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TRENDING: Housing Starts Hit Highest Level In 7 Months
July 27, 2023
07:24 PMTrending
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Industry
Birch Hill, Brookfield Acquire First National Financial In $2.9B Deal
The firm says they have “agreed to be acquired by Birch Hill Equity Partners and Brookfield, with existing shareholders Stephen Smith and Moray Tawse maintaining minority ownership.”
Listed Country
Stunning And Sprawling 66-Acre Estate Listed In Hockley Valley
Just an hour outside of Toronto, a 66-acre estate — nestled in the rolling hills of Hockley Valley — has just hit the market. And it's a property that has to be seen to be believed.
Hockley Valley
Development Projects
Toronto Council Approves 8 Proposals From Altree, Hullmark, Devron & More
Standout proposals include a 63-storey tower from BV Realty Partners and a 50-storey building from Devron Developments.
Insider: It's Time To Get Back To Basics (And Sell Homes, Not Just Paper)
It wasn’t that long ago that pre-construction sold itself. The market was hot, units moved in minutes, and buyers would sign almost anything — just to get in. But now, the market has shifted.
Development Projects
Reliance Proposing 35-Storey Hotel And Condo Tower Next To Robson Square
The proposal by Reliance Properties is set for 807-715 Hornby Street, right across the street from Robson Square in downtown Vancouver.
Policy
A Third Of All Land Buys Are Now Multiplex: Vancouver’s Zoning Bet Is Paying Off
After a slow start, the City's 2023 zoning change has triggered a surge in residential multiplex development — with sales climbing, timelines shrinking, and small-scale builders leading the charge.
Finance
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
Last month, we saw the central bank hold the policy rate at 2.75% — the level it’s been since March.
Breaking Charts
Canada’s Housing Market Is Trapped In A Dangerous Triangle
This is more than an economic challenge — it is a test of Canada’s ability to build a housing system that serves the aspirations of its people, writes real estate thought leader Daniel Foch.
Development Projects
5-Tower Condo Complex Proposed Next To Scarborough Town Centre
If approved, the proposed development would replace three single-storey commercial and industrial buildings with eight-, 37-, 37-, 39-, and 42-storey towers.
Meet The Agent
Meet The Agent: Rochelle Cantor, Engel & Völkers Montréal
It's time to say "Hello" to Rochelle Cantor, Engel & Völkers Montréal, who focusses on the Montreal Area.
Policy
Toronto City Council Waives Development Charges On Sixplexes
The decision follows last month's vote to allow sixplexes as of right in just nine wards, instead of legalizing them city-wide as agreed to in the City's Housing Accelerator Fund agreement. As a result, millions in annual funding remain on the line.
Policy
BC Extended The REDMA Presale Period To 18 Months. Will It Make A Difference?
Earlier this year, the BCFSA extended the REDMA early marketing period from 12 to 18 months for large projects, giving developers more time to hit their presale targets.
Listed Luxe
Airy Refinement Abounds At This Vancouver Family Home
In a neighbourhood where demand consistently outpaces supply, this is a home that hits every note — size, style, and setting.
Listed Country
Striking Alberta Home Brings Modern Opulence To The Alpines
In the rugged heart of Alberta’s Bow Valley, where wilderness meets refined living, 118 Cairns Landing stands as a rare expression of mountain luxury.
Development Projects
Mizrahi To Renegotiate Presale Contracts For Ottawa Project In Restructuring
The 12-storey luxury condo development coming up in Westboro was started back in 2015 and is now in the final stages of construction.
Construction