Industry News
Canadian home sales set new March record
The number of homes sold through MLS Systems across the country in March increased 1.5 per cent month-over-month, setting a new all-time record for the month, according
Soaring home prices in GTA cause rent increases
The average cost to rent a condo in the Greater Toronto Area (GTA) has increased 6.8 per cent year-over-year to $2.53 per square foot, according
3XN to design third phase of Bayside Toronto
Following a design competition process, real estate firm Hines and condominium developer Tridel have selected 3XN, a Danish design firm, as the design architect of
MURBs in on new and improved CDM programs
Toronto Hydro is promising some perks for the multi-residential sector as part of its effort to reduce customers' electricity consumption by nearly 1.6 million megawatt-hours (MWh) before 2021.
Condo investors to hold units long term: CMHC
Condo investors plan to hold their units for the long term, found the Canada Mortgage and Housing Corporation (CMHC) in its third and latest Condominium
Better protection for B.C. real estate consumers
The Real Estate Council of B.C. is putting into place new methods to enhance public protection for real estate consumers in the province. Effective April
Proposed lighting requirements for high-rises
Lighting requirements for high-rise dwellings in the energy standard published by ASHRAE and the IES is open for industry comment until April 24.
Ontario’s new four-year assessment cycle begins
Ontario's Municipal Property Assessment Corporation (MPAC) reports province-wide residential property values have increased by an average of 4.5 per since January 2012.
Housing prices in Calgary trend lower in March
Home prices in Calgary fell further as economic conditions, such as unemployment, put pressure on the city’s housing market. Calgary’s benchmark price fell 0.49 per
TREB reports record-high home sales for Q1
March was a strong month for the Toronto Real Estate Board (TREB), which posted record-high home sales for the first quarter of 2016. There were
Regina condo fire destroys three units
Regina Fire & Protective Services (RF&PS) Investigators recently completed an investigation into a fire that occurred late on March 20, 2016. The fire, which destroyed
Millennials prioritize home ownership: CIBC poll
In a recent poll conducted by CIBC, 86 per cent of millennials (ages 18 to 34) stated that they found home ownership important, which is
Feds target gap in foreign home buyer data
The feds allocated $500,000 to Statistics Canada in their 2016 budget for the purpose of developing ways to close the gap in foreign home buyer data.
CREA expects rebalanced housing market in 2016
The Canadian Real Estate Association (CREA) has updated its forecast for home sales through the MLS Systems for 2016 and has also included 2017 in
National home sales increase in February
Canadian home sales have increased for the second consecutive month, recording a 0.8 per cent increase from January to February 2016, according to statistics released
Finalists named for Homeowners’ Choice Awards
Tarion recently announced the finalists for the 2016 Homeowners’ Choice Awards, the only awards that give Ontario new home buyers the ability to recognize their
Housing Excellence award finalists announced
The Canadian Home Builders’ Association (CHBA) has announced the finalists for the first annual National Awards for Housing Excellence, sponsored by Delta Faucet and Genworth



