construction
Under Construction
"A Recipe For Disaster": Bureaucracy, Taxes Continue To Add To Housing Crisis
While there has been a cultural shift and recognition by all levels of government that the problem is very real, taxes, fees, and levies have pushed the cost of housing to astronomical heights.
Oct 16, 2024
Construction
How DCC Rates Compare Across Metro Vancouver Municipalities
A recent report found that rates for development cost charges (DCCs) vary quite significantly from city to city.
Real Estate News
Is This (Finally) The Bottom?
For more than two years, the GTA real estate market – from new builds to resale – has been on a downward trajectory. Has that finally changed?
Construction
High Interest Rates Resulted In 30,000 Fewer Housing Starts In 2023: CMHC
According to modeling by the CMHC, interest rates decreased housing starts by about 30,000 units, a decline of 10 to 15%.
This Stately Rosedale Home Boasts The Backyard Sanctuary Of Your Dreams
To say that 77 Chestnut Park Road “sits pretty” in Rosedale would be an understatement — the home sits beautifully, and our favourite thing about it is the incredible backyard.
Commercial
As Vancouver Office Market Dips, Developers Turn Their Attention To Hotels
There continues to be uncertainty around the office market, while the region pushes for more hotel development ahead of FIFA 2026.
Construction
‘There’s Going To Be A Crisis’: New Condo Construction Is Heading Toward A Cliff
“This is not something where you can flick a switch and all of a sudden we have deliveries. We know that if we're not starting anything in ‘25, there are going to be no deliveries in ‘28.”
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.
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.
Construction
Metro Vancouver Developers Link Arms, Take Aim At DCC Increases
Developers such as Wesgroup, Polygon, Anthem, Strand, and Edgar are pushing the Metro Vancouver Regional District to reconsider DCC increases.
Construction
"From Bad To Worse": Construction Productivity In Canada At 30-Year Low
Canada has a productivity problem, and according to head economists at TD, the construction sector is the main culprit.
Under Construction
Taxes, Fees, And Levies Keep The Cost Of Homebuilding From Adding Up
Richard Lyall, president of the Residential Construction Council of Ontario (RESCON), breaks down the cost of doing business when it comes to building new homes in the province, and the math is hard to swallow.
Construction
BC Updates Building Code To Allow Single Egress Designs For Mid-Rise Buildings
The Province hinted that it was going to be making this change to the BC Building Code over the summer and has now officially moved forward with it.
Marlon Math
The Most Common Reasons Behind Real Estate Receiverships And Insolvencies
Hip to be broke? Unfortunately, this season’s “in thing” in real estate is actually the thing most regular folks want to avoid the most: forbearances, receivership, and insolvency.
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