real estate canada
Canadian home starts soar 26 per cent in June, topping expectations: CMHC
The result topped what economists had expected. Continue reading
76% of Canada’s national wealth is wrapped up in real estate, and the market is slowing: data
By Jesse Ferreras Online Journalist
Analysis of data from the U.S. Federal Reserve indicates that this is a higher share of national wealth than real estate takes up in the United States. Continue reading
Home ownership rates slipping but condos are still booming: census
The proportion of Canadians who own their own homes has fallen slightly between 2006 and 2016, according to information collected by Statistics Canada in the most recent census. Continue reading
Montreal luxury real estate sales spike as Toronto, Vancouver’s slump
In Montreal, sales of condominiums and homes over $1 million jumped 60% year-over-year this July and August. Continue reading
CMHC report reveals ‘problematic conditions’ of Canadian housing market
CMHC defines problematic conditions as imbalances in the housing market where metrics depart significantly from historical averages. Continue reading
Pace of housing starts slows in October with big drop in B.C., CMHC says
The agency says the seasonally adjusted annual rate fell to 192,928 units in October, down from 219,363 units in September. Continue reading
Home sales down 1.3% in July
The Canadian Real Estate Association says July marked the third consecutive month of fewer housing sales. Continue reading
Housing boom doesn’t need to end badly for Canada: report
With energy prices flat and exports sluggish, having a booming housing industry is not so bad — as long as the proper policies are in place, the report argues. Continue reading
Construction of new houses down in July, says CMHC
The pace of new Canadian residential construction eased last month following an unusually robust June, but still held up stronger than expected. Continue reading
Climate change is affecting the way we design buildings
Severe weather events like wildfires and floods are becoming more frequent and more difficult to predict, forcing architects and engineers to rethink how they design buildings, infrastructure and cities. Continue reading