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Industry News

Canada

Canada rekindling war-time housing plan

Canada is creating a catalogue of pre-approved home designs that builders can use to create more density and help solve the housing crisis.
Geary Factory Lofts

Geary Factory Lofts to become corporate condo hub

The Geary Factory Lofts will feature raw floor plans of 800 to 15,000 square feet.
Outremont

Condo rising in Mont-Royal-Outremont district

Developers of the seven-storey condo are aiming for LEED Silver certification.
Oakridge Mayfair

First phase of Mayfair West project revealed

Grosvenor has submitted a development permit application to redevelop the first phase of Mayfair West.
housing market

Report forecasts busier housing market in 2024

The average residential sale price in most regions is expected to increase between two and 7.5 per cent in 2024.
HST

Toronto’s vacant home tax deadline approaching

In October, Toronto City Council approved an increase in the tax rate for vacant properties from one per cent to three per cent for the 2024 taxation year, which will become payable in 2025.
consumer debt

New report compares consumer debt in Canadian cities

An analysis by savvynewcanadians.com breaks down complex financial data from CMHC and Statistics Canada to reveal how much debt Canadians are carrying from city to city.
new deal Toronto and Ontario

Ontario promises Toronto over $1 billion in funding

The deal includes up to $1.2 billion in provincial operating supports towards key investments in areas such as housing development and transit infrastructure.

Birchley Park wins best project at Brownie Awards

Birchley Park was honoured as Best Overall Project for 2023 at the Brownie Award ceremony in Toronto tonight.
hamilton

City of Hamilton green lights 45-storey waterfront tower

A 45-storey tower has been approved as part of a redevelopment project that will transform Hamilton's Pier 8 into a waterfront community.
Calgary

Multi-res plans for a former high school site in Calgary 

The redevelopment plan envisions a variety of housing types with 2,500 residences close to employment and education hubs.
CMHC

CCI Toronto names Condo of the Year

The board and management team have undertaken several projects, including flood protection measures and reducing the environmental footprint of the property.
Metro Vancouver

B.C. introduces bill for homes near transit hubs

The Government of British Columbia is introducing legislation to speed up delivery of homes near transit, services and amenity hubs.
BILD

High borrowing costs sting GTA homebuyers

Home sales in the Greater Toronto Area were down last month, but selling prices remained higher than last year’s levels.
One Roxborough West

One Roxborough West comes to Summerhill

One Roxborough West is a 12-storey condo in Toronto that recently launched in the Summerhill community.
condo sales

Home sales in Greater Montreal reach near record low

October home sales in the Greater Montreal Area reached the second lowest level of activity in 23 years.
Winslow

Clean air is an amenity at Lawrence Park mid-rise

The Winslow is a mid-rise condominium in Toronto, located in Lawrence Park near the Blythwood Park Ravine and Alexander Muir Gardens.