According to data from the Ottawa Real Estate Board, a total of 853 residential properties were sold in Ottawa during the month of February, a decrease of 1.7 per cent from the year prior. The sales figure is also below the five-year average for February, which is 914 units.

Multi-unit urban housing starts reached 86, 214 units in February, shifting downward from the 115, 123 starts reported in January, according to the Canada Mortgage and Housing Corporation’s latest Preliminary Housing Start data. In eight of the ten Canadian provinces, all housing types experienced a decline in month-over-month housing starts.

Despite record low temperatures recorded in Toronto this February, home sales increased by 11.3 per cent on an annual basis, according to the Toronto Real Estate Board (TREB). A total of 6,338 home sales were registered through the TorontoMLS system and increases were seen across most major housing types.

Canadian company VIVA Retirement Communities hopes a zoning by-law amendment proposal will be approved to make way for an eight-storey rental retirement building and a seven-storey condominium for seniors in the Leaside community of Toronto, Ont. The buildings, which would consist of 175 units and 109 units, respectively, would be located at 146-150 Laird Dr.

According to a report from Sal Guatieri of BMO Financial Group, the number of unsold condo units in Toronto soared to levels not seen in 21 years this January. Guatieri, a Senior Economist at BMO, predicts that the rise in unsold condos, which reached 1,602 units, will slow the increase of new condo prices.

Data suggests that a condominium corporation should expect to spend between $100 and $500 per parking stall per year in order to keep its parking

A three-building condominium development, including Ottawa's tallest building to date, was approved by Ottawa City Council last week. The proposed development, which includes an 18-storey tower, a 45-storey tower and a 55-storey tower, will be collectively known as “The Sky.”

The Real Estate Investment Network of Canada (REIN) recently listed Hamilton, Ont. as one of Ontario’s top real estate investment markets and developer Sonorak Corporation (Sonorak) plans to take advantage of that with a new condominium development on the city’s waterfront.

Sequel 138, a 97-unit affordable housing development located at 138 Hastings St. in Vancouver, B.C., has entered construction. The project offers low to moderate-income families and individuals access to affordable condominiums and rental apartments.

Barrie condo owners might soon get relief from “paying double” for garbage collection. City Council has agreed to cost into its 2015 budget either rebating

Construction of the 35-acre CIBC Pan Am/Parapan Am Athletes' Village, known as the Canary District, is now complete and ready to house a total of 10,300 Pan American and Parapan American Games athletes and officials. When the Games begin in July 2015, the Village will feature a YMCA, banks, a coffee shop, a general store, a dining tent, a prosthetic and wheelchair repair centre, and an 18-acre park.

According to the Building Industry and Land Development Association (BILD), sales of new homes and condominiums in the Greater Toronto Area were just above the 10-year average in January. In the high-rise sector, a total of 825 new condo sales were tracked for the month.

The Ontario government is aiming to introduce a modernized Condo Act this spring, Minister of Government and Consumer Services David Orazietti said Friday in a phone interview.

Karl Lagerfeld, a German designer, artist and photographer based out of Paris, France, has partnered with CD Capital Developments and Freed Developments to design two lobbies in the new Art Shoppe Lofts + Condos mixed-use development in Toronto, Ont. The condominium will be the first project in North America to involve Lagerfeld’s influential and creative direction.

Reflections Condominium (Reflections), a 12-storey condo development in Toronto's North York region, has earned a LEED Gold certification from the Canada Green Building Council (CaGBC). A joint venture project by FRAM Building Group and Cadillac Fairview Corporation, the 106-unit residential development was recently completed and is one of a few condo developments to receive the Gold certification.

As of Feb. 1, 2016, Calgary multi-family building residents will have access to more robust on-site recycling services under the region’s new council-approved Waste & Recycling Bylaw. Apartments, condominiums, townhouses and other multi-family complexes will be required to accept paper and cardboard, food cans, glass jars, plastic containers and bags. The City of Calgary will not collect multi-family recycling, but builder owners and managers will be tasked with determining which private company best serves the needs of their building.

According to the Greater Montreal Real Estate Board (GMREB), condominium sales in the Montreal region fell nine per cent, year-over-year, in January. In fact, with the exception of plexes (two to five units), all property types registered decreased sales when compared with January 2014 statistics.