Industry News

zoning bylaws regulations

Alberta introduces stronger protection for condo buyers

On October 12, the Alberta government approved the first stage of new regulations that will better protect condominium buyers in the province.
Foster + Partners The One

Construction starts on Canada’s tallest building, The One

Mizrahi Developments celebrated the start of construction on the retail portion of The One with a ribbon cutting ceremony featuring Toronto Mayor John Tory. The
home sales forecast

National home sales begin to climb in September

Canadian home sales increased by a modest 2.1 per cent between August and September 2017, according to statistics from the Canadian Real Estate Association (CREA).
new home warranties

Ontario moves to reform new home warranties system

The Ontario government last week delivered on previously announced plans to introduce legislation to reform the province’s new home warranties system.
consumer protection

Province strengthens consumer protection with new rules: OREA

The government of Ontario has introduced legislation that, if passed, will implement North America-leading rules in the province around how real estate professionals can represent consumers.
OHBA Awards of Distinction

Guelph named best local association by OHBA

The Ontario Home Builders’ Association (OHBA) President’s Gala recognized esteemed OHBA members and local associations for their commitment to the industry.
energy efficiency national housing strategy

National Housing Strategy Roundtable seeks expert input

Housing experts and stakeholders recently met with Minister Duclos at a National Housing Strategy Expert Roundtable in Ottawa on October 5.
accessibility

Daniels to offer suites designed for accessibility

The Daniels Corporation last week unveiled plans to offer suites expressly developed for accessibility.
GTA new home sales

GTA home sales fall 35 per cent in September

According to the Toronto Real Estate Board (TREB), there were 6,379 home sales in the Greater Toronto Area in September 2017, a decline of 35 per cent year-over-year.
condominium authority tribunal

Ian Darling named Condominium Authority Tribunal chair

Ian Darling will serve as the first chair of the Condominium Authority Tribunal (CAT) starting Oct. 2.
luxury condo sales

GTA and Vancouver see more luxury condo sales

Vancouver boasts a greater share of higher priced transactions with 165 condo deals topping $2 million versus 100 in the Greater Toronto Area, but the single highest price was garnered in the GTA.
GTA new home sales

GTA new home sales fall 69 per cent in August

Sales of new homes in the GTA fell by 69 per cent year-over-year in August 2017, but year-to-date sales remain strong, reports BILD.
Daniels

Affordable housing development breaks ground in Scarborough

The Daniels Corporation and partner Diamond Corp. recently broke ground on a new condominium community called Daniels FirstHome Markham Sheppard.
foreign buyers

Foreign buyer purchases fall in Greater Golden Horseshoe

According to new data from provincially collected tax information, home purchases by foreign buyers have fallen since the Fair Housing Plan was introduced.
Solar Uniquartier

Phase 1 of Quebec’s biggest mixed-use development breaks ground

Devimco Immobilier recently broke ground on Phase 1 of Solar Uniquartier, a development that is being touted as Quebec’s biggest mixed-use real estate project.
condo market home sales

GTA home sales plunge 34.8 per cent in August

The Toronto Real Estate Board (TREB) announced that there were 6,357 home sales completed in the GTA in August 2017, a drop of 34.8 per cent year-over-year.
Mattamy Homes

Mattamy Homes names Margaret Whelan to Board

Mattamy Homes, the largest privately owned home builder in North America, has appointed Margaret Whelan to its Board of Directors