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Industry News

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National home sales dipped in June

According to the Canadian Real Estate Association (CREA), national home sales fell 0.9 per cent from May to June, causing sales activity to dip 2.6

City land-use regs cause rising home prices: study

According to a new study released by policy think-tank the Fraser Institute, municipal land-use regulations may to be blame for the falling supply of new

B.C. home inspectors call for cooling off period

Due to the dwindling new home listings in some regions of B.C., particularly the Lower Mainland, and the competition it is causing, some home buyers

GTA home sales increase as new listings fall

The Greater Toronto Area saw 12,794 residential property transactions in June 2016, a 7.5 per cent increase compared to the 11,905 home sales reported during the
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Metro Vancouver home sales reach record high

In June 2016, Metro Vancouver’s residential property sales increased 0.6 per cent year-over-year to reach a total of 4,400 sales. This figure is a 7.7

Governments to collaborate on housing strategy

At a recent meeting among federal, provincial and territorial ministers responsible for housing, ministers agreed to move forward with a renewed collaboration between both levels

B.C. real estate industry loses self-regulation

British Columbia’s government plans to end industry self-regulation in the real estate industry and focus on increasing the governance, oversight, transparency and accountability of the

Quebec condo fees based on building age: study

The Quebec Federation of Real Estate Boards (QFREB) has unveiled results to the first-ever study on how condo fees of divided condominium units differ between

New program to assist first-time home buyers

Concord Adex has announced a new program to give local first-time buyers an advantage when buying their first home. The developer has stopped all sales

Fluidity of architecture explored at RAW SHIFT

Toronto’s Riverdale neighbourhood became a popular destination for the design crowd on June 23 with RAW SHIFT, a one-night-only flash architecture installation. Hosted by RAW
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Report warns against tightening mortgage rules

In a report released June 28, Will Dunning, Mortgage Professionals Canada’s chief economist, warned against further tightening mortgage lending conditions in Canada, saying it would significantly

Working group launched to study housing market

In an effort to further its goal to help the middle class and those that are working hard to join it, the Government of Canada

Mixed-use development planned for Summerhill

Diamond Corp, Tricon Capital Group Inc. and RioCan REIT have recently closed two separate transactions including the acquisition of about one acre of land in

Prével launches final phase of Lowney sur Ville

Lowney sur Ville’s final 104 units were recently put up for sale by Prével, marking the end of a project that spanned 12 years to
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National home resales dip after record month

The Canadian Real Estate Association reported a dip in national home resales of 2.8 per cent in May after breaking the monthly record in April.
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National home resales to rebalance: CREA

The Canadian Real Estate Association (CREA) expects to see national home resales rebalance away from B.C. and Ontario in the second half of the year.
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National home resales to rebalance: CREA

The Canadian Real Estate Association (CREA) expects to see national home resales rebalance away from B.C. and Ontario in the second half of the year.