government rental construction

GTA home sales down 47% from last year, 24% from June: Toronto real estate board

By:Building .caPosted: Aug 5th, 2022In: ConstructionNews

TORONTO – The moderation of the Greater Toronto Area’s housing market intensified last month as the region’s real estate board found July sales fell 47 per cent from the same time last year and 24[...]

Roommates, multi generational homes rising amid increasing costs, immigration: census

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

TORONTO – When Gina Athanasiou’s father died in 2016, she realized her mother, who bounced between Canada and Greece for most of her life, didn’t have a pension large enough to cover the soaring costs[...]

Canadian home buyers face least affordable market in a generation: RBC

By:Building .caPosted: Jun 26th, 2022In: ConstructionNews

RBC’s latest housing affordability report released Thursday reveals that the situation is the worst its been since the early 1990s, and will worsen before it gets better. RBC’s aggregate affordability measure for Canada went up 3.7[...]

Record-setting year for residential construction industry: CHBA report

By:Building .caPosted: Jun 25th, 2022In: ConstructionNews

The Canadian Home Builders’ Association (CHBA) has released its annual report on the performance of Canada’s residential construction industry, which according to the association, details a record-setting year for the industry in its contribution to[...]

Ontario must commit to affordable housing for all, not attainable housing

By:Building .caPosted: Jun 24th, 2022In: ConstructionNews

A for sale sign outside a home indicates that it has sold for over the asking price, in Ottawa, in March 2021. House prices and rents have become increasingly more unaffordable in Ontario over the[...]

Alberta housing starts rebound to 2015 levels as oil prices surge

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

CALGARY – Alberta’s cities are once again abuzz with the sound of hammers and saws as surging oil prices fuel a fresh building boom in the province. According to Statistics Canada, housing starts in Alberta,[...]

Home Building, Construction and RE Groups Congratulate Ford’s PC Party

By:Building .caPosted: Jun 3rd, 2022In: ConstructionNews

Various construction, home building and real estate organizations have come forward and congratulated Ontario’s Premier Doug Ford and the PC’s for being re-elected. The Progressive Conservatives cruised to a second majority government Thursday. Doug Ford’s[...]

GTA new home market slows down in April: BILD

By:Building .caPosted: May 25th, 2022In: ConstructionNews

The GTA new home market showed signs of slowing down in April from the exceptionally strong pace of the past year, the Building Industry and Land Development Association (BILD) announced today. Total April new home[...]

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[...]