Real Estate - Fix Team

Affordability Has Worsened Due to Municipal Development Charges and Delays: CHBA

By:Building .caPosted: Apr 1st, 2025In: ConstructionNews

The Canadian Homebuilders’ Association (CHBA) has released its 2024 Municipal Benchmarking Study that examines how local development processes, approvals, and charges impact housing affordability and housing supply in major housing markets across Canada. The study examines[...]

Declining Homebuilder Sentiment Highlights Need for Policy Changes: CHBA

By:Building .caPosted: Dec 10th, 2024In: ConstructionNews

In the third quarter, builder sentiment across the country continued to decline according to the results from the Canadian Home Builders’ Association (CHBA) 2024 Q3 Housing Market Index (HMI). The report noted that Ontario and[...]

Workforce Increase Required to Meet Housing Supply Targets to Address Affordability in Canada

By:Building .caPosted: Apr 22nd, 2024In: ConstructionNews

BuildForce Canada released its residential employment outlook for 2024-2033 on April 11, which predicts that in order to reach the 5.8 million housing starts over the next 10 years needed to address housing affordability, Canada’s[...]

Decreased rental prices suggest return to moderation despite low vacancy: report

By:Building .caPosted: Oct 27th, 2023In: ConstructionNews

The industrial market in the Greater Toronto Area (GTA) is moving towards a more moderate phase, with vacancy rates slowly rising and smaller quarter-over-quarter increases in average net asking rents, according to JLL’s latest Industrial[...]

Bank of Canada raises interest rates as it tries to get ahead of hot economy

By:Building .caPosted: Jun 8th, 2023In: ConstructionNews

Photo: Bank of Canada OTTAWA – After watching to see whether its aggressive rate hike path were enough to quash inflation, the central bank has opted to raise interest rates again – fuelling speculation that another rate[...]

Industry professionals respond to the 2023 Federal Budget

By:Building .caPosted: Apr 4th, 2023In: ConstructionNews

The Canada Green Building Council (CAGBC), Canadian Urban Transit Association (CUTA), Pembina Institute, Canada’s Building Trades Unions, and RESCON have issued the following statements in response to the federal government’s Budget 2023: According to the[...]

2023 Federal Budget: Ontario Construction Secretariat

By:Building .caPosted: Apr 1st, 2023In: ConstructionNews

Canada rebounded quickly from the pandemic, and in 2022 it was the fastest growing economy in the G7. This was due to government support, strong population growth (highest in the G7), and resilient household and[...]

Unprecedented construction needed in B.C. to offset record immigration: Report

By:Building .caPosted: Mar 30th, 2023In: ConstructionNews

VANCOUVER — Home construction in British Columbia will need to rise to unprecedented levels to offset the impact of record immigration on the housing market, the B.C. Real Estate Association said in a new report[...]

Ontario budget shows lower projections for new home construction

By:Building .caPosted: Mar 25th, 2023In: ConstructionNews

TORONTO — Projections in Ontario’s budget for housing starts show the province’s target to build 1.5 million homes in 10 years slipping further out of reach with each passing year. Nearly 100,000 homes were built[...]

Inflation in Canada continues to slow, reaffirming BOC’s rate pause

By:Building .caPosted: Mar 22nd, 2023In: ConstructionNews

OTTAWA – Canada’s annual inflation rate continued to slow last month, reaffirming the central bank’s decision to hold its key interest rate steady. In its latest consumer price index report released Tuesday, Statistics Canada said the country’s inflation rate[...]