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Industry News

SkyCity aims to revitalize downtown Winnipeg

Fortress Real Developments is entering the Winnipeg market with SkyCity Centre, which was designed by a team of consultants and designers to change the landscape

ACMO celebrates achievements in condo industry

On Oct. 23, the Association of Condominium Managers of Ontario (ACMO) held its Annual Awards Luncheon to recognize outstanding achievement and professionalism in Ontario’s condominium

Prevel launches Phase 4 of Lowney sur Ville

On Oct. 17, Prevel unveiled Phase 4 of its Lowney sur Ville condominium project in Montreal, Que. The new phase offers 106 units spread across

Toronto condo offers free Nissan LEAF to owners

In an effort to encourage sustainability in the Toronto condo market, Minto Westside and Nissan Canada have partnered to offer purchasers of Bside units a

Home prices experienced moderate growth in Q3

According to the Royal LePage House Price Survey released October 14, home prices in the third quarter of 2015 experienced moderate to strong increases in

GTA sees 22.6-per-cent increase in condo rentals

The Toronto Real Estate Board (TREB) reported 9,635 condominium apartment rental transactions through the MLS System in the third quarter of 2015, which is a

GTA purpose-built construction hits 25-year high

According to Urbanation Inc.’s third quarter condo and purpose-built rental market report, the number of GTA condo units rented through the MLS system reached a

Calgary luxury storage condos to open in 2016

The VAULTS Development Corp has announced it plans to open its luxury storage condominium development, the VAULTS North Calgary, in October 2016. “Car storage condominiums
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Canadian home sales slowed in September

According to the Canadian Real Estate Association (CREA), the number of homes sold across the country through the MLS System fell 2.1 per cent from

Toronto to consider a test run of ‘condo clinics’

Coun. Shelley Carroll, the local representative for Ward 33 Don Valley East in Toronto, is proposing that the city do a test run of 'Condo Clinics.'

Public hearings dates for Condo Act reform bill

The standing committee on finance and economic affairs plans to hold public hearings on the Protecting Condominium Owners Act on Oct. 22 and 29 in Toronto.

New development slated for Old Longueuil

Real estate developers Prevel Alliance and Inovim recently launched Station Sud, a joint condominium project slated for construction in Old Longueuil, located on Montreal’s south
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GTA home resales up 2.5 per cent in September

According to the Toronto Real Estate Board (TREB), there was a combined total of 8,200 home sales recorded for September through the MLS System. This

$500-mil investment approved for Deerhurst

Following city council approval, Skyline International will move ahead with making the largest investment in Muskoka’s history. The $500 million master planned community and new

Empire Communities wins big at OHBA Awards

GTA-based builder and developer Empire Communities has been named the 2015 Home Builder of the Year by the Ontario Home Builders’ Association (OHBA) at the
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CREA upwardly revises home resales forecast

The Canadian Real Estate Association has upwardly revised its forecast for home resales activity and average prices for 2015 and 2016.

Key luxury real estate markets to heat up this fall

Luxury real estate will be in high demand in the Toronto and Vancouver markets this fall, outpacing available inventory, forecasts Sotheby's in a report.