Industry News
Remaining Vancouver Olympic Village units sold
The Vancouver Olympic Village development has been paid off, with the remaining condo units sold to Vancouver-based Aquilini Group for $91 million.
Canada has top 3 most resilient cities on Earth
Canada's Toronto, Vancouver and Calgary topped Grosvenor's list of most resilient cities on Earth due to their low vulnerability and high adaptive capacity.
Developers fight to keep OMB in Toronto
The Ontario Municipal Board (OMB) continues to play a significant role in the province’s planning approval process, according to developers.
GTA condo market going strong: TREB
According to TREB, the GTA condo market showed strong sales growth and a rise in average selling price in the first quarter of 2014, despite high supply.
More young Canadians value home ownership
More young Canadians are identifying home ownership as a good investment in 2014, according to the 21st Annual RBC Home Ownership Poll.
$10 million condo coming to Windsor
A $10 million condominium development known as Rivertown Terrace Condominiums, geared toward retirees, is coming to Windsor, Ont.
CaGBC conference to explore the value of ‘green’
The national CaGBC conference, now called Building Lasting Change, will explore the value of sustainable building, real estate and urban development.
Majority in favour of regulating condo managers
A survey from the Homeowner Protection Centre found that seven in 10 Canadian respondents support regulating condo managers and companies.
Canadian condo market showing healthy growth
A report from Royal LePage says that the Canadian condo market has healthy price growth, with posted gains of 2.5 per cent and an average of $252,174.
Edmonton condo sales up, but listings are down
According to the Realtors Association of Edmonton, condominium sales in the first quarter of 2014 have increased by 11 per cent, year-over-year.
Condo market bolstered by unaffordable homes
A Scotiabank report says that Canada’s housing prices are going up, and expensive detached homes are boosting the condo markets.
GTA high-rise a first with geoexchange system
The On The Go Mimico will become the first high-rise condo in Toronto with an integrated geoexchange cogeneration system for heating, cooling and hydro.
Canadian housing bubble fears inflated: Report
A new report from The Conference Board of Canada says that fears of a Canadian housing bubble are exaggerated, and a soft landing is likely in store.
Budget for first-time homebuyers on the rise
According to the BMO 2014 First-Time Home Buyers Report, the average budget for first-time homebuyers in Canada is now $361,100, up from $300,000 in 2013.
Ontario boomers are looking to downsize: Survey
According to a recent survey, 59 per cent of Ontario baby boomers are looking to downsize to smaller homes within the next five years.
Liberty at Discovery Place wins Condo of the Year
The Canadian Condominium Institute’s Toronto and Area Chapter (CCI-T) has named Liberty at Discovery Place in Pickering, Ont. as Condo of the Year.
Two buildings in Trois-Rivieres condo completed
Two out of nine buildings in the Les Haltes du Roi condo development in Trois-Rivieres, Que., have been completed.


