Industry News
New residential lands pegged for Vaughan Metropolitan Centre area
SmartCentres and Penguin have teamed up on a 15.48 acre site next to the Vaughn Metropolitan Centre.
Tarion to welcome new CEO
Peter Balasubramanian, current chief operating officer of Tarion Warranty Corporation, has been named as the new chief executive officer.
River City 3 first in Toronto to win international award
River City 3 in West Don Lands is the first building in Toronto to receive a Best Tall Building Award of Excellence from The Council
Average condo price in GTA to reach $600,000: report
The average condo price in the Greater Toronto Area is expected to increase 6.0 per cent year-over-year in 2020, rising to $600,000.
SCOUT Condos construction underway
The design of SCOUT Condos will focus on masonry and a warehouse aesthetic to reflect the West St. Clair West neighbourhood.
Condo forms delegated to Condominium Authority of Ontario
Condo corporations will soon be able to better access and use required forms under the Condo Act.
Five policies that could affect the housing market
Immigration figures into the Real Estate Investment Network’s list of five policies that are likely to affect the future housing market.
Ontario plans to fix Tarion home warranty
Ontario says its going to repair the Tarion home warranty program with new legislation tabled last week.
Tarion CEO to retire this year
Howard Bogach, president and chief executive officer of Tarion Warranty Corporation, announced he will be retiring soon.
Vancouver to phase in 75% hike on empty homes tax
Vancouver will be phasing in an empty homes tax rate hike of 25 per cent for each of the next three years.
Alberta overhauls condo regulations
Adjustments include everything from disclosure of information to how annual general meetings are organized.
Ontario presents bill to toughen real estate ethics
Ontario has introduced a long-awaited bill that would make significant changes to the way real estate professionals conduct their business.
Peter & Adelaide tower breaks ground in Toronto
Construction has started on Peter & Adelaide, a 47-storey, mixed-use tower that combines condo suites and retail.
Smaller buildings spared Ontario benchmarking
Owners of smaller commercial and multi-residential buildings in Ontario will still be welcome to voluntarily share energy and water consumption data, but a looming deadline for mandatory disclosure has been withdrawn.
Strong demand for 1 Square Phillips in Montreal
The first phase of the 1 Square Phillips condo in Montreal is underway, with strong buyer demand, reports project developer Brivia Group.
Rat complaints on the rise, survey finds
Health inspectors report more rat complaints in apartments and private homes across the country.
Tribunal upholds Toronto’s short-term rental by-law
Toronto’s short-term rental regulations are no longer in limbo after the Local Planning Appeal Tribunal dismissed operators' appeals on Monday.


