Construction
Construction costs rattle the condo industry
Construction cost increases are a significant concern if a condo needs to complete work in the next year or so. But the concern isn't just the here and now.
Land-use designations stir debate in Mississauga
Landowners in Mississauga wanting to redevelop their properties for residential mixed-use purposes hope to reverse an employment designation on Dundas Street.
Probing election promises for housing supply
With Ontario’s Progressive Conservatives (PCs) entering another four-year term, the development community is keeping close tabs on election promises made around housing supply and affordability.
Living with dignity in multi-generational housing
Multi-generational homes are often an afterthought for builders who continue to favour housing geared to nuclear families. Rarely do municipalities legislate them.
Special assessments foreseen as CPI rises
Coming out of an extended period of low inflation, many condo boards will confront reserve fund shortfalls as the consumer price index now pushes up toward 7 per cent.
What’s ahead for Ontario’s condo market?
While overall activity has declined, condo supply continues to remain very constrained in the primary GTA markets. However, new pre-construction launches continue to be very popular.
Condos at high risk from reserve fund shortfalls
The growing crop of condo owners across Canada will likely encounter huge annual fee increases and lump-sum payments due to low reserve fund contributions, authors of a new research report are warning.
Condo market offers hope amid housing woes
Those seeking more affordable housing options are finding a cure-all in the condo market, which offers affordability, availability, amenities, and neighbourhood liveability.
The fatal flaws behind the Surfside condo collapse
Building failures of this horrific scope are seldom seen in North America. But it is important to examine what happened so we can learn and prevent similar collapses in the future.
Realtors scrutinize proposed blind bidding ban
One of the more contentious policies to surface over the past week is a subscribed end to blind bidding.
Scanning the road ahead for EV-ready condos
As the country moves to accelerate the adoption of electric vehicles, questions are brewing among people living in multi-unit dwellings.
Purpose-built rental pro formas under pressure
Developers are facing escalating material costs, supply chain disruptions and labour shortages in step with climbing vacancies and falling rental rates that were not contemplated 18 months ago.
Homes prices off the charts in most regions
Home prices across the country have gone haywire over the past year, particularly in Atlantic Canada and more recreational locations.
GTA new condo market rebounds from COVID hit
The new condo market in the GTA has not only fully recovered from a pandemic slump, but reached record sales in the second quarter of 2021.
Could a Florida condo collapse happen in Ontario?
How would this scenario unfold in Ontario? Leaving aside the construction process itself, there are vast differences between Ontario and Florida condominium laws that would have given the Champlain towers significant added protections following registration.
Ontario advances elevator repair legislation
Ontario is kicking the dust off of elevator repair legislation, which was passed under the Liberal government in May 2018 but never proclaimed into law.
New condo in Toronto bets on market rebound
In tech-giant style, PRIME will offer 4,000 square feet of Facebook-inspired outdoor and indoor co-working space and an expansive 24-hour fitness facility.