CondoBusiness - Industry News
REMI

Industry News

director training

CAO expands director training

The CAO's updated director training program features two new modules for communication and conflict resolution.
Kingsley Square

Kingsley Square brings more condo living to Newmarket

Two 15-storey condo towers will be linked with a three-storey podium that features street-level retail spaces.
renter feedback survey

Condo listings soar across Canada

Condo listings have soared across seven large urban centres since January.
district energy

District energy brings sustainable promise to Lakeview Village

A sustainable district energy system will soon transform the site of a former coal-burning power generating station into a green community.
Lacey Green Village

Lacey Green Village breaks ground in Quebec

The housing project pays particular attention to adapting the heights of the buildings for a balanced integration into the Kirkland landscape.
GTA

GTHA new condo sales drop to near 30-year low

The Greater Toronto Hamilton Area new condo market reported 567 sales in Q3-2024, the lowest quarterly total since 1995.
housing

Smaller-sized condos a favourite among investors

A greater amount of small condo units under 600 square feet are being used as investment properties in Toronto and Vancouver.
Canoë

Inclusive Canoë project begins launch in Montreal

Property developer Rachel Julien launched the first two phases of Canoë, a mixed-use residential development in the Mercier—Hochelaga-Maisonneuve district.
employment contracts

Competition Bureau investigating CREA’s conduct

The Competition Bureau obtained a court order for its ongoing investigation into CREA's potential anti-competitive conduct.
Alberta prepares to pester electricity consumers

Alberta prepares to pester electricity consumers

Consumers enrolled for Alberta’s default electricity rate will be asked to reaffirm their purchasing decision at 90-day intervals beginning next year.
the CAT

Ontario requests feedback for changes to Condo Act

The changes propose strengthening protections for condo owners and purchasers by improving transparency and clarity.
Committee of adjustment workload could shrink

Committee of adjustment workload could shrink

Proposed new rules could sideline the committee of adjustment when Ontario property owners add one or two additional residential units on lots zoned for single-family homes in urban areas.
short-term rental

Vancouver updates short-term rental rules

The definition of a short-term rental will be changed to less than 90 days.
The Laurels

First phase of The Laurels launches in Milton

The first phase of The Laurels, a seven-building multi-residential project in Milton, Ontario, is underway.
HST

Toronto updates vacant home tax program

Property owners will have a longer time to declare occupancy and be able to do so through a more user-friendly portal. 
BC housing

Canadians convey most desirable home types

Respondents from more affordable provinces showed a stronger preference for single-family homes.
HAF

Housing starts down in August by 22%

The annual pace of housing starts in August dropped 22 per cent compared to July.