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Industry News

Energy efficiency

Energy efficiency motivating new home buying

Ninety-six per cent of buyers interested in pre-construction and newly built homes rank energy efficiency as being almost equally important as the price, size and design of a home.
Ontario unveils mix of new business tax measures

Ontario announces 2024 rent increase guideline

Allowable rent increases will max out at 2.5 per cent for most of Ontario’s sitting residential tenants in 2024, trailing the current 5.9 per cent average inflation rate.
Cliffside Village

Kingside Residences launches in Cliffside Village

Future residents of a boutique condo rising in Cliffside Village will have views of the surrounding Scarborough Bluffs as they ascend to their suites in a glass elevator.
St. Clair Village

Second phase of St. Clair Village begins

908 St. Clair is a 12-storey, 173-suite building that follows the first phase of the condo project.
8 Elm

8 Elm at Yonge and Dundas begins ascent

Arcadis designed the tower, with Cecconi Simone overseeing interiors that blend residential living and hospitality.
Quayside

Quayside condo honoured with CTBUH’s Future Project Award

Plans entail meeting Passive House and Zero Carbon standards, while setting new benchmarks in sustainability.

Mississauga appoints new director of building

Rick Conard is the new director of building and chief building officer for the City of Mississauga. He replaces Ezio Savini, who retires this month.
housing market

Strong mayor powers expanded to 26 municipalities

The Ontario government is expanding strong mayor powers to the mayors of 26 fast-growing municipalities that have pledged to invest in housing.
home sales

Canadian home sales gain ground in May

Sales rose in about 70 per cent of all local markets, including the Greater Toronto Area (GTA), Montreal, Greater Vancouver, Calgary, Edmonton, and Ottawa.
Slip-and-fall injury bill stranded in Manitoba

Slip-and-fall injury bill stranded in Manitoba

Manitoba's legislative term expired soon after the government introduced proposed amendments to the Occupiers' Liability Act similar to changes already adopted in Ontario.
Innisfil

Mixed-use project for Innisfil boosts attainable housing

A mixed-use community is bringing more than 2,000 market and attainable homes to Innisfil, Ontario.
housing

Potential homebuyers sidelined waiting for mortgage rates to drop

Housing costs are among the top three sources of financial anxiety for Canadians, after fears of unknown expenses and concerns about their overall financial situation.
Quebec

May marks return of buyers in Montreal

Almost all the main metropolitan areas in the Montreal CMA are experiencing an annual downward trend in sales.
B.C. moves to mandate cooling in new housing

B.C. moves to mandate cooling in new housing

A proposed amendment to the B.C. building code would require cooling capability to maintain the temperature at no higher than 26⁰ Celsius in at least one room of every new residential dwelling unit.
new home

GTA new home market rebounds in April

The new home market in the Greater Toronto Area began to normalize in April with sales starting to return to more traditional levels.
first-time homebuyers

Confidence among first-time homebuyers edges up

Homebuyers are placing greater importance on the proximity of their homes to where they work.
Leaside

Geoexchange system a highlight of new Leaside condo

The Leaside is a new mid-rise condo community that promises connectivity via the new Laird Crosstown LRT station in Toronto.