Industry News
Canadian home builders go digital
Canadian home builders are adopting a new standard for placing their home data online. BXS (Buzz XML Standard) was created to overcome difficulties in sharing and distributing new home information.
GTA realtors report decline in condo sales
Greater Toronto Area realtors reported 4,133 condominium apartment sales through the Toronto MLS system during the first quarter of 2013. This number is down by approximately 17 per cent in comparison to the first quarter of 2012.
New residential tower planned for Calgary
Grosvenor Americas and Cressey Development Group have announced plans for a new two tower residential development in downtown Calgary.
Graywood appoints new president, CEO
Toronto-based real estate investment management company, Graywood Developments Ltd., has appointed Stephen Price to president and CEO.
Yonge & Rich offers suites with natural appeal
Great Gulf’s Yonge & Rich is a new 50-storey condo development in downtown Toronto, touting all the luxury of modern living combined with relaxing and peaceful elements of nature. According to developers, the new building will use distinctive style and design elements to connect its suites to outdoor space and light.
Quality projects, renovators recognized
Remodeled bathrooms, respect for heritage and retrofits for energy efficiency were some of the highlights from this year's Renovation and Custom Home Awards, presented by the Building Industry and Land Development (BILD) Association on the opening day of the National Home Show in Toronto.
Residential construction industry sees shift
Declining housing starts and higher costs will see industry profits drop to an eight-year low this year, according to the Conference Board of Canada’s Canadian industrial outlook, Canada’s Residential Construction Industry-Winter 2013.
Trio by Tridel set to begin registration
Registration is now underway for the upcoming preview of Trio of Atria, a new condominium by Tridel currently in pre-construction.
Survey shows baby boomers won’t be downsizing
Despite the perception that aging baby boomers may create an oversupply of traditional single-family homes as they downsize into smaller residences, a new Royal LePage Real Estate survey shows demand for suburban detached homes remains strong among this generation.
The GTA’s tale of two markets
The GTA's tale of two markets was even more prevalent in the tally of new home sales in January, the Building Industry and Land Development Association (BILD) announced this week.
Minto named Ontario green builder of the year
For the second year in a row, the Minto Group was honoured with the two top prizes at EnerQuality's Awards of Excellence. Minto was named the 2012 Leader of the Year and Ontario Green Builder of the Year by EnerQuality, Canada's foremost provider of green building services.
Architects named to Order of Canada
Governor General David Johnston recently announced four Canadian architects have been appointed members of the Order of Canada.
Toronto’s South Beach condos win awards
South Beach Condos and Lofts in Toronto recently won two awards at the International Property Awards. The development by Amexon Development Corp. was awarded with Best Highrise Architecture and Best Mixed-Use Architecture for Canada.
Tour des Canadiens gains two additional floors
Cadillac Fairview Corp. Ltd., Candarel, the Fonds immobilier de solidarité FTQ and the Club de hockey Canadien recently announced the addition of two floors to the Tour des Canadiens condo building. With the additional floors, the Tour des Canadiens will stand at 50 floors (552 units), and is now Montreal’s tallest residential project.
Fourth quarter condo market report
Greater Toronto Area (GTA) Realtors recently released its fourth quarter condo market report, recording 3,830 condominium apartment sales through the Toronto MLS system during the fourth quarter of 2012. The number represented a decline of 23 per cent compared to the same period in 2011, which saw 5,005 sales.
Windmill brings green infill condo to Ottawa
Windmill Development Group recently unveiled a new sustainable infill condominium building, the Eddy. Located in downtown Ottawa, it marries stringent green innovation with modern design and community improvement.
TD Canada Trust releases condo survey
TD Canada Trust recently released a survey of condo buyers in Toronto, Montreal, Calgary and Vancouver, highlighting 38 per cent of participants were not confident they could afford a condo fee increase.



