Canada
CondoBusiness
Canadian home sales slightly higher in September
According to a recent report from the Canadian Real Estate Association (CREA), national home sales recovered slightly in September 2016 compared to August.
CondoBusiness
Bank of Canada interest rates remain on hold
The Bank of Canada has announced it is keeping its target overnight lending rate at 0.5 per cent, but lower interest rates are expected for the near future.
Canadian Facility Management & Design
GE factory breaks ground in Welland
A ground-breaking ceremony was held in Welland for GE’s first Brilliant Factory in Canada. PCL Constructors Canada is the project’s general contractor.
Canadian Facility Management & Design
Royal Alberta Museum set to open in late 2017
Construction on the exterior of the new Royal Alberta Museum is complete, bringing the facility one step closer to opening in late 2017.
Canadian Facility Management & Design
Doors Open Toronto issues call for proposals
The 18th annual Doors Open Toronto, a free weekend-long celebration of Toronto’s architecture, history and urban design, will be held May 27 and 28, 2017.
Canadian Facility Management & Design
NexRev establishes Canadian operations
NexRev LLC has launched its energy efficiency improvement expertise in Canada with a regional office in Toronto. The Plano, Texas-based company, which also specializes in
CondoBusiness
Toronto’s luxury real estate market on the rise
According to a new report released by Christie’s International Real Estate and Canadian affiliate Chestnut Park Real Estate of Toronto, Toronto is the world’s second-hottest
REMI Network
Canadian business cost competitiveness ranked
Mexico and Canada offer the most competitive combination of costs for facilities, utilities, tax, transportation and labour among 10 countries recently surveyed for their amenability to international business.
CondoBusiness
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
CondoBusiness
February housing starts relatively unchanged
In February 2016, the trend measure of Canadian housing starts was 198,880 units, compared to 199,107 units in January, according to Canada Mortgage and Housing
Canadian Apartment Magazine
Average cost to rent an apartment in Canada
Rentseeker.ca, Canada’s leading apartment finder and real estate listing website, recently published its Fall 2015 infographic featuring the average cost to rent an apartment throughout Canada. Broken
CondoBusiness
CREA revises 2015 and 2016 home sales forecast
The Canadian Real Estate Association has revised its forecast for home sales activity through the MLS Systems for both 2015 and 2016. Following its last
CondoBusiness
Canada modifies mortgage insurance rules
On Dec. 11, Finance Minister Bill Morneau announced changes to the rules for government-backed mortgage insurance in order to contain risks in the housing market,
CondoBusiness
Housing starts trend higher in November: CMHC
According to Canada Mortgage and Housing Corporation (CMHC), Canadian housing starts trended upward in November at 208,401 units, compared to 206,125 in October. The trend
CondoBusiness
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
CondoBusiness
Canadian home sales dipped slightly in July
Canadian home sales, as tracked through the MLS systems of real estate boards and associations across the country, dipped 0.4 per cent from June to July. This marks the second
CondoBusiness
Harper pledges to help first-time home buyers
Prime Minister Stephen Harper unveiled a pledge Wednesday to raise the Home Buyers’ Plan withdrawal limit from $25,000 to $35,000 if re-elected.