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The Canadian Real Estate Association (CREA) is anticipating a flurry of #homesales this spring. “Our forecast continues to be for a significant unleashing of demand in the spring of 2025," CREA’s senior economist Shaun Cathcart said in a statement. thestar.com/real-estate/ex…

Canada has 2.4 million households in what a new report from the Office of the Parliamentary Budget Officer in #Ottawa describes as “core housing need”. That number is expected to increase to 2.6 million by 2027. biv.com/news/canada-ha…

Small condo developments are arriving in #Toronto neighbourhoods that were once characterized by single-family homes. But the projects are complex and pricey, experts have previously said. So where is the new interest coming from? thestar.com/real-estate/ti…

Vancity’s January Economy and Impact report is reinforcing the belief that for many Vancouverites, the dream of owning a home feels increasingly out of reach. Even some high-income households are struggling to secure homeownership. bc.ctvnews.ca/vancouver/arti…

Andre Kutyan, a Toronto-based broker with Harvey Kalles Real Estate, said the first few weeks of January are slow in typical years, but he is already hearing from sellers interviewing agents and asking for evaluations. theglobeandmail.com/real-estate/to…

A report from Royal LePage predicts Halifax’s housing market will benefit from lower interest rates, changes to #mortgage lending rules and renewed demand to experience revived market activity in 2025. saltwire.com/nova-scotia/ha…

#ICYMI Founder of Toronto-based online brokerage @zowncanada says he set out to lower costs, barriers to home ownership. It offers cash back for buyers, mortgage arrangements, leaseholds and more. renxhomes.ca/online-brokera… #realestate #homebuying #proptech #mortgage #toronto

Last year was the slowest for new condominium sales in the Greater Toronto Hamilton Area (GTHA) since 1996. In 2024, the GTHA new #condo market reported 4,590 sales, declining for the third straight year. thestar.com/business/toron…

#Calgary council has voted in favour of a land-use change to pave the way for a large multiresidential development at a former mobile home park. The land is eyed by Cedarglen Living Inc. for a 581-unit development. ctvnews.ca/calgary/articl…

Owners of an #Edmonton condo building evacuated in 2023 due to the risk of collapse are hopeful the troubled property will soon be sold, following months of delays. Cormode and Dickson Construction offered to buy Castledowns Pointe for $6.25M. cbc.ca/news/canada/ed…

The home construction industry is a “wild, wild west” and contractors should be licensed, according to the Canadian Homebuilders Association of #NewBrunswick. In Atlantic Canada, there’s no licence required or way of tracking who’s a contractor. ctvnews.ca/canada/article…

According to Rentals.ca, #Vancouver is Canada's priciest market for renting a one-bedroom apartment, with prices averaging $2,512, and the most expensive place to rent a two-bedroom, with prices averaging $3,430. biv.com/news/real-esta…

Canada's #housing market saw a modest increase in the number of housing starts, or new home #construction, in 2024. Canada Mortgage and Housing Corporation said housing starts totalled 245,120 last year, up from 240,267 a year earlier. cbc.ca/news/business/…

Well-heeled buyers may want to consider snapping up luxury condominiums in #Vancouver, where growing inventory, lower prices and falling interest rates have created an investment window, according to Sotheby’s International Realty Canada. newwestrecord.ca/real-estate/va…

#Edmonton approved enough residential permits last year to construct more than half of the homes it wants to build before the end of 2026, including nearly all the permits needed to reach its missing middle #housing target, according to city. cbc.ca/news/canada/ed…

The B.C. Real Estate Association said the province's housing market finished 2024 on a strong note, setting the stage for a balanced and steady 2025, but looming threats of tariffs from south of the border could disrupt this stability. cbc.ca/news/canada/br…

By most projections, the Canadian #housing market is expected to see modest sales and price gains in 2025, but “it’s still a long way back to the 2022 highs,” according to BMO senior economist, Robert Kavcic. realestatemagazine.ca/housing-market…

Preconstruction condo prices fell 15 per cent in the #Toronto region in the final quarter of 2024, as sales plunged to their lowest level in nearly three decades and a glut of unsold units hit a record high. theglobeandmail.com/business/artic…

#ICYMI Landaglobal buys $14M boutique condo / mixed-use development site in Metro Vancouver Kerrisdale neighbourhood via foreclosure sale. It's looking for more such sites. renxhomes.ca/landa-plans-bo… #cre #crecanada #realestate #housing #newhomes #condos #developers #vancouver