Browsing Tag

homes

Canadian home prices expected to fall 3.3% in 2023: Re/Max report

Building Nov 30, 2022

TORONTO — A new report predicts average home sale prices in Canada will fall 3.3 per cent next year with the biggest declines expected in Ontario and Western Canada where some markets may see prices fall 10 to 15 per cent.The report by…

Urban Planning

Architects respond to Ontario’s proposed Bill 23

Building Nov 28, 2022

On Friday, over a dozen of Ontario’s most prominent architectural firms issued an open letter to Premier Ford and Minister Clark in response to Ontario’s proposed Bill 23. The letter read as follows:We are writing to you as leading…

Sustainability

Climate Changed: How homebuilders and residents are adapting to a warming world

Brenna Owen – THE CANADIAN PRESS Nov 8, 2022

VANCOUVER – The two-storey family home with a classic design and wooden cladding blends in with its neighbours, but its thick, insulated walls, airtightness, solar panels, heat pump and highly efficient windows make it a home built for a…

Real Estate

Ontario proposes to double fines against unethical developers

The Canadian Press Oct 21, 2022

TORONTO — Ontario is planning to double the maximum fines for new homebuilders and sellers who unfairly cancel a project or purchase agreement.The proposed changes to the New Home Construction Licensing Act would, if passed, increase…

Real Estate

Montreal’s Sept. home sales drop to lowest point in almost 10 years: QPAREB

The Canadian Press Oct 6, 2022

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal's September home sales dropped to their lowest level in almost 10 years as the market continued to cool. The region recorded 2,537 sales last month, a…

Real Estate

Pierre Poilievre: A look at the new Conservative leader’s key campaign promises

The Canadian Press Sep 12, 2022

OTTAWA – Pierre Poilievre was elected as the new leader of the Conservative Party of Canada on Saturday night, a definitive first-ballot victory after a campaign that focused on securing more ``freedom'' for Canadians.Here is a look…

Real Estate

Vancouver home sales down 40% from last year, nearly 1% since July: board

The Canadian Press Sep 6, 2022

VANCOUVER — The Real Estate Board of Greater Vancouver says last month's home sales plunged roughly 40 per cent since August 2021, but were almost unchanged from this past July.The board says sales for the month amounted to 1,870 and…

Construction

Preventing the collapse of partially-constructed new homes

Sarah Stevenson, P.Eng., Ph.D. Candidate, Western Engineering Aug 31, 2022

By Sarah Stevenson, P.Eng., Ph.D. Candidate in Structural and Wind Engineering, Western Engineering Blow-down of partially-constructed houses and other light-frame wood buildings occurs numerous times every year across Canada. In many…

Real Estate

Canada’s real estate market is cooling. Here’s what to expect this fall

Tara Deschamps - The Canadian Press Aug 26, 2022

TORONTO — After fuelling Canada's economy through the COVID-19 pandemic, the real estate market is showing signs of weakness as home prices fall and bidding wars dissipate.It's welcome news for prospective buyers hoping for a better…

Real Estate

Average rents in Canada up 10.4% year over year: National Rent Report

Building Aug 15, 2022

Average rent for all Canadian property types listed on Rentals.ca was $1,934 in July, an increase of 10.4 per cent year over year, according to the Rentals.ca and Bullpen Research & Consulting latest National Rent Report. The July…

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