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Real Estate

Five BC Real Estate Organizers Submit Joint Anti-Money Laundering Proposal To Government

Building Apr 16, 2019

On April 15th, business representatives in the BC real estate sector submitted joint recommendations to the provincial and federal governments in an effort to protect BC’s housing market from money laundering.The submission, which…

Building

Canadian home sales edge higher in March

Building Apr 15, 2019

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged higher in March 2019 after having declined sharply the previous month.Highlights:National home sales edged up 0.9%…

Building

Toronto needs more beauty in its waterfront designs

Deborah de Lange, Ryerson University Apr 15, 2019

A healthy and happy city includes creating social capital — those benefits that come with social networks, public spaces and community, much as the Danes have in their famous city of Copenhagen. Toronto’s focus, too, should be on…

Building

Cadillac Fairview and IMCO Welcome TD Bank Group to Their Landmark Development at 160 Front Street…

Building Apr 12, 2019

Cadillac Fairview (CF) and the Investment Management Corporation of Ontario (on behalf of its client Ontario Pension Board) has announced that TD Bank Group (TD) has signed a long-term lease agreement, which will see TD occupy 840,000…

Building

Apartment where Ernest Hemingway lived up for sale in Toronto

Nicole Thompson – THE CANADIAN PRESS Apr 10, 2019

TORONTO – An apartment briefly occupied by Ernest Hemingway at the end of his tenure in Toronto went up for sale Tuesday, putting a spotlight on the writer's somewhat rocky relationship with Canada.The American novelist lived in the…

Building

Canadian housing starts essentially held steady in March

Building Apr 8, 2019

The trend in housing starts was 202,279 units in March 2019, compared to 202,039 units in February 2019, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally…

Building

Federal government pledges $1.3B for affordable housing in Toronto

The Canadian Press Apr 8, 2019

TORONTO – The federal government will put $1.3 billion towards renovating and upgrading affordable housing units in Toronto, Prime Minister Justin Trudeau announced Friday.Trudeau said the money – which will come over the course of…

Building

Liberals’ mortgage plan to have tiny effect on housing prices: CMHC

The Canadian Press Apr 5, 2019

OTTAWA – Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage point.A report Thursday from the Canada Mortgage and Housing Corp.…

Building

CMHC looks to raise extra money for housing outside of billions from government

By Jordan Press – THE CANADIAN PRESS Apr 4, 2019

OTTAWA – The chief executive of the Canada Mortgage and Housing Corp. says his agency wants to raise hundreds of millions more dollars to help Canadians afford places to live, adding to the billions already available in government funding.…

Building

Greater Toronto home sales flat in March while prices edge up and listings fall

Building Apr 4, 2019

Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB’s MLS® System in March 2019. This result was inline with 7,188 sales reported in March 2018.…

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