A Richmond Hill real estate investment and development company, Fortress Real Developments Inc. (Fortress), has entered six agreements to develop high-profile sites with top Canadian developers. With these new projects on the horizon, Fortress grows its land portfolio value to over $1-billion.

A Canadian real estate developer and construction company, Minto Communities (Minto), received 19 awards at the 35th Annual National Association of Home Builders 2015 National Sales and Marketing Awards. Minto was recognized for the marketing efforts and advertising campaigns carried out for several high-rise condominium developments.

Real estate is positioned prominently among industries likely to benefit from the Bank of Canada’s interest rate cut announced with today’s release of the quarterly

In 2015, one out of every three homes purchased in Montreal, Que. will be a condominium, according to a survey commissioned by the Québec Federation of Real Estate Boards (QFREB) and the Fonds immobilier de solidarité FTQ. The survey, which focused on buying and selling intentions, found that 65 per cent of those intending to buy already own a home while 36 per cent are first-timers.

Statistics Canada will soon collect data for the Survey of Commercial and Institutional Energy Use 2015 on behalf of Natural Resources Canada (NRC). The national

This year’s Demographia International Housing Affordability Survey found that Vancouver is the world’s second most unaffordable housing market behind Hong Kong. In fact, of the five least affordable residential housing markets in Canada, four were found in British Columbia. Victoria, Kelowna and the Fraser Valley made the cut along with Toronto, Ont.

A report released by RealNet Canada Inc. (RealNet) and the Building Industry and Land Development Association (BILD) found that, in 2014, ten years after the Ontario government introduced its Greenbelt legislation and began promoting urban intensification, condominium completions hit record highs. Market analysts agree this is no coincidence.

As stated in a report from RealNet Canada Inc. (RealNet), new home sales across the GTA increased by a substantial 41 per cent, year-over-year, in 2014. With 39,736 transactions, the new home industry created thousands of jobs for Canadians while ensuring further job retention for years to come, says the Building Industry and Land Development Association (BILD).

The Canadian Real Estate Association (CREA) recently announced that national home sales decreased on a month-over-month basis in December 2014. According to the trade association, home sales fell 5.8 per cent from November to December, but rose 7.9 per cent from the same period in 2013.

In the fourth quarter of 2014, average home prices for most real estate markets across the country indicated healthy year-over-year gains, according to the latest Royal LePage (RLP) House Price Survey. The average price of a Canadian home increased between 4.5 per cent and 6.7 per cent from the same period in 2013. Condominiums saw a 4.5 per cent gain in pricing, reaching an average of $257,624.

When compared with data from 2013, sales of GTA homes over $1-million (luxury sales) grew by a staggering 38 per cent in 2014, says Sotheby's International Realty Canada (Sotheby’s). In an annual report, the real estate sales and marketing company found that, across several of Canada’s major real estate markets, luxury sales finished the year with positive year-over-year growth.

According to the latest rental market survey from Urbanation Inc. (Urbanation), Toronto’s condo rental market broke records in 2014. Condominium apartments rented through the MLS system exceeded the previous year’s record, growing 15 per cent year-over-year, to 22,765 units.

More than 200 updates and revisions have been added to the recently released 2015 Canadian Electrical Code (CE Code), Part 1, which covers installation and

According to the Alberta Economic Outlook Q1 2015 report, prepared by the ATB Financial Economics and Research group (ATB), housing investments in Alberta are projected to remain flat or slightly lower in 2015, despite record-setting levels of residential building permits in Q3 2014. Factors affecting this prediction include slower population growth, increased caution on the part of developers and home buyers, heightened investor nervousness, and a softer job and wage market.

BOMA Toronto has announced key leadership appointments for 2015, positioning two women with notable real estate industry experience to lead Canada’s largest BOMA local association

At the end of the 2014 calendar year, Greater Toronto Area home sales, reported through the TorontoMLS system, registered a 6.7 per cent increase over the 2013 sales figure, according to the Toronto Real Estate Board (TREB). In 2014, a total of 92,867 sales were recorded, with 4,446 of them taking place in December.

Despite a year-over-year decline in residential sales for the month of December, Calgary’s condominium apartment and townhouse sectors set records in 2014. A total of 4,742 condominium sales took place in the region in 2014, an 18 per cent increase from 2013.