Industry News

Square One District

Housing to launch Square One District build-out

The first pieces of an envisioned 130-acre new mixed-use community adjoining Mississauga's Square One Shopping Centre should be underway later this year.
short-term rentals

Licenses needed for short-term rentals in Vaughan

The City of Vaughan is regulating its short-term rental market after a bunch of public consultations that started in 2018.
condo market

GTA condo market tightens since 2018

Tighter condo market conditions were reported over the past year, with new condo listings diving by 11.9 per cent at the end 2019.
Great Gulf

Great Gulf Group appoints new CEO

Great Gulf has appointed Ilias Konstantopoulos as the new CEO, succeeding Jerry Patava who will now chair the Great Gulf Strategic Advisory Board.
home prices

Home prices to hit “new heights” in 2020

Home prices in Canada are expected to rise as more buyers return to the market in 2020 after waiting to see the impact of the mortgage stress test.
condo soundscape

Code changes fine-tune Ontario condo soundscape

As of January 1, developers will no longer have to meet a challenging standard for the comprehensibility of voice communications systems, and they can take an alternative approach to calculating sound transmission between dwelling units.
Liberty Market Tower

Lifetime launches Liberty Market Tower

A 16-year redevelopment project in Toronto’s Liberty Village has entered into its final phase with the launch of Liberty Market Tower condos.
bed bugs

Canada’s top cities for bed bugs in 2019

Larger cities and travel centres saw significant bed bug sightings in 2019, according to Orkin Canada’s third annual list of top bed bug cities.
better country

Building on the desire for a better country

The buildings and design sectors are again represented in the newest slate of members of the Order of Canada, which includes a developer, a planner and an architectural glass artist.
Vaughn Metropolitan Centre

New residential lands pegged for Vaughan Metropolitan Centre area

SmartCentres and Penguin have teamed up on a 15.48 acre site next to the Vaughn Metropolitan Centre.
Tarion

Tarion to welcome new CEO

Peter Balasubramanian, current chief operating officer of Tarion Warranty Corporation, has been named as the new chief executive officer.
River City 3

River City 3 first in Toronto to win international award

River City 3 in West Don Lands is the first building in Toronto to receive a Best Tall Building Award of Excellence from The Council
condo price

Average condo price in GTA to reach $600,000: report

The average condo price in the Greater Toronto Area is expected to increase 6.0 per cent year-over-year in 2020, rising to $600,000.
SCOUT Condos

SCOUT Condos construction underway

The design of SCOUT Condos will focus on masonry and a warehouse aesthetic to reflect the West St. Clair West neighbourhood.
Condo forms

Condo forms delegated to Condominium Authority of Ontario

Condo corporations will soon be able to better access and use required forms under the Condo Act.
housing market

Five policies that could affect the housing market

Immigration figures into the Real Estate Investment Network’s list of five policies that are likely to affect the future housing market.
home warranty

Ontario plans to fix Tarion home warranty

Ontario says its going to repair the Tarion home warranty program with new legislation tabled last week.