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Industry News

Quebec firms partner on Espace Montmorency

Claridge and the Fonds immobilier de solidarité FTQ are partnering on Espace Montmorency, a $420-million Quebec’-based mixed-use project.

Police investigate incident at Toronto condo

The Toronto Police Service’s (TPS) 14 Division is seeking public assistance after a suspicious incident was reported at a Liberty Village condominium. The report, outlined

Charges laid in Collingwood fraud investigation

According to a Nov. 23 news release, members of the Crime unit from the Collingwood and The Blue Mountains detachment of the Ontario Provincial Police

New retirement community coming to Quebec

Chartwell announced that it has entered into a partnership with EMD-Batimo Inc. to develop a new independent living retirement residence in the community of Vaudreuil-Dorion, Quebec.
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Canadian home sales grew 1.8 per cent in October

Canadian home sales increased by 1.8 per cent from September to October, according to statistics recently released by the Canadian Real Estate Association (CREA). As

Fall in prices could devastate young homeowners

According to a study released Nov. 9 from the Canadian Centre for Policy Alternatives (CCPA), young homeowners will be the most affected by a correction

Canadian housing starts trend upward in October

According to Canada Mortgage and Housing Corporation (CMHC), the trend measure of housing starts in Canada for October was 206,089 units, compared to 202,793 in

New homebuyers research through social media

According to Canada Mortgage and Housing Corporation (CMHC)’s 2015 First-Time Homebuyers Survey, new homebuyers are twice as likely to use social media to research information
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October home resales hit record number: TREB

According to the Toronto Real Estate Board (TREB), there were 8,804 homes sold in the Greater Toronto Area through the MLS System in October 2015,

Hamilton in high demand by GTA buyers

Hamilton has been steadily gaining popularity among GTA home buyers as it is one of the more affordable options for those looking to purchase a

Consumer confidence based on experience

According to a new survey conducted for the Real Estate Council of Ontario (RECO), age and experience account for the biggest differences in consumer confidence

Squamish development sold out in 90 minutes

Parkhouse Squamish Ltd. held presales for ParkHouse Condominiums, one of Squamish, B.C.’s largest condo developments on Nov. 7. The 65-unit, four-storey wood-framed building was sold

Advisor to review protection for new home buyers

Ontario has recently announced the appointment of the Honourable J. Douglas Cunningham, QC as a special advisor to review protections for buyers of new homes

Vancouver home sales undeterred by low supply

According to a Nov. 3 statement from the Real Estate Board of Greater Vancouver (REBGV), Metro Vancouver listed 3,646 residential property sales through the MLS

Toronto new condo sales slow as resales pick up

According to Urbanation Inc.’s Q3-2015 condo market results released Nov. 5, a total of 4,031 new condominium units were sold across the Greater Toronto Area

CMHC warns of overvaluation in 11 urban centres

According to the Housing Market Assessment (HMA) from Canada Mortgage and Housing Corporation (CMHC), which looks into evidence of problematic housing market conditions in 15
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Housing markets expected to moderate in 2016

According to the fourth-quarter Housing Market Outlook, Canada Edition from Canada Mortgage Housing Corporation (CMHC), housing markets are expected to moderate in 2016 and 2017.