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  • 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.

  • Stillwater’s Homeowners’ Association offers a wealth of exclusive amenities

    buzzhomeblog April 29, 2022

    A new phase of Stillwater is coming to Edmonton. This master-planned community is courtesy of Mattamy Homes and will be located in West Edmonton surrounded by plenty of nature.

  • 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.

  • Apartments in high-rise buildings have increased rapidly in Canada since 2016

    Livabl April 27, 2022

    The number of apartments being built in Canada has exploded over the past five years according to newly-released Census data.

  • Micro condos are part of the affordable housing puzzle, but finding financing can be tricky

    Livabl April 27, 2022

    Despite their compact design and typically lower prices, getting the financing for these ultra-tiny condo units isn’t always straightforward.

  • Calgary’s new multi-family market reports higher presence of Ontario investors

    Livabl April 26, 2022

    Calgary’s new multi-family property market reported high levels of demand during the first quarter of 2022, partly thanks to a greater number of Ontario investors in the marketplace.

  • Falling rental listings push GTA prices closer to pre-pandemic peak in Q1-2022

    Livabl April 26, 2022

    With fewer rental homes coming online, market conditions tightened in the Greater Toronto Area during the first quarter of 2022, forcing average prices upward.

  • As Canadians return to the office, homebuyers are showing more interest in major cities

    Livabl April 25, 2022

    As more Canadians head back to their office cubicles, the rush of homebuyers retreating from major cities appears to be slowing down.

  • New construction GTA condos hit record price of $1.25 million in March

    Livabl April 25, 2022

    While the price of a new construction condo reached record highs in the Greater Toronto Area during March, sales in the region saw a change from the market’s “breakneck pace,” of the past few months.

  • Vancouver housing market faces slower price growth, drop in building starts in 2022

    Livabl April 22, 2022

    Vancouver’s housing market could see home prices gradually fall this year while challenges related to housing starts, labour shortages and affordability continue to linger.

  • The average price of a GTA condo has jumped $145K from Q1-2021

    Livabl April 22, 2022

    Condo buyers in the Greater Toronto Area might have noticed that the price of units have jumped considerably across the region this past year.

  • Odds of a housing crash are low: RBC Economics

    Livabl April 21, 2022

    Now, with the Bank of Canada having made its second hike to the overnight rate in what is expected to be a series of increases this year, higher rates could change the trajectory of the housing market.

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