Since before the Budget Day on April 16, Prime Minister Justin Trudeau has been making announcements addressing the housing crisis facing the North American nation. From incentivizing the construction of affordable housing to reconstruction, these plans promise to improve the housing infrastructure of Canada.
Archives: Trending New
All About Alberta’s Upcoming ROCK’N REAL ESTATE 2024 Event
The real estate sector’s most influential leaders and innovators will be gathering in Calgary for a conference that, in all probability, is going to be the biggest real estate event in Alberta. Titled, ‘Rock’N REAL ESTATE 2024’, the BUZZ conference will be taking place in Carriage House Hotel & Conference Centre on Thursday, May 2. The meeting will open at 7:30 am with a light continental breakfast. The discussion will go from 8 am to 5 pm followed by an hour of networking session at the end of the event. Cocktails on the house!
Canadian Housing Market Update: March Existing Home Sales Indicate Stabilization Ahead of Spring Season
Canadian housing activity was largely stable in March, but a key spring selling season lies ahead. Existing homesales edged up 0.5% in March (seasonally adjusted) and were up a modest 1.7% from sluggish year-ago levels (although an early Easter long weekend likely reduced volumes somewhat). While current activity might seem quiet compared to the exuberance in 2021 and early 2022, sales volumes are trending about in line with pre-COVID norms, albeit at the low end of that range.
What Does Prime Minister Justin Trudeau’s Ambitious Housing Plan Mean For Canada?
“We are changing the way we build homes in Canada. In our housing plan and Budget 2024, we are delivering ambitious action and investments to build more homes, make it easier to rent or own, and help the most vulnerable with stable housing. This is about restoring fairness for every generation, and housing is at the heart of that”, said Canadian Prime Minister, Justin Trudeau about the country’s new housing plan.
London to Incentivize Office-to-Residential Transformation
London, Ontario is the latest Canadian city to greenlight the incentivizing of office-to-residential conversion. The city will be taking serious steps to promote the conversion of unoccupied office spaces into residential buildings.
Toronto Reduces its Crane Count, What Does it Mean?
Toronto has no dearth of cranes. It ranks among the top across North America in terms of crane count. However, as per a new report, Toronto has lost some footing in the crane department.
Canada’s Homebuilding Market Bouncing Back? Here’s What the Figures Suggest:
Last Friday, Canada Mortgage and Housing Corporation (CMHC) reported the figures for starts across the country. The work has begun on 253,468 new units showing a 14% rise in homebuilding. It’s a great sign for the housing market given the year started on a sluggish note with a 10% drop between December and January. The trend started looking up in February.
CentreCourt To Add a New 68-Storey Condo Tower At Yonge And Wellesley
Downtown Toronto has no dearth of high-rise buildings, yet, it appears there is no stopping in the addition of such development. The latest addition to the high-rise club of Downtown Toronto is CentreCourt’s 68-storey condominium complex. The company is reputed for its high-quality work in high-rise-space across GTA.
Vancouver City Greenlights a Mega Co-Op Housing Plan
In case you are not aware of what co-op really means, a co-op housing society is a residential building cooperatively owned by residents.
Toronto City’s Ambitious Plan To Tackle Housing Crisis, Aiming Development Of Over 65,000 Homes
Toronto City News: The Hogtown’s ambitious plan eyes the construction of over 65,000 homes. But, is it possible?