CondoBusiness - Industry News
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Industry News

Calgary condo market favours sellers

A decline in listings has resulted in a rise in Calgary condominium apartment sales.

Vancouver’s residential market booming

Greater Vancouver property sales increased 52.5 per cent in August in comparison to the same month last year, reports the Real Estate Board of Greater Vancouver (REBGV).

Samcon announces Montreal condo complex

Montreal-based real estate developer, Samcon, has announced a new condominium complex for the city’s Griffintown complex.
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Ottawa residential sales on the rise

Ottawa's residential resale market saw a year-to-date sales increase of 6.5 per cent in August.

Highrise residential sales falling in the GTA

Though condominium construction across the Greater Toronto Area (GTA) is at a record high, highrise sales fell 34 per cent below the 10-year average in July, reports the Building Industry and Land Development Association (BILD).

Edmonton condo prices down

The average price for condo apartments in Edmonton was down 7.4 per cent between June and July, according to the Realtors Association of Edmonton.

Condo owners lack insurance knowledge: report

Sixty-one per cent of Canadian condominium owners have a knowledge gap when it comes to their building’s insurance, according to a report by Allstate Insurance Company of Canada and Abacus Data.

Toronto condo rental market sets record

A record number of condominium apartments were rented on the MLS system in the second quarter (Q2) of 2013.

Windcorp announces mixed-use plan for Ajax

Ajax council and Windcorp Developments Ltd. have released plans for a new urban-inspired development.

Sequel to acquire Lake Muskoka resort

Sequel Hospitality Investments Inc. has entered into a purchase and sale agreement for the Touchstone on Lake Muskoka.

Royal LePage predicts modest home price gains

Royal LePage predicts house and condominium prices will continue to see modest gains for the remainder of the year.

Demand for high-end real estate high in Calgary

Calgary’s high-end residential market experienced a steady rise in sales as well as a decline in days on the market in the first half of 2013, according to a report by Sotheby’s International Realty Canada.

Montreal condo prices rise, sales decline

In June, median condo prices in the Montreal Census Metropolitan Area (CMA) rose for the first time in 2013, and showed the smallest decrease in sales ...
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IFMA revises CFM credentials

The International Facility Management Association (IFMA) has revised the framework for its flagship credential, the certified facility manager (CFM). The CFM exam has also been revised to match the updated framework.

Power supply tenuous in downtown Toronto

Toronto's electricity customers have been asked to cut consumption after flooding from severe thunderstorms hobbled two of the city's key power stations Monday evening.

Elevator strike ends, construction to resume

Ontario's elevator technicians are returning to work after a two-month labour disruption.
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MediaEdge launches industry-leading website

MediaEdge Communications Inc. is pleased to announce the launch of its new flagship website, www.REMInetwork.com, a news and information network servicing the real estate management industry.