Greenland Group (Canada)’s second tower at its Lakeside Residences master-planned community, called Lake Suites, is set to launch this fall.
Bill Walker, Ontario’s new minister of government and consumer services, signaled plans to strengthen the province’s condo laws last week.
The trend in housing starts was 206,171 units in October 2018, down from 207,809 units in September 2018, reports Canada Mortgage and Housing Corporation.
In October 2018, Montreal recorded 3,731 residential sales, an increase of 11 per cent year-over-year, reports the Greater Montreal Real Estate Board.
According to CMHC’s 2018 Housing Market Outlook, housing markets in Canada should see a moderation in both housing starts and sales in 2019 and 2020.
New condominium apartment sales in the GTA rose four per cent year-over-year to 4,738 units in Q3-2018, according to Urbanation’s Q3-2018 market results.
There’s a new point person on the condo file in Ontario’s Progressive Conservative government after a cabinet shuffle yesterday.
Some condo managers who want to renew their licences next year will have to pass a test to prove they are current on Ontario’s condo laws.
Devimco Immobilier has been selected by Club Sportif MAA to develop a mixed-use condominium project on Peel St., just south of Sherbrooke St. in Montreal.
Sales of luxury condominium apartments in the $1-2 million range continue to thrive in urban centres, according to the RE/MAX Spotlight on Luxury Report.
Great Gulf recently broke ground on 8 Cumberland, a modern 51-storey high-rise condominium located in Toronto’s Yorkville neighbourhood.
Canada’s housing market remains highly vulnerable, yet conditions of overvaluation are slowing overall, notes CMHC’s most recent Housing Market Assessment.
The GTA new home market experienced improvements in new project openings and new home sales in September compared to the previous month, reports BILD.
One Bedford Condo in Toronto is now equipped to support electric vehicle (EV) charging in just about every exclusive-use space in its parking garage.
Among the continuing concerns, some lenders are still relying on the equity of the property, rather than the borrower's ability to repay the loan.
Developers, investors, lenders and experts are cautiously optimistic about the real estate sector, according to a recent report from PwC Canada and ULI.
Surcharges will apply to 22 different fuel types, but most consumer expenditure is expected to go to gasoline and natural gas price add-ons.