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Livabl

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Housing starts trended downward in March, but activity remains historically high: CMHC

Livabl April 19, 2022

Last month, the number of housing units kicking off construction trended lower across the country.
Forest-inspired mid-rise development proposed for Cambie Street

Livabl April 19, 2022

Vancouver’s South Cambie neighbourhood could be the future site of a 60-unit residential development that was recently proposed near West King Edward Avenue and Cambie Street.
Home sales fall more than 5% in March as market eases back: CREA

Livabl April 19, 2022

The number of homes bought and sold across Canada dropped between February and March, an early indicator that the market could be showing signs of cooling down.
Ontario receives royal assent for its More Homes for Everyone plan

Livabl April 18, 2022

A major housing bill aimed at speeding up development timelines and boosting housing supply in Ontario through “near-term solutions and long-term commitments,” has been given royal assent.
Budget would close under 20% of annual gap between building pace and home supply

Livabl April 18, 2022

One expert points out that the budget’s spending will only bridge some of the gap between the pace of homebuilding and the annual amount of desperately-needed supply.
CREA to launch test pilot for online real-time offer tracking

Livabl April 15, 2022

Buyers browsing for homes online may soon be able to keep track of purchase offers made on properties by the minute.
Canada’s booming small housing markets could see up to 20% price growth in 2022

Livabl April 14, 2022

All small markets analyzed in RE/MAX Canada’s report will see prices climb within the average range of three per cent to 20 per cent in 2022 thanks to low inventory and growing demand.
Peel Region eyes Vacant Home Tax to boost affordable housing supply

Livabl April 14, 2022

Peel Region could be the next municipality to implement a Vacant Home Tax in an effort to make more housing available.
Luxury condo sales soared in major markets during Q1-2022: Sotheby’s Canada

Livabl April 13, 2022

Canada’s luxury real estate market reported a robust Q1-2022 thanks to rising consumer optimism and economic revitalization, trends that have supported soaring sales for high-end condos.
The Bank of Canada hiked the overnight rate to 1%. What do the experts think?

Livabl April 13, 2022

In its third policy interest rate announcement for 2022, the Bank of Canada has raised its target for the overnight rate by 50 basis points to one per cent, the largest increase in 22 years.
B.C. reports over 11,400 homes sold in March: BCREA

Livabl April 12, 2022

Last month, upwards of 11,400 homes traded hands across British Columbia, but levels have fallen from record highs set in March 2021.
Ontario and Toronto governments collaborate on transit-oriented communities at five Ontario Line stations

Livabl April 12, 2022

The City of Toronto and the Ontario government have partnered up to build transit-adjacent developments, known as transit-oriented communities (TOC), along five Ontario Line stations.
Multiple-property investors hold a third of residential properties: Statistics Canada

Livabl April 12, 2022

The number of multiple-property owners who hold onto homes for investment or rental income possess a significant chunk of the housing supply, according to newly-released information from Statistics Canada.
Toronto has the most cranes in North America

Livabl April 11, 2022

As Toronto leads ahead of other North American cities with the most active building cranes, the cost to build homes in the city continues to climb.
2022 budget measures won’t bring immediate relief to housing market: RBC Economics

Livabl April 11, 2022

Hopeful homebuyers may need to wait to feel the effects of the 2022 Budget measures according to new insights from RBC Economics.
New two-tower high-rise project proposed near Ontario Science Centre, future Ontario Line station

Livabl April 8, 2022

A duo of residential towers has been proposed near the Ontario Science Centre and one of the future stations on the Ontario Line, a major provincial transportation project that broke ground last month.