The tri-cities will be on the hook for the creation of 70,000 new homes by 2031 under sweeping new housing legislation announced Tuesday by the Ontario government. … Read More
Province Tells Guelph: ‘Build 18,000 New Homes By 2031’
Guelph will see 18,000 new homes built by 2031, if provincial officials get their way. In a letter sent Tuesday afternoon to Mayor Cam Guthrie, … Read More
More People Leaving Toronto, Montreal For Smaller Pastures As Pandemic Hastens Urban Exodus
Tens of thousands have left Canada’s 2 largest cities in past year, official data shows Canada’s urban exodus picked up steam into the second year … Read More
3D Printing Could Help Build Homes With Unique Designs More Cheaply, Advocates Say
Robots, software speed up construction while making it precise, repeatable The Fibonacci House in Proctor, B.C., boasts spectacular views of the nearby mountains — but that’s not … Read More
New Stress Test Level Makes It Harder To Qualify For A Mortgage In Canada
Higher bar for stress test will reduce pool of qualified borrowers and cool the real estate market It’s a bit harder to qualify for home … Read More
Canada’s New Home Construction Hits Record High In March
Canada’s average home selling price also soared 31.6 per cent year over year Canadian housing starts rose 21.6 per cent in March compared with the previous … Read More
How The ‘Missing Middle’ Is Pushing K-W Housing Prices Higher And Higher
Single detached homes are unaffordable for all but the highest-income earners in K-W When news broke that Waterloo region real estate had smashed through yet … Read More
London Apartment Vacancy Rate Hits Eight-Year High Of 3.4 Per Cent
London’s apartment vacancy rate jumped to its highest level in eight years in 2020, as new units hit the market and demand decreased amid the … Read More
Canadians Leaving Big Cities In Record Numbers: Statistics Canada
Canada’s biggest cities are experiencing a record-breaking loss of people as urbanites move to smaller bedroom communities in search of affordable homes. According to a … Read More
‘All-time Low’ In Available Homes Fuels London Real-estate Frenzy: Realtor
The COVID-19 pandemic has done nothing to cool the “frenzy” in London’s housing market. Realtors sold a record 596 homes and low inventory coupled with … Read More