Renting increased by three times the rate of home ownership in last decade: RBC
Posted: Dec 12th, 2022In: ConstructionNewsTORONTO – Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the past[...]
Read More about Renting increased by three times the rate of home ownership in last decade: RBCAverage rents in Canada up 4.4% year over year
Posted: Feb 25th, 2022In: ConstructionNewsThe average rent for all Canadian properties listed on Rentals.ca in January was $1,807 per month, up 4.4 per cent annually and 1 per cent monthly, according to the Rentals.ca and Bullpen Research & Consulting[...]
Read More about Average rents in Canada up 4.4% year over yearNational rental price up 3% from last year, while vacancy rates hold steady: CMHC
Posted: Feb 18th, 2022In: ConstructionNewsCanadian tenants faced another year of affordability challenges as rents crept up nationally and were particularly high in Vancouver and Toronto. The findings from Canada Mortgage and Housing Corp.’s annual rental market report released Friday show the[...]
Read More about National rental price up 3% from last year, while vacancy rates hold steady: CMHCRural population growth concentrated near urban centres, StatCan says
Posted: Feb 11th, 2022In: ConstructionNewsCity of Yorkton, Saskatchewan (source: yorkton.ca) Kelly Rae, the administrator of Arran, Sask., says the denizens of dwindling rural communities like her own are clinging to a vanishing way of life in Canada. Between 2011[...]
Read More about Rural population growth concentrated near urban centres, StatCan saysDespite COVID 19, census shows population grew at fastest rate in G7, topping 36.9M
Posted: Feb 10th, 2022In: ConstructionNewsOTTAWA – Canada’s population grew at a faster rate than many of its peers, rising to over 36.99 million on census day last year despite a historic slowdown caused by COVID-19. Statistics Canada said the[...]
Read More about Despite COVID 19, census shows population grew at fastest rate in G7, topping 36.9MDowntown populations climbed faster, though pandemic hampered rate of growth: census
Posted: Feb 10th, 2022In: ConstructionNewsTORONTO – When Mark Garner looks around downtown Toronto all he sees is growth. At Yonge and Gerrard streets, the executive director of the Downtown Yonge Business Improvement Area watches the lobby of the 80-storey[...]
Read More about Downtown populations climbed faster, though pandemic hampered rate of growth: censusGTA New Condo Sales Soar to Near Record High in 2021: Urbanation
Posted: Feb 3rd, 2022In: ConstructionNewsUrbanation Inc., released its year-end 2021 Condominium Market Survey results, showing Greater Toronto Area (GTA) new condominium apartment sales totaling 30,844 units in 2021, increasing by 69% over 2020 (18,282 units) and narrowly missing the[...]
Read More about GTA New Condo Sales Soar to Near Record High in 2021: UrbanationToronto Area Condo Rental Market Tightens in Q4
Posted: Jan 31st, 2022In: ConstructionNewsAccording to the Toronto Regional Real Estate Board (TRREB), condominium apartment rental transactions dipped in Q4 2021 compared to the same period in the previous year. This drop was due to an even greater year-over-year[...]
Read More about Toronto Area Condo Rental Market Tightens in Q4Nova Scotia throne speech talks health care reforms, but says little on housing
Posted: Oct 15th, 2021In: ConstructionNewsAgricola Street, Halifax, Nova Scotia (photo: Citobun via Wikimedia Commons) HALIFAX – Nova Scotia’s new government said Tuesday finding solutions for the province’s ailing health system is its top priority, but opposition parties said the[...]
Read More about Nova Scotia throne speech talks health care reforms, but says little on housingDurham Region to take Brock to court regarding housing project delay
Posted: Oct 15th, 2021In: ConstructionNewsReiderman Residence (Vancouver) Photo Credit: NRB Modular Solutions THE STANDARD NEWSPAPER BROCK: The Region of Durham is taking the Township of Brock to court over the dispute regarding the Beaverton supportive housing project.[...]
Read More about Durham Region to take Brock to court regarding housing project delay