Industry News
OREA recommends ways to end “bully” offers
In response to government consultations, the Ontario Real Estate Association (OREA) has proposed 28 recommendations for ending “bully offers” in real estate.
Report: Condos a harder sell for Canadian renters
It's becoming harder for renting Canadians to make a move to condos. This is according to an RBC housing report that indicates the high price of single-family housing is driving demand for condos and creating intense affordability pressures.
Davpart unveils plans to transform historic Toronto landmark
The former Maclean Publishing Company/Maclean-Hunter Building is believed to be North America's tallest architectural heritage retention development.
Calgary condo market sees modest uptick as more renters look to buy
According to the latest Royal LePage House Price Survey, low rental vacancy rates and rising rental costs in Calgary are contributing to a modest increase in condominium ownership.
Support announced for Canada’s first-time home buyers
The Government of Canada has revealed plans to provide additional support for Canadian home buyers.
Montreal’s QuinzeCent condo breaks ground
Montreal developers Brivia Group and Tianqing Group have kicked off construction of the QuinzeCent condominium project. The partners attended a ground-breaking ceremony on March 21
Jobs foreseen from energy efficiency spending
The 2019 federal budget allocates $950 million to underwrite retrofits and energy-efficient new development in the municipal, not-for-profit, private homeownership and affordable housing sectors.
Winners announced for 2018 EQ Awards
The 2018 EQ Awards celebrated 20 years of EnerQuality and feted the accomplishments of industry leaders as award winners were announced.
GTA new home sales up 14 per cent in January
In January, sales of new homes the GTA experienced a moderate annual increase, reports the Building Industry and Land Development Association.
Work-at-heights training program successful: study
According to a study by the Institute for Work and Health, Ontario’s working-at-heights training program is successful at preventing worker injuries.
Greybrook invests in Toronto mid-rise development
Greybrook Realty Partners Inc. has announced plans to invest $27.6 million to acquire and oversee the development of a two-acre parcel of land in Toronto.
OREA names Kim Clouthier new provincial director
The Ontario Real Estate Association (OREA) has elected Kim Clouthier, a Sault Ste. Marie-based real estate broker, as provincial director.
Montreal condo becomes 100 per cent EV-ready
A condo in Outremont, Montreal is the first building of its kind to be ready to host electric vehicles at every interior and exterior parking stall.
Line 5 South Tower set to launch early this year
Line 5 South, the second phase of the two-tower development from Reserve Properties and Westdale Properties, is set to launch early this year.
Ontario to introduce new home warranty regulator
The Ontario government has announced plans to transform Tarion Warranty Corporation and implement initiatives to better inform and protect new home buyers.
Affordable housing set for surplus federal properties
Surplus federal properties in Ontario, Quebec and Newfoundland are set to be repurposed into affordable housing as part of the Federal Lands Initiative.
National housing starts trend held steady in January
In January 2019, the trend in housing starts was 208,131 units, up from December 2018’s 207,171 units, according to Canada Mortgage and Housing Corporation.


