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Building
Manitoba’s soaring sales
WINNIPEG FREE PRESS`2020 was a banner year for business.''That's a perplexing statement for anyone to make, given the havoc throughout Canada's economic landscape thanks to the COVID-19 pandemic. But there's one industry that won't…
Calgary sees highest December home sales since 2007 amid 40 per cent buying surge
Calgary's residential real estate market notched its best December since 2007 last month as real estate agents sold nearly 1,200 homes, the Calgary Real Estate Board said on Monday.Cities across the country have noted that the…
Vancouver home sales surge 53.4 per cent, setting new record for December
Vancouver's real estate market ended 2020 with a bang, as a December home-buying spree helped the market rebound from a weak 2019, despite the COVID-19 pandemic.Home sales jumped 53.4 per cent in the final month of 2020 compared with…
Toronto Real Estate Board says home prices hit record in 2020 as sales climbed
TORONTO – After seeing buyers compete with multiple offers on homes across the Greater Toronto Area, real estate agent Navid Rashid is recovering from an unusually busy December that capped an unusually busy year.''December in the past…
One in 10 offices were vacant in Q4: Colliers Canada
The Canadian office market continues to experience rising vacancy rates, reaching a high of 10.8 per cent in the fourth quarter of the year, according to Colliers Canada in their new 2020 Q4 National Market Snapshot.The data shows that …
Brookfield makes offer to take Brookfield Property Partners private
TORONTO — Brookfield Asset Management Inc. has offered US$5.9 billion to buy the remaining stake in Brookfield Property Partners LP that it does not already own.The asset management company is offering US$16.50 per unit. Shares of…
Toronto real estate board data conflicts continue despite 2016 ruling
Toronto-area homebuyers could be forgiven in 2016 for assuming the doors had been thrown open to the Toronto Regional Real Estate Board's sales data in the wake of a landmark ruling by the Competition Tribunal.After appeals by TRREB to…
Pandemic spurs tiny house interest, while builders say regulatory hurdles remain
VANCOUVER — The COVID-19 pandemic has prompted many Canadians to re-evaluate their housing and work arrangements, spurring some to think not big, but tiny.Pamela Robertson builds tiny homes in Gibsons on B.C.'s Sunshine Coast and said…
Toronto Society of Architects launches its first Gingerbread City
The Toronto Society of Architects (TSA) has launched Gingerbread City, a virtual exhibit featuring 21 edible creations that reflect this year's theme of "home".Submissions were received through an open call and include tasty…
First time homebuyers see new opportunities, challenges in pandemic economy
TORONTO — With mortgage rates at historic lows and price growth tapering in certain markets, the COVID-19 pandemic has presented both opportunities and challenges for first-time homebuyers.New buyers are seeing condo prices come within…