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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.

  • Higher construction costs, Alberta market demand boosts Canadian new home prices in February

    Livabl March 21, 2022

    The cost of a new home in Canada has continued to rise for another month thanks to growing buyer demand in Alberta and higher construction expenses.

  • Greater Vancouver’s housing market shows signs of rebalancing mid-March

    Livabl March 18, 2022

    Vancouver’s quota of home sales and new listings so far this month hasn’t been as high as last year, an indication that there may be some rebalancing in the works.

  • More new listings, interest rate increases to help rebalance Canadian housing market

    Livabl March 18, 2022

    After a stretch of soaring prices and little-to-no home supply, the tides could soon turn for Canada’s real estate market.

  • Greater Vancouver could see over 4,100 new construction condo units launch in Q1-2022

    Livabl March 17, 2022

    Greater Vancouver is on track to see more than 4,100 new construction condo apartments launch sales by the end of Q1-2022, significantly more than what was reported during the same business quarter last year.

  • Canadian home prices increase for 20th consecutive month in February

    Livabl March 17, 2022

    For the 20th month in a row, Canadian home prices have continued to trend upward.

  • Birch Cliff car wash could make way for new 12-storey condo development

    Livabl March 17, 2022

    In February, a zoning by-law amendment application was submitted to the City of Toronto to construct a 12-storey development with 287 units at 150 Clonmore Drive.

  • Canada’s vacancy rate has dropped close to 2001 levels

    Livabl March 16, 2022

    New insights published by Point2 show that the number of unoccupied homes in Canada — while still quite high — has dropped since the previous census, down to levels recorded 20 years ago.

  • Mississauga’s Lakeview Village receives sustainability honours at 2022 National Urban Design Awards

    Livabl March 16, 2022

    Lakeview Village, a ​​177-acre mixed-use community slated for Mississauga’s waterfront, has been recognized for its sustainable development.

  • Alberta’s improving economy had positive effect on 2021 new multi-family home market: Zonda Urban

    Livabl March 15, 2022

    Last year brought about several positive economic milestones for Alberta as the province’s new multi-family home sector experienced growing levels of starts and sales.

  • Housing starts trend lower across Canada in February as Toronto reports increases: CMHC

    Livabl March 15, 2022

    The number of new homes kicking off construction trended downward last month according to the latest insights released by CMHC. Meanwhile, an increase in total monthly starts was noted in Toronto.

  • Average home price hits record $816k as February buyers snag first spring listings: CREA

    Livabl March 15, 2022

    Spring is heading our way and home buyers are already jumping on the first listings to hit the market as prices soar to a new record, the Canadian Real Estate Association (CREA) says.

  • The number of ‘severely unaffordable’ housing markets has doubled in Canada

    Livabl March 14, 2022

    Home buyers looking for a property in Vancouver are searching in one of the world’s most unaffordable markets, as proven by recently published research.

  • B.C. market demand keeping strong into spring: BCREA

    Livabl March 14, 2022

    Spring is around the corner, and British Columbia’s housing market appears to be gearing up for the season.

  • The average 416 home is $1,210,889. Here’s what that can get you in new construction

    Livabl March 14, 2022

    If you were to take the average Toronto resale price of $1.21 million and apply it to new construction, what would it get you?

  • New family-friendly rental building with affordable housing could replace Scarborough church

    Livabl March 11, 2022

    A 1950s church situated just west of Scarborough’s Cedarbrae Mall near Lawrence Avenue East and Markham Road could be demolished to make room for a new family-friendly rental housing complex.

  • Calgary reports $5.7 billion in construction value, surge of permit applications in 2021

    Livabl March 10, 2022

    Calgary’s construction industry is on an upswing thanks to a boost in building permits submitted last year.

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