Industry News


Prével set to develop large site in Montreal

Montreal-based Prével plans to develop a site in Montreal bordered by Boulevard René-Lévesque, Rue Sainte-Catherine, Rue Parthenais and Avenue De Lorimier.

Top ten bedbug cities in Canada

Canada's largest pest control company – Orkin Canada – has released its second annual list of top bedbug cities.
housing market forecast prediction

Home prices expected to remain in check in 2019: CREA

The Canadian Real Estate Association (CREA) recently released an updated forecast for home sales activity in 2018 and 2019.

ClubLink partners with developers for Kanata golf lands

ClubLink, owner and operator of the Kanata Golf & Country Club, has announced plans to pursue options for alternative use of the golf course lands.
2019 gold

Stories to watch in 2019

The REMI Network's editorial team takes a look at last year's top stories and how they will continue to impact the commercial real estate industry in 2019.
GTA home sales November 2018

National home sales activity dips lower in November

National home sales declined 2.3 per cent from October to November 2018, according to statistics from the Canadian Real Estate Association (CREA).

New Alberta condo rules to increase transparency

The Province of Alberta is launching new condo rules that will increase transparency and improve condominium governance in the province.
condo apartment

GTA condo sales fall 24 per cent in November

There were 2,454 condo apartment sales in the GTA in November, a decline of 24 per cent compared to November 2017, reports BILD.
home sales forecast home sales activity

GTA home sales and prices post 2018 decline

The Toronto Real Estate Board reported a total of 77,426 residential transactions in 2018, a 16.1 per cent decline compared to 2017's 92,263 home sales.
home ownership home prices affordability

Housing affordability to erode further in 2019: RBC Economics

This year is unlikely to provide substantial housing affordability relief, reports the latest Housing Trends and Affordability report from RBC Economics.
Citron Hygiene

Brookfield Real Estate Services rebrands as Bridgemarq

Effective Jan. 3, 2019 Brookfield Real Estate Services, a leading provider of services to residential real estate brokers, has rebranded as Bridgemarq Real Estate Services. “We
meeting agenda board of directors

Gordon J. Laing joins CMHC Board of Directors

Gordon J. Laing has been named the newest member of Canada Mortgage and Housing Corporation (CMHC)’s Board of Directors, effective December 12, 2018.
developer housing starts

National housing starts trend rises in November

The trend in housing starts was 210,038 units in November 2018, up from 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation.
Symphonia POP

Construction begins on Montreal’s Symphonia POP

Développements Symphonia recently held an official groundbreaking ceremony to kick off construction of Symphonia POP on Montreal's Nuns’ Island.

GTHA could face new housing deficit by 2041: report

The GTHA is at risk of missing provincial population targets, according to a recent report from the Residential and Civil Construction Alliance of Ontario.
home ownership home prices affordability

Home prices expected to climb 1.7 per cent next year

According to the recently released RE/MAX 2019 Housing Market Outlook, the average sales price of a home is estimated to increase by 1.7 per cent.
CPA Canada study

Canadian housing collapse doubtful: CPA Canada

A recent CPA Canada study finds that Canada’s housing market is different and likely more resilient than it might first appear.