9/13/2024 | Posted in New Developments by Marti Philp
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The total value of building permits surged by 22.1% month-over-month to $12.39 billion in July 2024, far exceeding market expectations of a 2.5% increase, following an upwardly ... More

Real Estate & Mortgage News

  8/28/2024 | Posted in Canadian Housing Market by Marti Philp
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A home building industry association says new home sales in July were at an all-time low, and is calling on urgent action from the government. ... More

Real Estate & Mortgage News

  5/22/2024 | Posted in Canadian Housing Market by Marti Philp
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Interest rates for builders and buyers playing into slowdown, putting dozens of housing projects on pause. ... More

Real Estate & Mortgage News

  5/2/2024 | Posted in New Developments by Marti Philp
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As of the beginning of April, 2024, 324 cranes towered over the skies of the Greater Toronto and Hamilton Area (GTHA), representing a slight, but persistent, downward trend ... More

Real Estate & Mortgage News

  4/16/2024 | Posted in Canadian Housing Market by Marti Philp
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February. ... More

Real Estate & Mortgage News

  4/4/2024 | Posted in Canadian Housing Market by Marti Philp
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Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, Canada's ... More

Real Estate & Mortgage News

  4/2/2024 | Posted in Government and Regulation by Marti Philp
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Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development charges ... More

Real Estate & Mortgage News

  3/18/2024 | Posted in Canadian Housing Market by Marti Philp
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Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country. ... More

Real Estate & Mortgage News

  10/6/2023 | Posted in Canadian Housing Market by Marti Philp
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A recent report from the Canadian Centre for Policy Alternative(opens in a new tab) shows that new housing construction is at a lower level today than it was at the worst point of ... More

Real Estate & Mortgage News

  9/22/2023 | Posted in New Developments by Marti Philp
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August activity at more than 60% below the region's 10-year average sales level ... More

Real Estate & Mortgage News

  8/18/2023 | Posted in New Developments by Marti Philp
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Many Canadian homebuyers waiting patiently for construction to finish on their pre-sale unit are being met with cancellation notices from developers. The building environment is ... More

Real Estate & Mortgage News

  4/8/2020 | Posted in Canadian Housing Market by Marti Philp
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The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  4/3/2020 | Posted in Ontario Real Estate by Marti Philp
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Speaking from Queen’s Park on Friday afternoon, Ontario Premier Doug Ford announced a halt to all residential construction in the province. ... More

Real Estate & Mortgage News

  3/24/2020 | Posted in New Developments by Marti Philp
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Building construction investment in Canada edged higher in January with a 0.5% rise compared to the previous month. ... More

Real Estate & Mortgage News

  3/9/2020 | Posted in Canadian Housing Market by Marti Philp
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The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  2/10/2020 | Posted in Canadian Housing Market by Marti Philp
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The national trend in housing starts essentially held steady in January. ... More

Real Estate & Mortgage News

  2/3/2020 | Posted in Toronto Real Estate by Marti Philp
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Developers are betting on new projects in some of Toronto’s oldest suburbs to attract millennials fleeing from the main city area’s inflamed home prices. ... More

Real Estate & Mortgage News

  1/10/2020 | Posted in Canadian Housing Market by Marti Philp
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There was a decline in the 6-month moving trend in Canadian housing starts in December. ... More

Real Estate & Mortgage News

  1/7/2020 | Posted in New Developments by Marti Philp
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There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group. ... More

Real Estate & Mortgage News

  12/10/2019 | Posted in New Developments by Marti Philp
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There were some slight increases but the 6-month trend was essentially unchanged ... More

Real Estate & Mortgage News

  11/3/2019 | Posted in Ontario Real Estate by Marti Philp
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Ontario home warranty provider will require greater disclosure and information sheets. ... More

Real Estate & Mortgage News

  10/8/2019 | Posted in New Developments by Marti Philp
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The value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits. Gains ... More

Real Estate & Mortgage News

  9/10/2019 | Posted in Canadian Housing Market by Marti Philp
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The pace of new housing starts in August climbed 1.9 per cent compared with July as the housing market rebounded from its recent slowdown. ... More

Real Estate & Mortgage News

  8/14/2019 | Posted in Canadian Housing Market by Marti Philp
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The trend in housing starts was 208,970 units in July 2019, compared to 205,765 units in June 2019, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  7/11/2019 | Posted in Canadian Housing Market by Marti Philp
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Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas. ... More

Real Estate & Mortgage News

  6/27/2019 | Posted in New Developments by Marti Philp
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There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% from ... More

Real Estate & Mortgage News

  6/26/2019 | Posted in Toronto News by Marti Philp
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Oxford Properties Group is planning a US$3.5 billion development in downtown Toronto that would be one of Canada’s biggest real estate projects. ... More

Real Estate & Mortgage News

  6/24/2019 | Posted in Canadian Housing Market by Marti Philp
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The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada. ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Canadian Housing Market by Marti Philp
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The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  6/6/2019 | Posted in GTA Real Estate by Marti Philp
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There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year. ... More

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