Real Estate News
Development Projects
Gracorp Proposing 34-Storey Tower At Future South Granville Station In Vancouver
The tower being proposed by Gracorp Properties would sit at 1470-1476 W Broadway and include a secondary entrance to the future South Granville Station.
Jul 26, 2024
Condos
Most Toronto Condo Investors Are Cash Flow Negative
Data from Urbanation and CIBC highlights the fact that the GTA is “facing the most significant test since the 1991 recession,” and condo investors are feeling it hard.
Development Projects
Country Calling: Get To Know Sherwood Park, A Beloved Alberta Hamlet
For those who prefer to opt out of urban life without being too far removed from modern comforts, hamlets like Sherwood Park, Alberta are a perfect landing place.
Development Projects
Toronto's First Mass Timber Development On City Land Gets Final Approval
The 10-storey building will be a part of the City’s Mass Timber Pilot Program, which aims to assess the feasibility of delivering affordable rental housing while reducing carbon emissions.
Newly Listed Trinity Bellwoods Modern Serves Sleek Sophistication
In the heart of the Trinity Bellwoods neighbourhood, a stunning family home (meets architectural feat) is waiting to be fallen for.
Real Estate News
More Than 75 New Condo Projects On Hold In GTHA Amid “Dislocated” Market
“We need a combination of lower rates, higher resale prices, and higher rents for the math to work again for investors,” Urbanation's Shaun Hildebrand tells STOREYS.
Development Projects
Anthem And Crestpoint Take Over West End Project From Strand And Intracorp
Anthem Properties and Crestpoint have also made significant changes to the tower planned for 1318 Thurlow Street and 1068-1090 Burnaby Street in the West End of Vancouver.
Construction
CMHC Introduces 'Frequent Builder Framework' To Fast-Track Loan Applications
The frequent builder framework will allow applications for CMHC's Affordable Housing Fund and Apartment Construction Loan Program to be expedited.
Construction
June Sees Another Slow Month For New Home Sales In GTA
Following record-breaking lows for GTA new home sales in May, data released by the Building Industry and Land Development (BILD) today shows sleepy conditions continued into June thanks to structural barriers and high costs to build.
Real Estate News
How Immigration And Migration Are Reshaping Canada's Luxury Home Markets
“Migration Nation” is the aptly named title of the Sotheby's International Realty Canada report revealing how population trends are impacting the country's most lucrative housing markets.
Policy
Bosa Properties Says Burnaby Policies Make Purpose-Built Rental Projects "Unbuildable"
Bosa Properties recently sent a letter to Burnaby City Council outlining its thoughts, after it backed out from acquiring a site in the Royal Oak neighbourhood.
Development Projects
Plans Filed For ‘Four Seasons’-Inspired Apartment With Only Three-Bedroom Units
All of the proposed units are slated to be three-bedrooms, which Darryl Frankfort of Dealcore Properties says will allow them to suit "various needs, such as additional space for grandchildren, home offices, or live-in help."
Industry
OREA CEO Tim Hudak Steps Down After Seven Years
Tim Hudak has revealed to OREA members that he is stepping down as chief executive officer, effective August 2, 2024.
Development Projects
Cedar Coast Planning Langley Mall Redevelopment With 10 Buildings And 1,900 Units
Cedar Coast acquired the Langley Mall at 5501 204 Street from First Capital REIT over two years ago.
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