Recent changes to regulations under the Promoting Affordable Housing Act allows municipalities to require affordable units in new residential developments.
The average selling price for condominium apartments sold in Q1-2018 was up by nine per cent year-over-year to $533,447, according to the TREB.
Toronto Real Estate Board President released market data on GTA condo rentals, noting that average rents were up well above the rate of inflation on a year-over-year basis in the first quarter of 2018
According to statistics recently released by the Canadian Real Estate Association, national home sales climbed 1.3 per cent from February to March 2018.
Much of the data that might indicate if a unit is vacant comes from fragmented sources, is not currently collected or inaccessible due to privacy issues, and is frequently inconclusive.
Halogen and incandescent bulbs still garner strong sales for residential purposes, while LEDs are gaining market share through displacement of compact fluorescent lamps.
According to CMHC, March 2018 delivered stable housing starts with 226,842 units compared to 225,804 units in February.
The Condominium Authority of Ontario (CAO) officially launched its public registry of condo corporations on April 1, 2018.
There were 7,228 home sales in the GTA in March 2018, a 39.5 per cent decline compared to the record 11,954 home sales in March 2017, according to the TREB.
In March 2018, the Real Estate Board of Greater Vancouver reported 2,517 residential home sales, down 29.7 per cent compared to March 2017's 3,579 sales.
It will become easier to install electric vehicle charging stations on condo properties in Ontario starting this spring.
Provincial budgets, released in both provinces on March 27, outline different approaches to financial assistance that's projected to benefit about 430 recipients in Newfoundland and 47,000 in Quebec.
The Canadian Real Estate Association (CREA) has updated its forecast for national home sales activity for 2018 and extended the outlook to 2019.
The deadline to apply for the licences that are now mandatory to continue providing condo management services in Ontario closes on Friday, March 30.
According to the Building Industry and Land Development Association (BILD), the prices of new homes in the GTA showed few signs of slowing down in February.
Canadian home sales fell 6.5 per cent month-over-month in February, according to statistics released by the Canadian Real Estate Association (CREA).
Vancouver is now one of the first cities in North America to adopt a 100 per cent EV-ready policy for all new multi-unit residential buildings.