Canadian Housing Starts Jump 14% As Builders Play “Catch Up”

Canadian Housing Starts Jump 14% As Builders Play “Catch Up”

[ad_1] Houses for sale in Ottawa Canadian homebuilding started the year on a sluggish note, with housing starts slipping 10% between December and January. But February more than made up for that decline. According to figures put out Friday by Canada Mortgage and Housing Corporation (CMHC), starts for all areas across the country shot up […]

Is it time for Canada to embrace the 30-year mortgage?

Is it time for Canada to embrace the 30-year mortgage?

Breadcrumb Trail Links Real Estate Mortgages Canada caps insured mortgages at 25-year amortizations, but some want them to go longer to help with affordability issues Published Mar 14, 2024  •  Last updated 2 days ago  •  3 minute read With housing affordability at crisis levels, some say it might finally be time for Canada to embrace […]

Renters have harder time accumulating wealth than homeowners: RBC economist

Renters have harder time accumulating wealth than homeowners: RBC economist

Houses for sale in Ottawa Renters face daunting barriers in their attempts to build wealth as they’re forced to devote an increasing share of their income to keeping a roof over their head, said an RBC report out Thursday. The report by economist Carrie Freestone adds to a growing body of research painting a stark […]

Tips on buying and paying for your first home

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Friends Sue Friends Over BC Development “Gone Terribly Wrong”

Friends Sue Friends Over BC Development “Gone Terribly Wrong”

[ad_1] Houses for sale in Ottawa Earlier this month, the Supreme Court of British Columbia published a judgement pertaining to a dispute between long-time friends over a real estate investment and development opportunity. Justice F. Matthew Kirchner’s judgment begins with a summation of the case, saying in the very first sentence that “This is a […]

February housing starts increased 14% from January: Canada Mortgage and Housing Corp

February housing starts increased 14% from January: Canada Mortgage and Housing Corp

Houses for sale in Ottawa The pace of home construction rose in February as builders started on more apartments and condos, but the industry continues to struggle under cost pressures. Canada Mortgage and Housing Corp. said Friday that housing starts jumped 14 per cent to 253,468 in February from a month earlier on a seasonally […]

Accessibility is the housing crisis that no one is talking about

Accessibility is the housing crisis that no one is talking about

Houses for sale in Ottawa Breadcrumb Trail Links Real Estate Advocates call for adoption of universal design principles to ensure easy conversion of residential units for people with disabilities Published Mar 14, 2024  •  Last updated 1 day ago  •  4 minute read Home construction at East Hills Crossing in Calgary. Photo by Jim Wells/Postmedia files […]

Still No Completion Date For The One As SKYGRiD Takes Over

Still No Completion Date For The One As SKYGRiD Takes Over

[ad_1] Houses for sale in Ottawa Developer Sam Mizrahi was officially taken off The One on Wednesday, as new construction manager SKYGRiD took over the embattled project. A weeks-long transition culminated this week in SKYGRiD fully taking over after the project’s receiver, Alvarez & Marsal, sought to bring the builder on in February to finish […]

Is the 5-year fixed mortgage dead?

Is the 5-year fixed mortgage dead?

Houses for sale in Ottawa Breadcrumb Trail Links Real Estate Mortgages Fixed rates must take a generous tumble before a five-year fixed revival — and that’s an economic season or two away Published Mar 15, 2024  •  Last updated 6 hours ago  •  3 minute read Homes for sale in East Gwillimbury, Ont. Photo by Cole […]

Transforming Commercial Spaces into Homes with Antonia Botero of MADDPROJECT

Transforming Commercial Spaces into Homes with Antonia Botero of MADDPROJECT

Houses for sale in Ottawa On this episode of the Commercial Real Estate Podcast, hosts Adam Powadiuk and Aaron Cameron speak with Antonia Botero, Principal at MADDPROJECT. Topics covered include: Office to residential conversions challenges and opportunities The financial and architectural aspects of development Cost considerations and factors for successful office conversions Zoning legislation and […]

Ontario Building Faster Fund: Tracker

Ontario Building Faster Fund: Tracker

[ad_1] Houses for sale in Ottawa With Ontario’s goal of creating 1.5 million new homes by 2031 looming, the Province is handing out funding to municipalities that are helping to get it there. The parameters are pretty cut and dry: the Ford government has set housing targets for 50 of Ontario’s largest and fastest-growing municipalities […]