create jobs,…
RCCAO calls on government to commit to infrastructure investments
The federal government needs to invest in infrastructure at a level that was planned prior to the COVID-19 pandemic, the Residential and Civil Construction Alliance of Ontario (RCCAO) states in a federal pre-budget submission that was…
GTA new home market sees increased activity in June: BILD Report
The GTA new home market began to see more activity in June, following two months of historically slow sales due to the pandemic, according to the Building Industry and Land Development Association (BILD).Sales of new single-family…
It’s an optimal time for converting hotel assets to multi-family
As COVID-19 reconfigures global markets, owners and operators of hotels in Canada are anxiously anticipating what the travel and tourism sector will look like in the months and years ahead.With only a small minority of this…
Wooden skyscrapers could transform construction by trapping carbon emissions
The Mjøstårnet, an 18-storey mixed-use building constructed with engineered wood, overlooks Norway’s largest lake, in Brumunddal.
(Woodify/YouTube)
All over the world, architects and engineers are crafting cutting-edge skyscrapers from…
Canada sets three percent target for energy efficiency improvement
Canada will join a collaboration of governments and supporting organizations called The Three Percent Club to put the world on a path to three percent annual energy efficiency improvement.According to the organization, Canada’s…
Hines and Waterfront Toronto break ground on T3 Bayside
Hines has begun speculative construction on the workplace component of their Bayside Toronto waterfront master-planned community with the groundbreaking of T3 (Timber, Talent and Technology) Bayside.The first of two twin, heavy…
Diamond Schmitt designs new campus for York University
The Markham Centre Campus (MCC) is the first public university in York Region, which features a vertical campus building that is fully integrated with the area’s network of commerce, athletics, arts, and entrepreneurial communities.…