Industry News
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
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
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
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.
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.
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.



