Home Construction
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Ottawa making financing cheaper for more builders to spur rental constructionThe effort to offer cheaper mortgage rates to more builders comes as construction costs have ballooned in recent years amid expensive materials and rising interest rates.CanadaSep 26, 2023
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Single-family housing starts picked up pace amid overall slowdown in AugustCanadian homebuilders slowed the pace of housing starts in August, according to the CMHC, particularly among multi-unit builds in urban areas.EconomySep 18, 2023
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4 dead after scissor lift falls at house construction site in QuebecPolice say the victims were atop a scissor lift several metres above the ground as they worked on a new house when the device fell over and fatally injured all four people.CanadaAug 20, 2023
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1 in 5 homebuilders are nixing projects amid high rates. Here are your rightsMore Canadian developers are slowing their pace of building or nixing projects completely. Here's what you need to know about your rights if you bought a pre-sale home.MoneyAug 18, 2023
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Canada doesn’t have enough homes to own. Renters will pay the priceA new housing outlook from Canada Mortgage and Housing Corp. shows that as homeownership remains out of reach for many, renters will face higher costs.MoneyApr 27, 2023
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Multi-unit home construction continuing to rise in London, Ont.According to the latest Canada Mortgage and Housing Corporation report, single-home construction in London is down year-over-year.MoneyFeb 15, 2023
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Here’s how high interest rates are impacting Canada’s condo demandBuilders in Toronto and other major cities are feeling less confident about condo projects and are scaling back development plans as interest rates and building costs rise.MoneyAug 6, 2022
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Canada’s pace of new builds slowed in June, housing agency saysThe pace of homebuilding in Canada hit a summer slowdown in June, according to the CMHC, which reported new housing start data on Monday.EconomyJul 18, 2022
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Laval families livid, fear loss of life savings following developer’s bankruptcyMohammad Hori is one of more than 100 families who allege that they have lost tens of thousands of dollars each to developer Bel-Habitat for the construction of homes in Laval.ConsumerJul 6, 2021
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Sky-rocketing lumber prices shock renovators: ‘It’s ridiculous’Sky-rocketing lumber prices are causing sticker shock for some hoping to renovate.CanadaApr 15, 2021
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