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Industry News

Calgary real estate market surges in third quarter

The Royal LePage House Price Survey, released October 15, showed sizeable year-over-year price increases in all housing types surveyed in Calgary.

CO alarms now mandatory in Ontario homes

A new regulation came into effect on October 15, making carbon monoxide alarms mandatory in all Ontario residential homes.

Price record set in Edmonton’s Symphony Tower

An MLS sales record has been set for the city of Edmonton by Sara Jones and Jessie McCracken of Sara Jessie Real Estate Services, for the sales of a $2.625 million unit in the city’s new Symphony Tower development

Ivanhoé Cambridge enters Mexican market

Ivanhoé Cambridge recently announced a new partnership with Black Creek Group, a real estate private equity firm with extensive experience sponsoring real estate companies in Mexico.

GTA homebuyers seek walkable neighbourhoods

A new report from RBC and the Pembina Institute shows that homebuyers in the Greater Toronto Area (GTA) prefer neighbourhoods where you don’t always need a car.

Transactions up in the GTA

Toronto Real Estate Board President Paul Etherington announced that there were 8,051 transactions reported through the TorontoMLS system in September 2014. This result represented a 10.9 per cent increase compared to September 2013.

Ottawa real estate sales steady in September

Members of the Ottawa Real Estate Board sold 1,133 residential properties in September through the Board’s Multiple Listing Service® system, compared with 1,118 in September 2013, an increase of 1.3 per cent.

Montreal development to feature micro-condos

A Montreal development known as Lowney sur Ville has entered its third of four phases. The latest phase will add to the Griffintown area development an

Concert Properties launches large T.O. project

Concert Properties is embarking on its largest multi-phased residential development in the City of Toronto. Dubbed the Kip District, the five-building, 1,500-unit project will be

Owen Sound lands its first luxury condo project

Owen Sound will soon land its first luxury condo. The Sydenham is a 32-unit development project that will feature 10 units with private elevators. Given the
REMI

Buyer confidence behind new home sales: BILD

GTA new home sales rose 60 per cent in August, compared to the same period in 2013, reports the Building Industry and Land Development Association

Minto Group named OHBA’s Builder of the Year

For the second time in three years, the Minto Group has been recognized by the Ontario Home Builders Association (OHBA) as Builder of the Year,

Toronto market research companies team up

Market research companies Urbanation, which tracks data on Toronto condos and rentals, and the Marsh Report, which provides information on GTA land and commercial and

Rising prices demand bigger housing budgets

According to the BMO Fall Home-Buying Report, conducted by Pollara between Sept. 10 and 15, 43 per cent of prospective buyers now expect to increase
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Early September home sales up from 2013: TREB

By Sept. 14, year-to-date home sales tracked through the TorontoMLS system totaled 68,731, a 6.6-per-cent increase compared to sales for the same timeframe last year,

Ontario to lift wood-frame construction limit

The Ontario government will lift its height limit on wood-frame construction and allow wood-frame buildings up to six storeys starting Jan. 1, 2015, when changes to

International developer buys King Blue condos

Shanghai’s Greenland Holding Group Co. has entered the Canadian real estate market with the acquisition of Toronto’s King Blue Condominiums. The international developer purchased the