Teagan Sliz
Teagan has covered Toronto, GTA, and Ontario cottage country real estate. Before coming to STOREYS as a staff writer, she was a freelance writer for Toronto Life and Cottage Life.
Development Projects
32-Storey Mixed-Use Development Proposed Near Future Fairbank LRT Station
The proposed development from Clifton Blake Group would bring over 400 new units to the Caledonia-Fairbank neighbourhood.
Development Projects
$421M St. Lawrence Centre Revamp Faces Cancellation
A city staff report is recommending the St. Lawrence Centre redevelopment project be cancelled, calling it "a considerable financial risk for the City."
Construction
Gap Between Population Growth And GTA Housing Stock At 50-Year High
"This is a bright red warning light on the dashboard for all levels of government. Without bold steps, the housing crisis in the GTA is going to get far worse in the years ahead," says President and CEO of BILD David Wilkes.
Taxes
Toronto Updates Vacant Home Tax Program After Thousands Of Charges Mistakenly Issued
Toronto's Vacant Home Tax program — meant to incentivize vacant homeowners to sell and source funding for new housing initiatives — has been revamped to avoid another taxation tragedy.
Affordable Housing
Plans Filed For City-Led Affordable Housing Development In Parkdale
Nearly a year after being selected as Toronto's first City-led development site, plans have been filed for a four-storey affordable housing development in Parkdale.
Development Projects
14-Storey Mixed-Use Development Proposed For North Port Lands
The development, proposed by The Sud Group of Companies, would rise 14 storeys and bring 166 new residential units to Greenwood-Coxwell.
Policy
"It Defies Logic”: Is Toronto's Approach To Development Charges Broken?
Development Charges (DCs) now make up a hefty amount of a Toronto home’s total overall cost, significantly driving up already near-record home prices — prices that are ultimately shouldered by homebuyers
Real Estate News
GTA Reaches New "Historical Low" With Fewer Than 500 New Home Sales In August
“August’s new home sales data paints a stark picture of a housing market that is struggling with deep structural issues that have made the cost to build too high," says BILD rep Justin Sherwood.
Construction
Canadian Housing Starts Drop 22% In August, Undo July Gains
The decline brings the seasonally adjusted total housing starts from July's 279,804 units down to 217,405.
Real Estate News
Canadian Housing Market Stuck In "Holding Pattern": CREA
With more rate cuts "all but guaranteed" for the coming months, sales ticked up nominally in August as would-be-homebuyers continued to hold out for lower rates.
Mortgages
Feds Introduce Two Substantial New Mortgage Reforms
The reforms, which include greatly expanded eligibility for 30-year mortgage amortizations as well as a price cap increase for insured mortgages, are intended to make homeownership more attainable and affordable for Canadians.
Construction
New Edmonton Auto-Review System To Bring Same-Day Approval For Development Permits
Those applying to build a detached or semi-detached home in Edmonton, can have shovels in the ground that same day, thanks to a new automated review system.
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