Sign Up | Archives June 30, 2016
May high-rise sales mark near-record month
Consumers snapped up 3,623 new high-rise homes in the GTA in May, making it the second-best month on record, next to November 2011, reported the Building Industry and Land Development Association (BILD).
Working group launched to study housing market
In an effort to further its goal to help the middle class, the Government of Canada has announced it will form a working group of officials from the federal government, the provinces of Ontario and British Columbia and the cities of Toronto and Vancouver to study the Canadian housing market and provide policy recommendations.
Mixed-use development planned for Summerhill
Diamond Corp, Tricon Capital Group Inc. and RioCan REIT have recently closed two separate transactions including the acquisition of approximately one acre of land in Toronto’s Summerhill neighbourhood from Woodcliffe Landmark Properties.
 
Building a Pavement Maintenance Plan
Building a maintenance plan is key to the longevity of your paved areas, as heavy damage can be avoided if it is addressed early through regular maintenance checks. This requires being proactive and addressing issues before they arise, rather than being reactive and trying to tackle issues as they come up.
 
New program to assist local first-time home buyers
Concord Adex has announced the Home Ownership Made Easy (HOME) program to give local first-time buyers an advantage when buying their first home.
Report warns against tightening mortgage rules
In a report released June 28, Will Dunning, Mortgage Professionals Canada’s chief economist, warned against further tightening mortgage lending conditions in Canada, saying it would significantly reduce housing activity.
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Fluidity of architecture explored at RAW SHIFT
On June 23, RAW Design welcomed design professionals to RAW SHIFT, a one-night-only flash architecture installation that transformed an empty storefront on Queen Street into a thematic exploration of the fluid nature of built spaces and how a building’s use evolves over time.
Prével launches final phase of Lowney sur Ville
Lowney sur Ville’s final 104 units were recently put up for sale by Prével, marking the end of a project that spanned 12 years to contribute in large part to the revitalization of Griffintown.

Plan a landscape renovation in three steps
The key to realizing a condominium’s full value in today’s expanding real estate market is to realize its full exterior value. Developers often fail to unlock the landscape potential of a property — particularly when it comes to planting design — when they only carry out what the local municipality requires of them to gain site plan approval.
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