Industry News
Artscape raises $21.4-mil to support creative hub
Artscape has raised $21.4 million in funding to support its art and design entrepreneurship hub Artscape Daniels Launchpad.
GTA new housing supply drops to record low
In March, the GTA’s housing supply challenges caused record-breaking prices, unprecedented inventory lows and skyrocketing condo apartment sales, says BILD.
GTA condo lease transactions up 3.5 per cent in Q1
Greater Toronto Area realtors reported 6,680 condominium apartment lease transactions during the first quarter of 2017, up 3.5 per cent year-over-year.
Ontario foreign buyer tax may drive Montreal sales
The QFREB says Ontario's new foreign buyer tax may increase the presence of foreign buyers in Montreal's real estate market.
National home sales edge higher in March
Canadian home sales rose 1.1 per cent from February to March 2017, surpassing the previous monthly record set in April 2016, according to statistics released by the Canadian Real Estate Association (CREA).
Average condo prices climb in Ontario and B.C.
A just-released Spring 2017 overview of 23 markets across Canada shows an upward trend in British Columbia and Ontario with modest declines in Alberta and Atlantic Canada.
Meeting held on GTA housing affordability
Minister Bill Morneau, Minister Charles Sousa and Mayor John Tory convened on April 18 to discuss their shared concern over housing affordability in the GTA.
Ontario’s Fair Housing Plan aims to stabilize market
In an effort to make housing more affordable, Ontario is introducing a Fair Housing Plan to bring stability to the province’s real estate market.
2017 Homeowners’ Choice Award winners revealed
Tarion has announced the recipients of the 2017 Homeowners’ Choice Awards, honouring Ontario home builders with the best customer service.
GTA home sales climb 17.7 per cent in March
According to the TREB, there were 12,077 home sales in March 2017, an increase of 17.7 per cent compared to the 10,260 sales in March 2016.
Luxury Manhattan condo first to be WELL-certified
21W20, a new luxury condominium located in New York City, is the world’s first residential project to be certified under the WELL Building Standard.
ICE District helps MacDonald Lofts residents relocate
ICE District is assisting residents of MacDonald Lofts find safe and affordable housing with the help of the Government of Alberta and Homeward Trust.
Mixed-use development Transit City set for Vaughan
SmartREIT, Mitchell Goldhar and CentreCourt Developments have proposed the development of Transit City within the 100-acre SmartCentres Place in Vaughan.
MRCM promotes Mark Marshall to vice president
Maple Ridge Community Management (MRCM), an Associa company, has promoted Mark Marshall, RCM, to the position of vice president.
New Westminster is B.C.’s next hot market
According to research from the Real Estate Investment Network (REIN), New Westminster is poised to become an even hotter market in Metro Vancouver as families seek relative
Ontario passes home inspection legislation
Ontario passed home inspection legislation that will regulate one of few currently unregulated professionals that have a role in real estate transactions.
Working-at-heights training deadline extended
Under certain conditions, construction workers who completed fall protection training before new requirements took effect in 2015 will have six more months to complete working-at-heights training.


