Facing higher home prices, some prospective homeowners are opting for co-ownership, pooling their resources to enter the market. Read about this and more in Livabl’s weekly roundup of Canadian housing news and trends.

According to some economists, this year could mark one of the best times for new construction housing starts since the 1980s.

After the incredible success of Phase 1 with over 90 per cent of homes sold, New Story Homes is back with the latest addition to Willow Living. Phase 2 is now open and interested buyers should act now to secure their place in Langley’s most desirable neighbourhood.

It’s 2021 Canadian Real Estate Lenders’ Report released this week, CBRE stated that lenders are feeling more optimistic about the real estate sector, a “significant shift” in lender sentiments over the past two years.

Brivia Group recently submitted a development application for a 60-storey mixed-use residential tower in downtown Vancouver’s West End.

Laneway houses increase density and rental supply, although Vancouver homeowners who live near one could see their property values decrease, particularly in affluent areas.

Earlier this month, a zoning by-law amendment application was submitted to the City of Toronto to build a 60-storey mixed-use high-rise with 258 suites at 49 and 51 Yonge Street.

In a report published this week, IG Wealth Management revealed that high-net-worth individuals gave an average of $145,000 to each child for the purchase of a property.

A major intersection in Toronto’s Annex neighbourhood could be getting another high-rise addition if new development plans are approved.

As British Columbia works to rebuild and repair supply lines, building material delays are expected to impact residential construction projects across the province.

The price of a new home in Canada increased on both a monthly and yearly basis during October as supply constraints persisted in some regions.

addy — an online investment platform that allows Canadians to invest in real estate for as little as $1 — is expanding its reach, entering the Toronto market with a three-building apartment complex.

Thanks to a development application submitted this month, Yorkville could welcome two new towers into its roster of luxury properties.

Vancouver’s housing inventory keeps plummeting, leading industry experts to wonder how low supply levels can go.

Pauline Lierman, Zonda Urban’s vice-president of market research for Ontario and Quebec, gave Livabl the 411 on new condo price trends in the 905 region.

Happy Harvest recently submitted an application to redevelop 305 Main Street, replacing several buildings including the Imperial Theatre, which would see a scaled-down version incorporated into a new 11-storey mass timber development called MAC.