Construction - Fix Team

Inflation sets fresh three decade high at 6.8% in April with little sign of cooling

By:Building .caPosted: May 21st, 2022In: ConstructionNews

OTTAWA – The cost of nearly everything at the grocery store continued to climb higher to help push the annual inflation rate to a fresh three-decade high in April and economists warn prices could continue to heat[...]

Huron County councillors push for expedited housing results

By:Building .caPosted: May 20th, 2022In: ConstructionNews

WINGHAM ADVANCE TIMES HURON COUNTY – Several county councillors spoke up after a presentation by Tim Welch, principal of TWC Consulting Inc, regarding the Huron County Housing Renewal Plan, commenting on how this critical initiative needs to[...]

Housing crisis in Ontario worse than ever, Gen Squeeze says

By:Building .caPosted: May 19th, 2022In: ConstructionNews

CANADA’S NATIONAL OBSERVER House prices and rents in Ontario have become more unaffordable in the past two years than in any other recent two-year period anywhere in the country, according to a new report from[...]

Worry, buyer’s remorse high as real estate market slowdown materializes

By:Building .caPosted: May 18th, 2022In: ConstructionNews

TORONTO – A wave of buyer’s remorse is taking shape in several heated real estate markets, after housing prices started dropping and the number of sales slowed over the last two months. Realtors and lawyers[...]

Bruce County launches affordable housing toolkit

By:Building .caPosted: May 17th, 2022In: ConstructionNews

THE WALKERTON HERALD TIMES BRUCE COUNTY – Staff have been working with a consulting firm to develop the affordable housing toolkit. Phase one of the toolkit was launched May 5. It’s a web-based document that[...]

CREA reports home sales down in April as mortgage rates rise

By:Building .caPosted: May 16th, 2022In: ConstructionNews

Increasing mortgage rates slowed home sales in April from the frenzied pace they started the year at, the Canadian Real Estate Association said Monday. The association found the number of homes sold dropped by 25.7[...]

OREA Calls on Provincial Parties to Prioritize Housing Policies

By:Building .caPosted: May 15th, 2022In: ConstructionNews

According to the Ontario Real Estate Association, with the Canadian dream of home ownership on life support in Ontario, Ontario REALTORS are calling on all political parties and candidates running in the 2022 Ontario election[...]

Promise tracker: What the Ontario parties are pitching on the campaign trail

By:Building .caPosted: May 14th, 2022In: ConstructionNews

TORONTO – A running list of election promises announced by the Progressive Conservatives, NDP, Liberals and Greens in Ontario since late March: Progressive Conservatives May 9: Increase disability support payment rates by five per cent[...]

Co-op housing could help solve Canada’s affordability crisis, advocates say

By:Building .caPosted: May 13th, 2022In: ConstructionNews

Ayanna Inniss believes the co-op movement could be part of the solution to this country’s housing affordability crisis. The Edmonton-area woman still remembers the “soul destroying” experience of looking for affordable housing 20 years ago,[...]

BoC’s Gravelle says “perfect storm” fueling inflation, but key differences from ’70s

By:Building .caPosted: May 12th, 2022In: ConstructionNews

MONTREAL – Inflation is at a multi-decade high, but the situation is different than the 1970s when high inflation was combined with high levels of joblessness and slow or recessionary economic growth, a senior Bank of Canada official said Thursday. In[...]