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Manitoba sticks to optional new home warranty

After first postponing the date the legacy legislation from its predecessor would come into force, the provincial government now plans to repeal the New Home Warranty Act.

Canadian Property Management

B.C. affirms uneven split of hydro system costs

It's estimated that equitable apportionment could push residential rates 2.2 per cent higher than the proposed 1.8 per cent increase for fiscal year 2020, while commercial rates would drop and industrial rates remain the same.

CondoBusiness

Mortgage financing stress test makes the grade

Among the continuing concerns, some lenders are still relying on the equity of the property, rather than the borrower's ability to repay the loan.

REMI Network

ENERGY STAR to recognize multi-res buildings

A pilot program launched today aims to take energy efficiency to new heights by recognizing multi-res buildings with ENERGY STAR labels.

Canadian Apartment Magazine

New York targets rent-to-own marketing tactics

Through the option-to-purchase approach, prospective homebuyers remained tenants until the end of the option period, but were induced to waive many of their regulatory protections.

REMI Network

High-density land in the GTA traded at $92/sf in Q2

High-density land in the GTA traded hands at an average of $92 per buildable square foot in Q2-2018, according to a report

Canadian Apartment Magazine

Energy use disparity seen in housing tenures

Analysis of nearly 133,000 households across the United States reinforces intuitive assumptions about who is most likely to invest in energy-efficient appliances.

CondoBusiness

How to remediate previously hoarded units

What cleaning and repair work is required to remediate a previously hoarded unit? An extreme-cleaning expert answers.

Canadian Apartment Magazine

Toronto reviews fraternity and sorority houses

Toronto's licensing and standards committee will consider recommendations for more rigorous scrutiny of fraternity and sorority houses, which would require operators to annually prove the status of their properties.

CondoBusiness

Vacant dwelling tax deemed costly to collect

Much of the data that might indicate if a unit is vacant comes from fragmented sources, is not currently collected or inaccessible due to privacy issues, and is frequently inconclusive.

CondoBusiness

Advances in pest control could help condos

Several recent advances in pest control could help condo managers combat the bed bugs, flies, others insects and rodents that can invade their properties.

CondoBusiness

Vancouver home sales fall nearly 30 per cent in March

In March 2018, the Real Estate Board of Greater Vancouver reported 2,517 residential home sales, down 29.7 per cent compared to March 2017's 3,579 sales.

CondoBusiness

Quebec and Newfoundland proffer homebuyer funds

Provincial budgets, released in both provinces on March 27, outline different approaches to financial assistance that's projected to benefit about 430 recipients in Newfoundland and 47,000 in Quebec.

CondoBusiness

Rich amenities make up for shrinking suites

The economic realities of development today have meant that suite sizes have had to shrink, and developers are creating amenity-laden buildings to compensate.

Canadian Apartment Magazine

Institutional investors see residential gains

This was the third consecutive year the REALPAC/IPD Canada Property Index showed improved returns on residential investment, and the second year running that residential was the top-performing property sector.

Canadian Apartment Magazine

UK housing data standard promises efficiencies

A newly released data standard is the first step in an envisioned common platform for the United Kingdom's housing providers to manage and integrate information.

CondoBusiness

Short list rivals undercut Toronto on housing

An overview of median list prices among the 19 American contenders for Amazon's second headquarters reveals a wide gulf between New York and every other market, while Toronto is largely matched with Los Angeles as the next most expensive cities.