News

Demand for multi-family housing in Calgary continues to be strong, as inventory levels continue to decline.

The luxury high-rise industry is limited only by its imagination was a major theme of the Elevate conference in Miami in early December, an exclusive gathering that explored the art of living in high-rise buildings. 

Canadians can breathe easy for another month, as the Bank of Canada has announced its holding interest rates at 5 per cent for now.

Zonda Virtual is the innovative technology is the power behind the 2024 Virtual Concept Home by Livabl.

Today’s buyers are busier than ever before. Taking the time to seek out a community and tour a model home with the family isn’t always practical. The ability to not only explore a home online, but to also experience what the neighborhood will look like in the future, is a welcome revelation for many purchasers.

Consumer sentiment towards Canadian real estate remains strong, but a year of rising interest rates and affordability has left some buyers skeptical.

Zonda Urban’s Vancouver Multi-Family Take for Q3-2023 shows a market cooldown for new homes. However, stable housing prices, constant migration, and higher borrowing costs have led to a significant regional affordability issue.

As the CEO of FirstService Residential, David Diestel has witnessed the shifting trends in the high-rise luxury market. Luxury buyers demand name recognition, impressive amenities, and immediate service. Diestel’s company aims to bring all these requests and more to today’s high-rise purchasers.

According to exclusive data from Zonda Urban, townhome projects continue to be the hot product in the Greater Toronto and Hamilton Area (GTHA). Overall, multi-family sales at an annualized pace of 15,971 are down 44 per cent from last year.

Regardless of snow on the ground, the Canadian Real Estate Association’s (CREA) October report indicates winter has arrived for the nation’s housing market.

Simon Mass has a reputation within the building industry that spans across North America. He’s known as the creator of volume pre-construction sales investing for qualified high-net-worth individuals and families.  

Greg Zayadi has over two decades of real estate experience working with industry-leading brands. Today, he’s president of rennie, a full-service real estate company in Western Canada that aims to put thoughtfulness back into real estate. 

Adam McAbee has nearly 30 years of experience analyzing real estate projects and markets, both in the U.S. and around the world. There’s no one better to speak on the data and insights of branded residences in the country.

Homeowners holding their breath on the Bank of Canada’s benchmark rate announcement can breathe again, at least for the meantime.

Guelph is known as the Royal City, so it’s only fitting that this master-planned community is called Royal Valley. Excellent single detached home and freehold townhome…

Discerning luxury high-rise customers seek out Edgardo Defortuna’s buildings for a reason: With forty years of experience in the business, he knows what buyers want. As president, CEO, and founder of Fortune International Group, Defortuna is the creator of many of the most notable high-rise addresses in Miami. 

Canadian buyers continued to take their foot off the gas last month. CREA recorded national home sales dropped 1.9 per cent year-over-year. September marked the third straight month of sales decreases. On the bright side, the slide was only half as large as the numbers recorded in August.