The Latest information in Pre-Construction Condos
Alberta announces ambitious shipping container housing project
A new scheme aims to create affordable rental housing in Alberta with plans for similar projects nationwide.
The Alberta Rural Development Network's (ARDN) Sustainable Housing Initiative (SHI) will see the development of at least 8 energy-efficient…
Luxury condo sales are booming says RE/MAX
Sales of homes in the $1-2 million price range are the focus of a new report from RE/MAX.
It found that sales of luxury condos have increased in 2018 compared to 2017, especially in Canada’s large urban areas.
In Toronto there was a…
USMCA has given consumer confidence a boost
The new trilateral trade deal between Canada, the US, and Mexico has prompted a rise in confidence among Canadian consumers.
The weekly Bloomberg/Nanos Research Canadian Confidence Index has increased to 57.43 compared to 55.65 four weeks…
Canadian CRE is an "untapped market" for Korean capital
A Korean real estate fund manager has made its first large loan secured on Canadian commercial real estate.
KTB Asset Management has originated a C$165 million non-recourse, 5-year fixed-rate loan secured by Hotel X Toronto.
The 404-guest-room…
BC brings in international experts for real estate probe
Two internationally renowned and recognized experts on money laundering have joined the panel investigation illicit activity in British Columbia’s real estate market.
Tsur Somerville - from the University of British Columbia’s Sauder…
1 in 3 fear rate rises could move them towards bankruptcy
With the Bank of Canada widely expected to increase interest rates Wednesday, a poll from debt advisors MNP shows rising concern over higher rates.
The survey, conducted by Ipsos, found that 1 in 3 Canadians are worried that rising interest…
More bad news for builders
Homebuilder stocks fell after Bank of America Merrill Lynch cut its recommendation to neutral from buy on three of the biggest companies -- Toll Brothers, PulteGroup and NVR -- and RBC offered fresh skepticism about growth and affordability.…
Mississauga Real Estate Board forges deal with Ontario property portal
The Mississauga Real Estate Board (MREB) and real estate portal Real Estate Wire (REW) recently announced their partnership to provide wider home options for customers and to increase agents’ prominence, especially in the home buying and selling…
Edmonton would-be buyers guardedly eyeing their purchases
In its latest House Price Survey and Market Survey Forecast, Royal LePage reported that lower housing costs observed in the third quarter could be attributed to a general guardedness among the Edmonton market’s would-be buyers.
“It’s…
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