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Luxury sales down in formerly hot housing markets, but up in Montreal
Luxury home sales fell in the two formerly hot housing markets of Vancouver and Toronto, as well as Calgary, in the first couple months of the new year, according to data released Wednesday by Sotheby's International Realty Canada.That…
In pre election budget, Liberals boost infrastructure cash to cities, broadband
OTTAWA – The Trudeau Liberals are making another end-run on the provinces in their bid to spend infrastructure money, citing problems with getting projects off the ground as a reason to deliver $2.2 billion more directly to cities.…
Prairie landlords singing (slightly) happier tune as rents rise, vacancies slip
CALGARY – Four years after an oil price crash that's been blamed for more than 40,000 oilpatch job cuts in Western Canada, stability is returning to the residential rental market.Apartment owners including Boardwalk REIT and Mainstreet…
Canadian home sales fall in February, average price down; CREA updates outlook
The average price for homes sold last month was down 5.2 per cent from last year as the number of sales dropped to a 10-year low for the seasonally weak month of February, the Canadian Real Estate Association reported Friday.The…
Danish architectural firm COBE designs affordable housing in downtown Toronto
Danish architectural firm COBE headed by Dan Stubbergard has designed a new mixed use development in Toronto. A client group consisting of Dream Unlimited, Kilmer Van Nostrand Co. Limited and Tricon Capital Group has commissioned COBE to…
Vancouver opens 2,000 cases, takes action against 800 short term rentals
VANCOUVER – The City of Vancouver says it's opened more than 2,000 case files and taken enforcement action against 820 suspected unauthorized short-term rentals since new rules came into effect requiring operators to have a business…
Nova Scotia set to regulate coastal construction as sea levels rise
HALIFAX – Nova Scotia is proposing legislation that would set rules for coastal construction and protect features such as salt marshes and dunes as sea levels rise in the future.Environment Minister Margaret Miller says the new Coastal…
OAA Submits Recommendations to Fix the Site Plan Approval Process
The Ontario Association of Architects (OAA) has submitted a targeted set of recommendations to the Minister of Municipal Affairs and Housing, aimed at bringing consistency and transparency to the Site Plan Approval (SPA) process. Prior…
Study Finds BC Energy Step Code Could Deliver up to 1,700 jobs
The Vancouver Economic Commission (VEC) has launched the Green Building Market Forecast, a report quantifying the potential economic impact of the BC Energy Step Code (ESC) in Metro Vancouver. The study identified a $3.3 billion market…
Ontario nowhere near goal of full accessibility by 2025, review finds
TORONTO – The accessibility law that took effect in Ontario 14 years ago and has served as a blueprint for similar legislation in other parts of Canada has fallen well short of its goals and continues to leave disabled residents facing…