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Real Estate
Pharrell Williams to Design New Condominiums in Toronto
Artist, musician and fashion designer Pharrell Williams has joined forces with Reserve Properties and Westdale Properties to build a condo complex in midtown Toronto.The residential development, labeled Untitled, features 750 units…
Canadian Newcomers Represent One in Every Five Homebuyers: Survey
According to a survey commissioned by Royal LePage, newcomers represent one in every five homebuyers (21 per cent) in Canada. If the current international migration level is maintained, Royal Lepage says newcomers are expected to purchase…
What’s Next for Housing in Canada with a Liberal Minority Government?
It’s early days, but across the country, Canadians have had real concerns about the real estate and housing industry with affordability the most significant issue both pre-and post-election. Although the impact of the election to the…
Court Turfs Lawsuit Alleging B.C. Foreign Buyers Tax Discriminates
VANCOUVER — A British Columbia Supreme Court judge has dismissed a lawsuit claiming the province's foreign buyers tax is unconstitutional and discriminates against people from Asia.A previous B.C. Liberal government introduced a 15…
Housing Starts to Stabilize Over the Next Two Years: CMHC Report
CMHC's 2020 Housing Market Outlook calls for housing starts to stabilize over the next two years following two years of declines. The release also forecasts income and population growth that will support a rebound in home sales and…
Customer-driven Demand Shaping Canadian Real Estate
The challenges facing Canada’s real estate industry continue to grow. Despite Canada’s low unemployment rate and signs of strength in areas spanning multifamily, industrial, and office real estate, we are finding a heightened feeling of…
Residential Sales in Québec Hits New Record
Residential sales in Québec’s real estate market increased by 16 per cent in the third quarter, reaching a record high since Q3 of 2003.In total, 21,662 sales were concluded, according to the Québec Professional Association of Real…
Canadian Cannabis Industry Boosts Home Prices: Report
According to a report released by RE/MAX, Canada's cannabis industry has increased home sales and prices, particularly in Eastern Canada, where there's a greater number of large-scale cannabis producers.Smiths Falls, Ontario, home…
To Housing and Beyond
Vancouver’s red hot residential real estate market has been on a long bull run dating back to the recovery following the global financial crisis of 2008. Over the past 12 months, however, the residential real estate market has faced…
Regional Group and Fengate to Develop Purpose-Built-Rental Apartments
Regional Group and Fengate Asset Management are developing two new residential and rental buildings in Old Ottawa East. Fengate is managing a joint venture with Regional Group in the two buildings on behalf of the LiUNA Central and…