Browsing Tag

residential development

CREA predicts 2023 home sales to edge down 0.5% from 2022 mark

Tara Deschamps - The Canadian Press Jan 18, 2023

The Canadian Real Estate Association expects home sales to edge down less than one per cent and prices to fall almost six per cent from 2022, which ended with the market in a sluggish state as sellers and buyers sat on the sidelines.The…

Real Estate

Canadian Real Estate Association reports home sales down in November

The Canadian Press Dec 16, 2022

OTTAWA — The Canadian Real Estate Association says seasonally adjusted home sales were down 3.3 per cent on a month-over-month basis in November.The association said Thursday the move lower more than erased the gain seen in October and…

Real Estate

Affordable rent should be a priority in province’s housing plans, say East Toronto politicians

Amarachi Amadike, Local Journalism Initiative Reporter Dec 12, 2022

BEACH METRO COMMUNITY NEWS If the Ontario government is serious about providing more affordable housing then it needs to move quickly to pass rent stabilization legislation, say a pair of East Toronto politicians.Both Scarborough…

Real Estate

Renting increased by three times the rate of home ownership in last decade: RBC

The Canadian Press Dec 12, 2022

TORONTO – Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the past decade.Assistant chief economist Robert…

Urban Planning

Metro Edmonton City Builders Call for Downtown Investment

Building Mar 22, 2022

Over 160 companies involved in Edmonton’s Metropolitan land development are calling for an all-hands-on-deck approach to revitalize the city’s downtown.As part of their newly adopted strategic plan, members of Urban Development…

Real Estate

New Rapid Housing Initiative invests $1 billion to create up to 3,000 new homes

Building Oct 27, 2020

The Prime Minister, Justin Trudeau, announced today, the launch of the new Rapid Housing Initiative (RHI) that invests $1 billion to create up to 3,000 new permanent, affordable housing units across the country.The RHI will quickly…

Construction

Ontario Revises List of Workplaces to Reopen Including More Construction

Building May 1, 2020

The Ontario government is allowing certain businesses and workplaces to reopen as long as they comply with strict public health measures and operate safely during the COVID-19 outbreak. Those permitted to start up include seasonal…

Building

CaraCo Development: Sittin’ on the Dock

David Lasker Jul 10, 2019

If the chattering classes aren’t chattering about politics or taxes, they’re probably gossiping about real estate. While Toronto and Vancouver dominate the airwaves, house hunters are increasingly paying attention to the suburbs, the exurbs…

Cities

Group Think

Peter Sobchak Jul 5, 2019

My friend David Allison has always been reliable for a comfort-rattling op-ed, but this outing struck a nerve with me. His topic is intriguing, but on my first pass I actually felt some very interesting (subtext: potentially disturbing)…

Building

Broccolini starts construction on the tallest residential tower in Montreal

Building Apr 30, 2019

Developer and builder Broccolini has broken ground to mark the start of construction of Victoria sur le Parc, which is to become the tallest residential tower in Montreal.The project will also house ten floors of office space,…

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