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News

Your go-to source for real estate news from markets across Canada and the United States. From the latest home price trends to housing market commentary — when it comes to understanding what’s happening in the market, we’ve got you covered.

  • 31-storey project proposed for final undeveloped block of Toronto’s Canary District

    Livabl May 6, 2022

    The final block of undeveloped land in the Canary District may soon be home to a high-rise residential complex that will deliver over 850 new homes to the West Don Lands neighbourhood.

  • The Parry-Evans residence finds life as part of Union’s community

    Livabl May 6, 2022

    Mixing antique and modern elements has become the trademark of some builders, but what happens when you want to include a historic farmhouse from 1896 as part of your community?
    Union is taking on that challenge during the creation of its development.

  • Housing starts struggle to keep pace with population growth in some Canadian cities

    Livabl May 5, 2022

    Although residential construction grew in Canada last year, the number of homes being created has still struggled to keep up with the rising population within the country’s biggest cities.

  • Vancouver homebuying activity returns to more typical levels in April

    Livabl May 5, 2022

    Home shoppers in Metro Vancouver likely saw a more normal pace to the market in April as trends “returned to more historically typical levels,” last month.

  • Higher labour and fuel prices drive residential construction costs up 5.6% in Q1-2022

    Livabl May 5, 2022

    The cost to build a home in Canada increased at levels not recorded since the second quarter of 2021, a trend that could be supported by higher fuel and labour costs.

  • The Daniels Corporation brings the FirstHome program to Pickering

    Livabl May 5, 2022

    For the first time, Daniels is bringing its FirstHome program into the Durham region of Pickering. FirstHome has a dedicated following for a reason – Since 2004, thousands of individuals, families, downsizers and more have found a home through these attainable collections.

  • This home search app lets you scroll through listings like TikTok

    Livabl May 4, 2022

    Similar to Tinder or TikTok, Torii’s mobile app lets prospective buyers swipe through a series of curated listings through its AI-powered home search feature.

  • How new construction has shaped Toronto: Conversations with The Condo Store Part I

    buzzhomeblog May 4, 2022

    With every project that breaks ground, developments play a role in creating and establishing parts of the city, whether it’s through new master-plans, distinct architecture or expanding an up-and-coming neighbourhood.

  • GTA home sales drop in April as higher mortgage rates delay buyer purchases

    Livabl May 4, 2022

    So far this year, the Bank of Canada has hiked its target for the overnight policy rate to one per cent, a decision that could be behind the slowdown in Toronto home sales during April.

  • Slower April sales, more active listings help restore balance in Fraser Valley market

    Livabl May 3, 2022

    For the first time in two years, home sales in the Fraser Valley dropped from March and fell below the region’s decade-long average, an indication that the market is rebalancing as more active listings come online.

  • Strike of 15,000 residential construction workers may affect ground and high-rise GTA projects

    Livabl May 3, 2022

    Thousands of workers in the residential construction industry have walked off the job, which may impact new development activity across the Greater Toronto Area.

  • Canada’s real estate and construction industries report GDP growth in February

    Livabl May 2, 2022

    The real gross domestic product (GDP) of Canada’s key housing industries reported steady and consecutive monthly growth during February according to new data released by Statistics Canada.

  • Vancouver empty homes tax to jump to 5% starting in 2023

    Livabl April 29, 2022

    This week, Vancouver’s City Council unanimously approved Mayor Kennedy Stewart’s motion to hike the city’s Empty Homes Tax (EHT) from three to five per cent starting in 2023.

  • Bronze mid-rise development proposed for Cineplex corporate office building in Summerhill

    Livabl April 29, 2022

    A corporate office building used by Cineplex could be redeveloped into a shiny mixed-use mid-rise between two TTC stations.

  • Rising mortgage rates will help to cool Canada’s resale market: Desjardins

    Livabl April 28, 2022

    As mortgage interest rates continue to climb higher, one economist predicts that growing rates will shake up Canada’s housing sector, pushing some first-time homebuyers out of the market while lowering home prices.

  • GTA home prices cool from February highs heading into spring

    Livabl April 28, 2022

    As the market hits peak springtime, communities across the Toronto region are actually noticing that home prices are trending downward.

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