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REMI

Industry News

housing

Consumer uncertainty stalls spring housing market

Canada's spring housing market is slow compared to previous years, but activity is picking up, according to new data from Royal LePage.
New demand response incentives

Ontario launches new demand response incentive

A new incentive for Ontario’s Class B electricity customers offers $54.84 per kilowatt of load reduction during specified peak demand periods between June 1 and Sept. 30.
resale

GTA resale market tightens in March

There was an uptick in March home sales in the Greater Toronto Area, which suggests affordability conditions are improving.
new home

GTA new home market underperforms despite small gain

New home sales in the Greater Toronto Area climbed modestly in February 2026, but vastly trail historical averages.
resiliency

Canada’s costliest disaster of 2025 underscores home resiliency

Insured damage from last year’s March ice storm in Ontario and Quebec is now estimated at $466 million.
Taza Park

First condos to launch in Calgary’s Taza Park

A mid-rise residential development in Calgary's Taza Park will be the first purpose-built condo project in the emerging 470-acre community.
relocation

Toronto unveils major deal to cut development charges

The landmark multi‑billion‑dollar agreement will significantly reduce development charges on new housing while advancing the Waterfront East Transit line.
tool

Surrey unveils eCheck tool for residential approvals

The City of Surrey has launched an innovative digital compliance tool designed to streamline the residential plan review process.
key

Nearly 20% of Canadians retain a key to their previous home

Nearly a fifth of Canadians still have a key to their previous home. This figure rises to 23% among 18‑ to 34‑year-olds.
BCREA

BCREA appoints Kim Heizmann as new chair

Okanagan-based realtor Kim Heizmann is the new BCREA chair for the 2026-2027 term.
rental

$1.3B fund to convert 2,200 GTA condos into rental housing

A public-private partnership will acquire blocks of unsold condo units and convert them into long-term rental housing.
homeownership

Canadians maintain homeownership goals in tough market

Nearly one-third of Canadians plan to buy a home in the next two years, according to RBC’s Spring Home Ownership Poll.
HST

Ontario eyes HST relief for all new home buyers

The Ontario government is proposing to waive HST on the purchase of all newly constructed homes.
rental

Rental starts dominate new construction

Record-high rental construction and more missing middle housing contributed to a notable increase in residential starts in 2025.
Committees of adjustment thrust into new status

Committees of adjustment thrust into new status

Municipal committees of adjustment are coming under closer scrutiny with the advent of as-of-right permissiveness for designated categories of housing in Toronto and throughout Ontario.
renovations

CHBA launches new Renovation Market Index

Canadian Home Builders’ Association's newly released Renovation Market Index measures current renovation activity and expectations to gauge health of the sector.
BILD

BILD announces new board leadership

The Building Industry and Land Development Association announced several key leadership appointments to its board of directors.